80 Commodore Cres, Port Macquarie NSW 2444

Waterfront rarity | 937sqm land | 5-bed luxury | 60+ demographic | 11% clearance rate This property commands a strong buying case through its waterfront positioning on a substantial 937sqm parcel, a configuration rarely available in Port Macquarie. The five-bedroom layout with two bathrooms and dual parking serves families or downsizers seeking single-level luxury living, supported by air conditioning, a fully equipped kitchen, and outdoor patio. Its estimated value at $2.39 million positions it well above the local median for five-bed homes, reflecting genuine scarcity rather than inflated pricing. The 85% owner-occupier ratio in the suburb signals stable demand, and the property suits buyers prioritising lifestyle amenity over investment turnover. However, the 11% auction clearance rate in the area suggests limited buyer competition, which may present a negotiating opportunity for a determined purchaser. The 60+ average age demographic implies lower future resale velocity, and the property’s last sale in 2020 means current pricing may not fully reflect recent market shifts. The 148 properties on Commodore Crescent with nine recent sales indicate moderate street-level activity. Buyers should verify the property’s condition since its last sale and consider that the luxury segment may take longer to sell in a slower market.