48 Owen St, Port Macquarie is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 613m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 5 bedroom House sold in Port Macquarie in the last 12 months.
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.
• One title, dual income - strong returns from day one
• 1 Ã- BR unit plus sunroom & 1 Ã- 2BR unit, both with 10 ft ceilings
• 615m² level, sunny block with wide frontage & side access
• Long-term tenants in place - secure income stream
• Securely fenced with rear storage/workshop
• Short level walk to Town Beach, cafés, shops & CBD
• Convenience store directly across the road
• Limited opportunity - motivated seller wants action
Rates $3,800pa
The size of Port Macquarie is approximately 54.2 square kilometres. There are 61 parks, covering nearly 17.2% of the 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 29,088 properties. Over the last 5 years, Houses in Port Macquarie have seen a 20.25% increase in median value, while Units have seen a 27.55% increase. As at 31 August 2026:
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