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Sold on 06 Feb 2024 for $545,000

8/12 Fernhill Road
Port Macquarie NSW 2444

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
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Property Details for 8/12 Fernhill Rd, Port Macquarie

8/12 Fernhill Rd, Port Macquarie is a 2 bedroom, 1 bathroom Villa with 1 parking spaces. The property has a floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Villa sold in Port Macquarie in the last 12 months.

Building Type
Villa
Floor Size
90m2
Local Government
Port Macquarie-Hastings
Lot/Plan
8/SP89376

Last Listing description (February 2024)

Nestled in a quiet corner of Port Macquarie's bustling city, this 2 bed, 1 bath, 1 car unit is a visionary investor's dream. Step into a world of contemporary comfort where every detail has been meticulously designed for both style and functionality.

Freshly adorned with brand-new appliances, this unit offers a seamless blend of form and function. The open plan living space is adorned with exquisite wood look flooring, not only adding a touch of elegance but also ensuring durability against the tests of time and wear.

Greet the day with the warm embrace of the north-facing balcony, where the sun spills in to illuminate your mornings. In the evening, retreat to the fully fenced backyard – a private sanctuary featuring a lush low-maintenance lawn.

For the discerning investor, this unit promises not only a comfortable living space but also a substantial rental yield. The layout and design are optimized for maximum returns, making it an astute addition to any portfolio.

Don't just invest in a property, invest in a lifestyle where every detail is crafted with your peace of mind in mind. Seize this opportunity to own a unit that embodies the perfect blend of style, functionality, and investment potential. Your future awaits in this meticulously curated space.

- Great Investment Property
- Modern Design, New Appliances
- Durable Wood Look Flooring
- Sunny Balcony & Fenced Yard
- Effortless Maintenance

Property Details:
Council Rates: $2,350pa approx.
Strata Rates: $486.11pq approx.
Current Rent: $470pw
In Lease Until: 10th February 2024

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 8/12 Fernhill Rd, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$545,000
06 Feb 2024
Listed for Rent
$470/w
12 Aug 2021
  • 06 Feb 2024
    Sold for $545,000
  • 26 Oct 2023
    Listed for Sale Price Guide $550,000 - $590,000
  • 30 Jul 2021
    Listed for Rent $470 / 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 28,751 properties. Over the last 5 years, Houses in Port Macquarie have seen a 55.13% increase in median value, while Units have seen a 52.80% increase. As at 31 August 2024:

  • The median value for Houses in Port Macquarie is $880,215 while the median value for Units is $587,617.
  • Houses have a median rent of $620 while Units have a median rent of $475.
There are currently 141 properties listed for sale, and 95 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1194 properties were sold in the past 12 months in Port macquarie.

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James Charnock
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Elders Real Estate Port Macquarie
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