3/22 Burrawan Street, Port Macquarie NSW 2444
3/22 Burrawan Street, Port Macquarie NSW 2444
2 bed coastal unit | water views from a low-rise pocket | strata holding on a large site | downsizer and investor demand
What is competitively strong here is the combination of genuine water views with a practical 73 square metre floorplan, which is relatively rare in the mid-range unit market. The property sits in a low-rise coastal pocket where medium-density stock is the norm, meaning the outlook is less likely to be built out compared to higher-density corridors. The large 1,001 square metre site suggests a well-established strata scheme with shared open space, which can offer a more settled living environment than newer, denser complexes. This unit suits downsizers wanting a manageable home with a view, or investors seeking a low-maintenance holding in a serviced coastal location.
The strata levy of just over one thousand dollars per quarter is moderate and should be weighed against the building’s age and any upcoming capital works fund requirements. The absence of confirmed floor level and construction year means the buyer should verify natural light quality and structural condition during inspection. Council rates around two thousand dollars per annum are reasonable for a coastal position. The property’s value may be influenced by how direct the water views are from the living areas, and whether any neighbouring sites could introduce future overshadowing or obstruction.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/22 Burrawan Street, Port Macquarie NSW 2444
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
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
1001m²
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