48 Owen Street, Port Macquarie, NSW 2444 | House for sale | OnTheHouse
 
FOR SALE
$965,000

48 Owen Street
Port Macquarie NSW 2444

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 613m2
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One title, two incomes, zero time to wait - this one will move fast!

When income, growth, and location align, serious investors act quickly. Opportunities like this are rarely released in Eastport - and when they are, they don't last. This dual-income property offers two residences on one title, reliable long-term tenants already in place, and a tightly held coastal position that continues to see fierce demand.
Set on a 615m² block in a quiet, tree-lined street, the property enjoys a strong street presence and a deep, level parcel with wide frontage and generous side access. The sunny north-to-rear yard provides exciting scope for future redevelopment (STCA) or a secure long-term investment with strong returns.
Two solid older-style dwellings occupy the site, each with 10-foot ceilings and great internal space.
The front residence includes two bedrooms (or two plus separate lounge), a sunroom, kitchen, bathroom, and laundry.
The rear dwelling offers two bedrooms, kitchen, bathroom, and laundry.
Both homes are well maintained and leased to dependable tenants - including one who has resided here for 17 years - ensuring instant income and no vacancy downtime.
With beaches, cafés, shops, and the CBD all just a short walk away - plus a convenience store right across the road - the lifestyle and location appeal only strengthen the long-term value of this rare holding.
Eastport remains one of Port Macquarie's most tightly contested markets. Dual-income opportunities on a single title are exceptionally limited. The motivated seller is inviting genuine offers now - delay and you will miss it.
• One title, dual income - strong returns from day one
• 1 Ã- BR unit plus sunroom & 1 Ã- 2BR unit, both with 10 ft ceilings
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Property Details for 48 Owen St, Port Macquarie

48 Owen St, Port Macquarie is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 613m2. The place is currently for sale with Ray White Port Macquarie.

Building Type
House
Land Size
613m2
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About Port Macquarie 2444

The size of Port Macquarie is approximately 54.2 square kilometres. It has 61 parks covering nearly 17.2% of total area. The population of Port Macquarie in 2016 was 44830 people. By 2021 the population was 47693 showing a population growth of 6.4% in the area during that time. The predominant age group in Port Macquarie is 60-69 years. Households in Port Macquarie are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Port Macquarie work in a professional occupation.In 2021, 63.70% of the homes in Port Macquarie were owner-occupied compared with 64.00% in 2016.

Port Macquarie has 28,977 properties. Over the last 5 years, Houses in Port Macquarie have seen a 48.67% increase in median value, while Units have seen a 53.42% increase. As at 30 November 2025:

  • The median value for Houses in Port Macquarie is $939,608 while the median value for Units is $632,094.
  • Houses have a median rent of $650 while Units have a median rent of $510.
There are currently 176 properties listed for sale, and 99 properties listed for rent in Port macquarie on OnTheHouse. According to Cotality's data, 1199 properties were sold in the past 12 months in Port macquarie.

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Lance Dekker
Ray White Port Macquarie
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