5/2 Mort Street, Port Macquarie, NSW 2444 | Property Value & History | OnTheHouse
OFF MARKET

5/2 Mort Street
Port Macquarie NSW 2444

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 567m2
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Property Details for 5/2 Mort St, Port Macquarie

5/2 Mort St, Port Macquarie is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 567m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1975
Floor Size
55m2
Land Size
567m2
Local Government
Port Macquarie-Hastings
Lot/Plan
5/SP73769

Last Listing description (November 2024)

A perfect opportunity to enter the property market with this conveniently located apartment on the western fringe of town, nicely positioned between the CBD and the university at Innes Lake. Situated on the top floor of a small block of just 5 apartments, this property offers convenience plus.

Featuring two bedrooms, each with built-in robes, and a separate toilet, this apartment ticks a few boxes. The sizeable lounge area provides a good space for the residents of the apartment.

With a reliable tenant in place for over 15 years, this property is an ideal option for savvy investors seeking a steady rental income stream. Alternatively, it presents an excellent opportunity for first home buyers to enter the market at a fantastic price.

Convenience is key with this property, as it is within walking distance to supermarkets, clubs, cafes, and other amenities. Plus, it offers a parking space for added convenience and peace of mind.

Neat and tidy throughout, this apartment is ready for you to move in or rent out immediately. Don't miss out on this fantastic opportunity to secure a foothold in the property market.

- Affordable unit, block of just 5
- Positioned well between CBD and university
- Neat and tidy, in good order
- Offers further potential for updating
- Moments to supermarket, club, river walk
- Sizable lounge, 2 bedrooms with built-ins
- Provides off street car space
- Suit both investors and first home buyers
- Same tenant in place for 15 years plus

Property Details:
Council Rates: $2,067 pa approx.
Strata Fees: $908.50 pq approx.
Rental Potential: $350 - $375 per week

DISCLAIMER: The information contained in the advertising of this property is based on information provided to the agents, and the vendor and agents expressly disclaim any liability arising therefrom. The accuracy of the information cannot be guaranteed, and prospective purchasers should make their own enquiries and form their own judgement as to these matters.

Property History for 5/2 Mort St, Port Macquarie, NSW 2444

A timeline of how this property has performed in the market
Last Sold
$370,000
28 Aug 2024
  • 28 Aug 2024
    Sold for $370,000
  • 27 Mar 2024
    Listed for Sale $365,000 - $375,000
  • 26 Jun 2023
    Listed for Sale Not Disclosed
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About Port Macquarie 2444

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 29,147 properties. Over the last 5 years, Houses in Port Macquarie have seen a 21.90% increase in median value, while Units have seen a 28.30% increase. As at 31 July 2026:

  • The median value for Houses in Port Macquarie is $952,889 while the median value for Units is $650,401.
  • Houses have a median rent of $690 while Units have a median rent of $530.
There are currently 183 properties listed for sale, and 100 properties listed for rent in Port macquarie on OnTheHouse. According to Cotality's data, 1249 properties were sold in the past 12 months in Port macquarie.

Suburb Insights for Port Macquarie 2444

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.