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Port Macquarie suburb profile

Port Macquarie is a coastal regional centre on the Mid North Coast of New South Wales, sitting where the Hastings River meets the Pacific Ocean. The town pairs a lively riverfront and town centre with long surf beaches, coastal reserves and a scenic boardwalk at Sea Acres, so outdoor life is a strong draw for residents who surf, fish, kayak or bushwalk. Notable local landmarks include Tacking Point Lighthouse and the koala hospital, and the suburb offers a mix of weatherboard cottages, riverside homes and newer suburban estates that appeal to families, retirees and people seeking a sea change. Shops, cafes, medical services, a regional airport and the Pacific Highway keep the town well connected while preserving a relaxed coastal pace.

Port Macquarie property market performance

Current median dwelling price$770,000Past 3 months

Property growth+5.7%Past 12 months

The median house price is $910,000, up a solid 8.8% over the last 12 months. The median unit price is $630,000, up a modest 2.5% over the last 12 months, so house values have risen faster than unit values.

Over the last 3 months 172 houses and 72 units were sold. Houses had a median days on market of 30 over the last 12 months and units 37, so properties sold in a similar time.

The rental market in Port Macquarie recorded average house rents of $650 a week, up a slight 1.6% over the last 12 months. Unit rents averaged $500 a week, up a modest 4.2%, so unit rents grew more strongly.

HousesUnits
Median price
Past 3 months
$910K$630K
Change in value
Past 12 months
8.8%2.5%
Sold
Past 3 months
17272
Median days on market
Past 12 months
3037
Average rent
Past 12 months
$650$500
Change in rent
Past 12 months
1.6%4.2%

5 year median price trend for houses and units

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Port Macquarie demographics

A community of 47,693 people with a median age of 48. The median total household income is $1,282 a week, roughly $66,664 a year.

Family households are dominated by couple families without children, which make up 48.4% of families, while couple families with children account for 33.1%. Together those two couple family groups comprise 81.5% of all families. One-parent families represent 17.4% and other families 1.2%.

Homes in Port Macquarie are mostly owner-occupied: about two in three dwellings are owned either outright (41.3%) or with a mortgage (25.9%), and renters make up 32.8% of households.

Port Macquarie infrastructure, key developments and investment opportunities

Port Macquarie is seeing a number of public infrastructure and civic amenity projects. The NSW Government is delivering a major upgrade to Port Macquarie Base Hospital, a $265 million program that includes a new inpatient unit and an expanded emergency department and is seeking community input for an arts program for the hospital. Hastings Secondary College is being upgraded at the Port Macquarie campus with new TAS and CAPA buildings and a shared-use multi-sports facility in partnership with PCYC, with several buildings already handed over to the school. The Port Macquarie Koala Hospital has also been funded for a substantial redevelopment.

On transport and housing, the Port Macquarie Airport master plan has been finalised and staged works including a parallel taxiway and pavement rehabilitation are progressing. Transport for NSW is advancing a business case and design work for Oxley Highway corridor upgrades, including the Oxley/Pacific interchange and upgrades around Wrights Road and Lake Road. The Bicentennial Walkway foreshore upgrade has been completed in recent stages and council has supported an infill social and affordable housing project by waiving developer contributions to help deliver a 94-unit scheme at Grant and Gordon Streets.

Suburbs near Port Macquarie

Some popular suburbs near Port Macquarie include:

How does Port Macquarie compare to nearby suburbs?

  • Median house prices: Port Macquarie’s median house price is 2.0% higher than Crestwood’s.
  • Median unit prices: Port Macquarie’s median unit price is 80.0% higher than Crestwood’s.
  • House price growth: Over the past 12 months, house prices in Port Macquarie have grown 15.8% higher than in North Shore.
  • Unit price growth: Over the past 12 months, unit prices in Port Macquarie have grown 0.3% higher than in Crestwood.
  • Selling speed for houses: Properties in Port Macquarie are selling 80.8% faster than in North Shore.
  • Selling speed for units: Properties in Port Macquarie are selling 14.0% faster than in Crestwood.

Common questions about Port Macquarie

  • Is Port Macquarie a nice place to live?

    Port Macquarie is a coastal regional centre on the Mid North Coast where the Hastings River meets the Pacific Ocean. The town pairs a lively riverfront and town centre with long surf beaches, coastal reserves and a scenic boardwalk at Sea Acres, so outdoor life is a strong draw for people who surf, fish, kayak or bushwalk. Notable local landmarks include Tacking Point Lighthouse and the koala hospital, and shops, cafes, medical services, a regional airport and the Pacific Highway keep the town well connected while preserving a relaxed coastal pace.

    The community of 47,693 has a median age of 48 and a median household income of $1,282 a week ($66,664 a year). Homes are mostly owner-occupied—about two in three dwellings are owned outright (41.3%) or with a mortgage (25.9%) and renters make up 32.8%—and the housing mix of weatherboard cottages, riverside homes and newer suburban estates appeals to families, retirees and people seeking a sea change. Public investment is visible too, from a major hospital upgrade and school works to koala hospital redevelopment, airport and highway projects, foreshore upgrades and a council-supported social and affordable housing infill scheme.

    Down Pointer
  • Is it expensive to live in Port Macquarie?

    Rents in Port Macquarie would take a large share of a typical local household's weekly income at the last Census. A house rent of $650 a week is about 50.7% of the median household weekly income at the last Census ($1,282 a week), while a unit rent of $500 a week is about 39.0% of that income, a sizeable share for renters.

    Buying sits well above local incomes at the last Census: the median house price of $910,000 is about 13.7 times a typical local annual household income at the last Census (1282 × 52 = $66,664), and the median unit price of $630,000 is about 9.5 times that annual income. On these figures, buying is well above what a typical local household earned at the last Census, and renting would take a sizeable to large share of that income; whether that feels expensive depends on your own income and circumstances.

    Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

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  • Is Port Macquarie a good place to invest?

    Over the past 12 months in Port Macquarie, house values rose 8.8%, a solid increase, while house rents edged up 1.6%. On the house side, capital growth outpaced rental growth over the year.

    Units moved differently: unit values rose 2.5% (a modest increase) and unit rents rose 4.2% (a modest rise), so rental income for units grew faster than their capital value this year. If rental income is your priority, the unit rent movement is the most relevant figure; if capital growth matters more, the house value change is the clearer indicator. Whether that balance suits you depends on your goals and circumstances.

    This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

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Choose the right real estate agents in Port Macquarie

There are 91 real estate agents in Port Macquarie, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 26.1% of all sales in the past year.

Commission rates in Port Macquarie typically range from 2.63% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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