184 Pacific Drive, Port Macquarie NSW 2444

184 Pacific Drive, Port Macquarie NSW 2444
Large family home on 2213mΒ² bush block | Single-level five-bedroom layout | Solar, pool, multiple living zones | Close to surf beaches and schools. This property presents a rare offering for a buyer seeking substantial space and lifestyle in Port Macquarie. Its core strength is the combination of a large, single-level family home on a significant, elevated parcel of land, providing immediate utility and long-term flexibility. The five-bedroom layout with multiple living areas is competitively configured for a large or multi-generational family, with the pool and proximity to beaches cementing its lifestyle appeal. It serves a buyer prioritizing internal space and outdoor amenity over a central urban location. The primary decision point is the management of the bushfire overlay, which imposes specific construction costs and ongoing maintenance liabilities that directly impact insurance premiums and holding costs. The property’s value opportunity lies in its land bank potential, but this is tempered by the 19% building coverage which may limit subdivision scope. Acquire as a long-term family holding, not a short-term play. Our tailored report would pressure-test the current valuation against recent bushfire-affected sales, detail the council’s overlay requirements, and model the true cost of risk mitigation and insurance for this specific block. A nearby comparable at 182 Pacific Drive is noted as off-market, limiting immediate price validation. The property last sold for $1,100,000 in November 2020. Current estimates range from approximately $1,435,000 to $1,637,000. This suggests significant capital growth over the hold period, but the wide estimate range underscores the need for contemporary, like-for-like sales analysis to anchor your offer in this specific precinct.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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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

5

Bathroom

2

Parking

1

Land

2213mΒ²

Assessments Delivered Today

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