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| Home » Australia » New South Wales » Port Macquarie Real Estate |
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Port Macquarie Real Estate |
Port Macquarie Real Estate offers a bright future for property investors. Market indicators, such as low vacancy rates, rising property prices, high population growth, land shortage, strong rental demand, increasing rental yields, growing housing demands and low building approvals, suggest a consistent growth pattern for the real estate sector in Port Macquarie in coming months. Despite a rise in interest rates, first home buyers are seen making bids for apartments for sale at auctions.
The demand for rental properties exceeds the available stocks and investors find a great opportunity in it. Property management companies are thriving and real estate agents are expecting a tough time ahead in meeting the growing demands for investment properties, apartments & units for sale, house and land packages, rentals and rural properties.
Port Macquarie is one of the fastest growing cities in New South Wales and is known for extensive beaches and waterways. Located on the mid-north coast of the state, just at the mouth of the Hastings River, the city is a major retirement destination and attracts a large number of tourists from across the world. Sydney lies to the south while Brisbane is located to its north.
High rate of immigration (and a faster population growth as a result of it) has led to a spurt of activities in real estate domain. New apartment blocks have been erected and residential suburbs now stretch to Thrumster in the west, Lighthouse Beach to the south and to the north shore, on the north bank of the Hastings River. Sovereign Hills and Settlement Point are some of the areas where new real estate developments have been witnessed recently.
Port Macquarie Real Estate for Sale
The median property prices continue to move upward in all major localities in Port Macquarie since the start of 2010. The median house price for the region is now touching the $300,000 mark while the median unit price has surpassed the $250,000 mark. The median house price in the City of Port Macquarie has already crossed the $350,000 mark. The localities with rising price trends include Blackmans Point, Riverside, Thrumster, North Shore, the Hatch, Fernbank Creek and Port Macquarie 2444.
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Approvals for new homes are falling whereas the demand for all kinds of properties for sale and for rent is increasing. This is what causing a soaring trend in property prices across all markets in the region. Moreover, the trend is expected to continue in the remaining part of the year and thus investors stand a good chance to gain attractive capital returns. Even the demand for rural properties for sale has picked up and we see the emergence of many agents providing exclusive services for this real estate sector.
Port Macquarie Real Estate Rentals
Immigrants and people moving here for work prefer to live in houses for rent for the first one or two years before buying a home of their own. The trend is putting pressure on the rental market as there is not enough stock to meet the rising demand. The result is increasing rents and a tightening market condition. We see rental properties drying up too fast and there will be acute shortage of houses to rent in the months to come.
Investors are buying houses, apartments and units in expectation of higher rental returns and we see a number of property management companies and real estate agents offering maintenance and other services to the landlords and property owners. With a wide range of services that these companies offer to their clients they are playing vital roles in boosting real estate rentals in Port Macquarie 2444. Some of these companies even own properties and use them for holiday rentals providing accommodation for a short term stay.
Port Macquarie Accommodation
You will see a great range of accommodation solutions in Port Macquarie if you are here for a few days or a weekend or even for a month. There are hotels, such as Mercure Centro Hotel that offers luxury accommodation near CBD area. Motels, on the other hand, provide a wide range of budget to luxury staying options at several places. Mantra offers self-contained quayside apartments overlooking the Hastings River in its holiday resorts.
There are beachside holiday apartments, waterview apartments, caravan parks, holiday cabins and serviced apartments with Spa and other amenities provided by Sundowner, Ki-ea, Big 4 and many others at Oxley Cove, South Pacific, Flynns Beach, Observatory, North Point, the Pacific Drive, Nobbys Beach, Shelly Beach and several other locations.
Schoolies can find cheap packages as well and there are also solutions for pet friendly and last minute accommodation needs. Contact a tripadvisor or browse through the online listings of accommodation provided by Wotif and Stayz to choose the best options and strike the best deals.
Port Macquarie Real Estate Agents
Port Macquarie real estate agents are expert in handling properties for sale or rent. They provide a broad range of property services to a variety of clients. Some want to buy a house for living, others many want it for investment. Some need a home to rent while others want to sell the properties under their possession. The real estate agents bring solutions to all. You can find at them complete house and land packages as well.
Some of the well-reputed real estate agents in Port Macquarie 2444 include the following:
PRD Port Macquarie Real Estate
21 Horton Street
Port Macquarie
Phone 02 65838800
Rental 02 65838800
Fax 02 65836601
Mobile 0428820805
Thompsons the Real Estate People
49 Horton Street
Port Macquarie
Phone 02 6583 1699
Rental 02 6583 1699
Fax 02 6583 9111
Ray White
41 - 47 Horton St
Port Macquarie
Phone 02 6583 3222
Rental 02 6583 3222
Fax 02 6584 0598
Elders
62 Clarence Street
Port Macquarie
Phone 02 6583 1644
Rental 02 6584 1199
Fax 02 6583 3208
McGrath
Suite G1 147 Gordon Street
Port Macquarie
Phone 02 6589 3777
Rental 02 6589 3777
Fax 02 6589 3788
Patterson Real Estate
Shop 12 Galleria Building
Cnr William & Short Street
Port Macquarie
Phone 02 6584 6400
Rental 02 6584 6400
Fax 02 6584 6401
Port Macquarie First National
69 Horton Street
Port Macquarie
Phone 02 6583 6000
Rental 02 6583 6000
Fax 02 6583 6966
Mobile 0402 032 799
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| Port Macquarie Real Estate Rural | Located at Shop 22 Peachtree Walk Arcade 78-82 Horton St, Port Macquarie Hastings Rural Sales has been the first choice for all kinds of rural properties, acreage, cattle property, acres and stocks, since 1998. Contact 02 6583 6983 for sales as well as rentals.
Website:http://www.ruralsales.com.au/ |
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| Port Macquarie Real Estate Units | Laing +Simmons are among leading real estate agents that offer units for sale here. Also find here villas, land and apartments on the north coast of NSW.
Website: http://www.portrealestate.net/ |
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| Hills Real Estate Port Macquarie | Hills Rentals are the rental property specialists that offer solutions for river property and hills property management. Visit at 6/114 William St, Port Macquarie NSW 2444, or contact (02) 6584 1154.
Website:http://www.hillsrentals.com.au/ |
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