2/46 Burrawan Street, Port Macquarie NSW 2444
2/46 Burrawan Street, Port Macquarie NSW 2444
This is a north-facing two-bedroom one-bathroom apartment with one car space, set on a shared 810 square metre lot in a low-rise strata complex. It is positioned in a beachside pocket of Port Macquarie, close to schools shops and transport. The configuration is compact but functional, with built-in wardrobes in both bedrooms and an orientation that captures good daylight throughout the day.
What is competitively strong here is the north-facing aspect, which is genuinely sought after in coastal apartments and not always easy to find in this price band. The location is the real draw—beachside, walkable to amenity, and within a quiet low-rise complex that suits buyers looking for lifestyle over land. This property sits comfortably as entry-level beachside stock, best suited to first-home buyers, investors targeting rental demand, or retirees downsizing from a house. It is not a standout in size or finish, but its orientation and position give it an edge over similar units in the suburb that face east or west.
Factors that may influence value include the compact layout—two bedrooms and one bathroom limits appeal for families and may narrow the buyer pool over time. Strata levies add an ongoing cost that should be weighed against the property’s rental yield potential, which is likely to sit in the 3.5 to 4.5 percent range given current demand. The shared lot means no private outdoor space, which could be a constraint for some buyers. The property is not positioned in a high-growth corridor, so capital growth may track more with lifestyle demand than broader market momentum. These are considerations, not warnings, but they shape how the property should be priced relative to its strengths.
Detailed Independent Property Report prepared by PropCred Analyst team for 2/46 Burrawan Street, Port Macquarie NSW 2444
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
2
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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
2
Bathroom
1
Parking
1
Land
810m²
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