The real estate market in Port Macquarie has been booming over the past few years, as are many of the other coastal towns and cities in New South Wales.
Located just four and half hours from Sydney and only about seven hours from Brisbane, many city residence are looking to pack up and make the real Seachange and start their new life in Port Macquarie, as it is a city that has lifestyle, affordability over the larger cities and job prospects.
People started to realise that they could have the lifestyle that they so desired for a very affordable price if they came to Port Macquarie. Back when people say this city as a great place to live or invest you could easily pick up prime residential real estate for around $200,000.
But now that many of the city residence are looking to move and relocate, it has slowly put real estate prices through the roof, with an average price for a four bedroom home costing around the high $300,000.
With so many new residential estates being developed the market for new buyers and investors is more evident today than it was 10 years ago even with the higher market prices and interest rates on the rise.
If you have any further questions or queries regarding Port Macquarie’s real estate please feel free to contact us at any time to discuss it further.