19 Farrer Parade, Port Macquarie NSW 2444
19 Farrer Parade, Port Macquarie NSW 2444
5-bed family house | 575m² block | strong coastal demand | larger-than-average layout | family-oriented suburb
A five-bedroom, three-bathroom house on 575 square metres is understood as a rare configuration in Port Macquarie’s current residential mix. This property is positioned to serve larger households, intergenerational living, or buyers who require dedicated home-office and guest rooms. The mid-sized block is placed between compact modern lots and larger acreage, offering practical family use without excessive upkeep. In a suburb where the typical detached house tends toward three or four bedrooms, this home is seen as a high-capacity family option. It is best suited to owner-occupiers seeking long-term family accommodation, particularly those drawn to the coast and the active regional centre. The configuration alone provides a competitive edge in a market that has limited large family homes.
Value may be influenced by the exact condition of the interior and any recent updates, as the current presentation is understood to determine how readily buyers connect with the space. The land size and layout might also be considered price factors, given that 575 square metres offers room for outdoor additions or future alterations, subject to council approval. Market sentiment in the suburb may shift with interest rates and inventory levels, so these factors should be weighed when a view on price is formed.
>> Comparable Sales: 4/19 Cross Street (unit, 2014) $263k | Property Price Band: $900k-$1M | Value Drivers: 5-bed layout, 575m² land, family-sized spaces
Detailed Independent Property Report prepared by PropCred Analyst team for 19 Farrer Parade, Port Macquarie NSW 2444
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
1
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Market Insight
Port Macquarie presents a two-speed market: houses are firmly in growth mode, with median prices between $869,466 and $921,500 and annual appreciation of 4.65–7.1%, while units have stalled at $600,000–$618,000 with 0–3% growth. Houses trade quickly-31–34 days on market-and weekly rents for houses reach $650–$660, against $495–$520 for units. Gross rental yields favour units at 4.37–4.4% versus 3.8–3.96% for houses, indicating stronger rental demand in that segment. Annual house sales volumes vary from 207 to 743, but consistent activity confirms durable demand. Sustained housing demand is the key forward driver.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
578m²
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