SOLD
Sold on 17 Jul 2024 for $1,500,000

9 The Summit Road
Port Macquarie NSW 2444

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 191m2
Land area: 1674m2
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Property Details for 9 The Summit Road, Port Macquarie

9 The Summit Road, Port Macquarie is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 1674m2 and floor size of 191m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Port Macquarie in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
191m2
Land Size
1674m2
Local Government
Port Macquarie-Hastings
Lot/Plan
264/DP236277

Last Listing description (October 2024)

Here is an exciting opportunity sure to spark the interest of a developer, builder, or investor who recognise huge potential when they see it.

Presenting a spacious 4-bedroom brick home nestled on 1673m2 in a prominent street within walking distance to vibrant cafes, local shops, Tacking Point Primary School, and stunning Lighthouse Beach.

Scope for future endeavours is made easy with the majority of the land at the rear, wide frontage, ample parking space, and convenient side access to a securely fenced backyard.

The residence is highly versatile in layout with a unique split level design, a fantastic family home and excellent avenue to generate a reliable source of income while strategizing your next move.

Endless possibilities await. To be sold on or before Auction Day, so don't delay!

- Development Potential (STCA)-4BR home on 1673m2
- Expansive street frontage and side access to rear
- Sunny north to rear aspect, fully fenced, prime street
- 10-minute stroll to beach, close to shops, cafes, school
- Investors note-rental potential approx. $700PW
- Two living areas, study, ensuite master, double garage
- Great opportunity, act now so you don't miss out!

Property History for 9 The Summit Road, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$1,500,000
17 Jul 2024
Listed for Rent
26 Mar 2024
  • 17 Jul 2024
    Sold for $1,500,000
  • 26 May 2024
    Listed for Sale Not Disclosed
  • 06 Nov 2021
    Sold for $1,345,000
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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 176 properties listed for sale, and 109 properties listed for rent in Port macquarie on OnTheHouse. According to CoreLogic's data, 1143 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.