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Sold on 28 Feb 2024 for $285,000

16/48 Pacific Drive
Port Macquarie NSW 2444

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 16/48 Pacific Dr, Port Macquarie

16/48 Pacific Dr, Port Macquarie is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Port Macquarie in the last 12 months.

Building Type
Unit
Local Government
Port Macquarie-Hastings
Lot/Plan
16/SP65136

Last Listing description (February 2024)

Located directly opposite Port Macquarie's popular Flynn's Beach is this very affordable investment holiday residence. The complex is managed by its own exclusive on-site manager – which means they do all the work for you.

The apartment itself contains three spacious bedrooms and everything you see from furniture to appliances and even cutlery is included. The complex itself has a heated pool and BBQ area for guests to enjoy.

This modern beachside apartment will provide the new owners with a fantastic investment which also allows the owners to holiday two weeks free per year. Port Macquarie is a town that is certainly on the move and this apartment allows you to be part of its growth for the years ahead.

• Conveniently located near great cafes, restaurants and The Port Macquarie Surf Club Bar
• Long term proven complex, well managed, brilliantly presented inside and out
• Pooled income system
• Three bedroom apartment, all furniture and appliances included
• Complex contains heated pool with BBQ facilities
• The complex contains a viewing deck with dynamic views of the ocean
• Your on-site manager takes the stress away and manages it all for you
• Underground security parking
• Owners have the benefit of staying free two weeks per year
• Perfect for the Self -Managed Super Fund

Property Details:
Council Rates: $2,140 pa
Strata: $855.70 per quarter

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

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Property History for 16/48 Pacific Dr, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$285,000
28 Feb 2024
  • 28 Feb 2024
    Sold for $285,000
  • 03 Apr 2023
    Listed for Sale $290,000 - $299,000
  • 17 Mar 2016
    Listed for Sale $260,000
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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 28,654 properties. Over the last 5 years, Houses in Port Macquarie have seen a 52.38% increase in median value, while Units have seen a 47.25% increase. As at 31 October 2024:

  • The median value for Houses in Port Macquarie is $884,055 while the median value for Units is $571,783.
  • Houses have a median rent of $620 while Units have a median rent of $480.
There are currently 180 properties listed for sale, and 107 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1146 properties were sold in the past 12 months in Port macquarie.

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David Plews
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Katie Carter
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Elders Real Estate Port Macquarie
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