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Sold on 24 Oct 2024 for $850,000

2A Dryandra Place
Port Macquarie NSW 2444

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 271m2
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Property Details for 2a Dryandra Pl, Port Macquarie

2a Dryandra Pl, Port Macquarie is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 271m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Port Macquarie in the last 12 months.

Building Type
House
Year Built
2016
Floor Size
107m2
Land Size
271m2
Local Government
Port Macquarie-Hastings
Lot/Plan
2/DP1218958

Last Listing description (November 2024)

Vaunting a dual income, this excellent investment opportunity is Torrens titled & positioned in one of the most convenient locations at Banksia Grove Estate. Close to the CBD & industrial areas of Port Macquarie along with beaches all within a 5 minute drive, it is a desirable area indeed.
The property also lends itself to extended family style situations or multi-generational living.

Both the 2 & 3 bedroom residences offer quality finishes with ceiling fans & built in robes throughout.

The lower unit comes complete with a spa. Split system AC in both residences provide heating & cooling all year round. Low maintenance block - Located in a majority owner occupied estate adds appeal.

Residence 1 on the top floor is leased at & $550 p/w & Residence 2 is leased at $450 p/w. Combined annual income of $52,000 or a 5.6% gross yield. With high interest rates this is the perfect opportunity to secure a high cash flow property for the savvy investor with plenty of scope for future growth in the ever-popular region of Port Macquarie. Tenants wanting to stay on long term

- High yielding asset in a growing location
- Internal laundries
- Open plan living, kitchen and dining
- Each residence has an outdoor deck or alfresco
- Split Ac is both residences
- Low maintenance block
- Tiled flooring in living areas

Property Details:
Council Rates: $3,300 pa approx.
Land Size: 271 sqm
Current Rent Per Week : $450 per week & $550.00 per week

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.

Property History for 2a Dryandra Pl, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$850,000
24 Oct 2024
Listed for Rent
$450/w
28 Sep 2023
  • 24 Oct 2024
    Sold for $850,000
  • 12 Jun 2024
    Listed for Sale $879,000-$899,000
  • 23 Aug 2023
    Listed for Rent $450 / week
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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 28,657 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 109 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1159 properties were sold in the past 12 months in Port macquarie.

Suburb Insights for Port Macquarie 2444

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Elders Real Estate Port Macquarie
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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.