104 Bay Street, Port Macquarie NSW 2444

104 Bay Street, Port Macquarie NSW 2444
3-bed house with large central block | strong rental yield | near Settlement City | value-add potential | suits owner-occupiers and investors The property is positioned on a significantly larger land parcel than is typical for its central suburb, giving it a scarcity advantage. Its location near the retail core is considered highly convenient, and the rental yield is regarded as strong for the area. This house is best suited to buyers who prioritize land and location over modern internal specifications, including owner-occupiers seeking space and investors looking for a solid rental base. The smaller internal area and single bathroom may be viewed as constraints by some buyers, potentially affecting marketability. The condition of the building might require renovation, which could influence the final price. Buyers should weigh these factors against the land value and location when forming a view on price.
Detailed Independent Property Report prepared  by PropCred Analyst team for 104 Bay Street, Port Macquarie NSW 2444
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✓
Income Risk ✕ 2
Execution Risk ! 1
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Market Insight

Port Macquarie’s housing market demonstrates robust demand, with houses experiencing sustained price growth and selling briskly, while the unit market offers more stable entry points with stronger rental yields. This coastal market is driven by steady buyer activity for houses and solid investor interest in rental units, indicating a balanced appeal for both owner-occupiers and investors. The consistent sales volume and moderate growth trajectory suggest a resilient market, though the divergence in performance between houses and units highlights a segment-specific dynamic. Future prospects are underpinned by this sustained demand, with the primary constraint being the relative affordability gap between the two property types.
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PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

641m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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