4 Norfolk AvenuePort Macquarie NSW 2444
Property Details for 4 Norfolk Ave, Port Macquarie
4 Norfolk Ave, Port Macquarie is a 8 bedroom, 4 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 556m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 8 bedroom House sold in Port Macquarie in the last 12 months.
Last Listing description (October 2024)
This has been a long term investment hold for our owner and for the first time in nearly 24 years has decided to go to market so other investment avenues can be pursued. This decision has not been made lightly but is now committed to the cause.
Located in a nice quiet East Port street and within 1.2km of 3 of our land mark beaches, this complex will provide the new owner with a long term income stream and to capitalise on growth over time. Renovate up as the tenancies come due and increase your income.
Each unit features 2 bedrooms, 1 bathroom and balconies to allow tenants to enjoy some outside living. The building is brick and tile, provides easy care of grounds and would suit a SMSF & other investors looking for that income generation. 1 garage and 2 carports are also available for tenant use. This is seriously good buying at this level so do not hesitate in seeking details and secure for your long term hold.
For further details call Greg now on 0411 440707
Rates - $4,100pa
Block size: 556sqm
Property History for 4 Norfolk Ave, Port Macquarie, NSW 2444
- 02 Sep 2024Sold for $1,370,000
- 07 May 2024Listed for Sale $1,395,000
- 02 Jun 2020Listed for Rent - Price not available
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0About 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 28,648 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.
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