Port Macquarie is a large suburb in New South Wales within the Port Macquarie-Hastings local government area (postcode 2444). With a population of 47,693, the suburb has a mature demographic with a median age of 48. Households earn a median income of $67K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Port Macquarie is $919,000, having increased 3.3% over the past year. Units have a median price of $643,000 (+6.2% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,751.
Port Macquarie is served by 19 schools, including 9 primary, 5 secondary, 4 combined, 1 special. The average ICSEA score is 1003, which is around the national average of 1,000. Public transport access includes 1 ferry wharf, 305 bus stops. Healthcare facilities include 1 public and 2 private hospitals. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Port Macquarie offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($919K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.8x is considered stretched. House prices have moved +3.3% year-on-year.
Port Macquarie is a large suburb in New South Wales within the Port Macquarie-Hastings local government area (postcode 2444). With a population of 47,693, the suburb has a mature demographic with a median age of 48. Households earn a median income of $67K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Port Macquarie is $919,000, having increased 3.3% over the past year. Units have a median price of $643,000 (+6.2% YoY). The current median weekly rent is $595. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,751.
Port Macquarie is served by 19 schools, including 9 primary, 5 secondary, 4 combined, 1 special. The average ICSEA score is 1003, which is around the national average of 1,000. Public transport access includes 1 ferry wharf, 305 bus stops. Healthcare facilities include 1 public and 2 private hospitals. The crime rate in the Port Macquarie-Hastings LGA is below average at 3,538 incidents per 100,000 population.
From an investment perspective, Port Macquarie offers a gross rental yield of 3.4%, rated as moderate yield. Property prices sit below the state median ($919K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 13.8x is considered stretched. House prices have moved +3.3% year-on-year.