SOLD
Sold on 27 Sep 2023 for $500,000

2 Boundary Street
Port Macquarie NSW 2444

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 128200m2
Sold By
Ron Fischer
First National Patterson
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Property Details for 2 Boundary St, Port Macquarie

Building Type
Rural
Land Size
128200m2
Local Government
Port Macquarie-Hastings
Lot/Plan
2/DP442098

Last Listing description (September 2023)

Here on offer is approximately 13ha (32 acres) of land, the current zoning is rural (RU1).
Land banking this block now would take advantage of any future rezoning possibilities, (subject to Council approval).
The block has some 20 acres of usable land in this unique site adjoining council-owned Business Park Development, close to Newmans College and a short distance (3kms) to Port Macquarie CBD.

It is an opportunity to get such a large parcel of land in such a prime position, now offered after being held for nearly 50 years by the current owners.
The land is part of the Airport Precinct Investigation Area, identified for future rezoning/development.

* 20-plus acres of usable land
* Close to Port Macquarie Airport
* Short distance to CBD (3km)
* Adjacent to council-owned Business Park
* Large block, prime position

Council Rates: $1,752 pa
Land Size: 12.82 ha

IDENTIFICATION REQUIRED FOR ENTRY TO ALL OPEN FOR INSPECTIONS

Property History for 2 Boundary St, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$500,000
27 Sep 2023
  • 27 Sep 2023
    Sold for $500,000
  • 04 Sep 2023
    Listed for Sale Contact Agent
  • 10 Dec 2020
    Listed for Sale $990,000
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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 28,754 properties. Over the last 5 years, Houses in Port Macquarie have seen a 55.00% increase in median value, while Units have seen a 50.15% increase. As at 31 July 2024:

  • The median value for Houses in Port Macquarie is $880,972 while the median value for Units is $576,574.
  • Houses have a median rent of $620 while Units have a median rent of $470.
There are currently 146 properties listed for sale, and 105 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1172 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.