Superb Duplex Located In Port Macquarie With A Great Rental Return!
Port Macquarie New South Wales
Port Macquarie is located on the Mid North Coast of NSW, boasting 17 gorgeous beaches, a lush hinterland, a diverse variety of attractions and to top it off, one of the best year-round climates and a busy events calendar. It is no wonder this is one of Australia’s most popular lifestyle destinations.
This thriving city has a large and rapidly expanding Airport, 30 private and public Schools, 3 Universities, 2 Trade Schools, a TAFE, 3 major Hospitals, large shopping centres along with a strong arts and foodie culture. The recipe for success in property investment usually involves a combination of some of the following fundamentals: high population growth, large local infrastructure spending, high job creation, lifestyle, affordability, and low supply to demand. You don’t always need all of these factors in play, but let’s have a look at where they sit in Port Macquarie.
Port Macquarie is expected to be the fastest growing region in New South Wales in the coming decade. The city is expected to grow from an estimated 43,655 people in 2009 to 58,888 in 2027 with the wider region predicted to grow from 82,000 to 104,000 by 2036.The wave of new buyers immigrating to Port Macquarie should continue to surge, but accelerate in coming decades. Drawn to its ideal climate and coastal lifestyle are baby boomers, people fleeing the busy and expensive capital cities of Sydney, Melbourne, Brisbane and the Gold Coast, E-changers and ex-farmers or inland residents trying to escape drought or hot and dry summers. While the tsunami of baby boomers may end within ten years, the rest of these demographics have many decades to run.
With beautiful beaches, vast areas of state forest and national parks, lakes, mountain ranges and wineries, the Port Macquarie region is an enviable lifestyle location. Travel expert Wotif has named Port Macquarie as one of the top 10 Australian locations for families to visit because of its beaches, facilities and affordability. Complementing the water-side lifestyle is a 110-berth Marina with a retail complex and restaurants.
So if you are interested in this great property then contact Chris on 0434 449 455 for more information or drop us an enquiry Down below.