SOLD
Sold on 08 Mar 2024 for $400,000

2/38-40 Lake Road
Port Macquarie NSW 2444

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 1742m2
Sold By
Percival Property Port Macquarie
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Property Details for 2/38-40 Lake Rd, Port Macquarie

2/38-40 Lake Rd, Port Macquarie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1981. The property has a land size of 1742m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Port Macquarie in the last 12 months.

Building Type
Unit
Year Built
1981
Floor Size
98m2
Land Size
1742m2
Local Government
Port Macquarie-Hastings
Lot/Plan
2/SP16616

Last Listing description (May 2024)

Bordering the vibrant heart of Port Macquarie's CBD, is an entry level opportunity to enter the property market, or acquire a well placed investment.

Walking distance from the rhythm of its beaches and riverfront, stands a villa with excellent proximity to the CBD, cultural centre, entertainment venues, and retail delights.

A stylishly renovated home, it offers combined lounge/dining, and two bedrooms with built-ins. Ceiling fans throughout provide seasonal comfort.

A haven of tranquility, the interior reveals a contemporary kitchen adorned with glass splashback and stone countertops Plantation shutters bestow a touch of sophistication, while the renovated bathroom with laundry facility has been stylishly updated. A stand alone laundry is also located within the complex.

An exterior deck with awning provides the perfect place to enjoy a cup of quiet contemplation during the day, or cool of the evening.

A secure lock-up garage will appeal to discerning buyers and investors alike.

Perfectly curated for modern living and a turnkey lifestyle, the allure of easy living will appeal.

Both the Munster Street Shopping Village, and Coles Supermarket are within a 10 minute walk from your door, and the beach and river waterfronts are three minutes by car should you prefer to drive.

Indulge in the luxury of urban convenience and secure your piece of Port Macquarie's coveted lifestyle!

Property History for 2/38-40 Lake Rd, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$400,000
08 Mar 2024
Listed for Rent
$480/w
16 Nov 2023
  • 08 Mar 2024
    Sold for $400,000
  • 02 Jan 2024
    Listed for Rent $440 / week
  • 11 Oct 2023
    Listed for Sale Price Guide $460,000 to $500,000
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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 145 properties listed for sale, and 100 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1139 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.