303B/59 Clarence Street, Port Macquarie NSW 2444
303B/59 Clarence Street, Port Macquarie NSW 2444
Top-floor north-east corner apartment with three bedrooms, two bathrooms, two secure car spaces, lift access, air conditioning, and 88 square metres of unit land. It overlooks the Hastings River and Town Green, with strata fees of 10,172 per year and council rates of 1,900 per year.
This property is positioned in a tightly held high-end complex that is regarded as one of the more desirable addresses in Port Macquarie. The combination of a top-floor corner aspect, river and ocean views, and two car spaces is uncommon in the local apartment market. It is best suited to buyers seeking a low-maintenance coastal lifestyle with strong security and proximity to the town centre and waterfront. The high proportion of long-term owners in the area reinforces the stability of the neighbourhood, and the unit itself is presented in immaculate condition.
The strata fees may be considered high relative to other units in the suburb, which could factor into ongoing holding costs. The price guide appears lower than what comparable configurations within the same complex have been valued at, so a buyer might explore whether this reflects current market conditions or an opportunity. The lack of recent trade data for this specific unit means the final price should be benchmarked carefully against actual sales in the building.
Detailed Independent Property Report prepared by PropCred Analyst team for 303B/59 Clarence Street, Port Macquarie NSW 2444
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
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
3
Bathroom
2
Parking
2
Land
88m²
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