SOLD
Sold on 23 Apr 2024 for $500,000

1/9 Karungi Crescent
Port Macquarie NSW 2444

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 187m2
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Property Details for 1/9 Karungi Cres, Port Macquarie

Building Type
Commercial
Land Size
187m2
Local Government
Port Macquarie-Hastings
Lot/Plan
1/SP65382

Last Listing description (September 2024)

* Area of 187 sqm approx (9m frontage x 21m long approx).
* The unit features 4m approx wide motorised roller shutter access at the front with access door.
* Block-work construction means great security compared to sheet metal sheds.

* Shared onsite parking (not allocated)
* Internal amenities.
* Direct street frontage means easier access for deliveries
* Available 1.9.24
* For further information
call Raine & Horne Commercial
Ph 6584 0544

Property History for 1/9 Karungi Cres, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$500,000
23 Apr 2024
Listed for Rent
$479/w
12 Sep 2024
  • 08 Aug 2024
    Listed for Rent $25,000 / year
  • 23 Apr 2024
    Sold for $500,000
  • 02 Feb 2022
    Sold for $550,000
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About Port Macquarie 2444

The size of Port Macquarie is approximately 54.2 square kilometres. It has 61 parks covering nearly 17.2% of total area. The population of Port Macquarie in 2011 was 41,491 people. By 2016 the population was 44,857 showing a population growth of 8.1% in the area during that time. The predominant age group in Port Macquarie is 60-69 years. Households in Port Macquarie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Macquarie work in a professional occupation. In 2011, 64.9% of the homes in Port Macquarie were owner-occupied compared with 64% in 2016.

Port Macquarie has 28,750 properties. Over the last 5 years, Houses in Port Macquarie have seen a 55.13% increase in median value, while Units have seen a 52.80% increase. As at 31 August 2024:

  • The median value for Houses in Port Macquarie is $880,215 while the median value for Units is $587,617.
  • Houses have a median rent of $620 while Units have a median rent of $475.
There are currently 143 properties listed for sale, and 94 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1197 properties were sold in the past 12 months in Port macquarie.

Suburb Insights for Port Macquarie 2444

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.