Port Macquarie - New South Wales
Port Macquarie, a picturesque and historic city on the Hastings River in New South Wales, is set to expand on its status as a tourism destination, education hub and retirement haven.
The town is being boosted by an increase in spending on infrastructure, including upgrades to the Port Macquarie Base Hospital and to the Pacific Highway.
With growth in sectors such as healthcare, education and construction, Port Macquarie is no longer a seasonal economy solely reliant on tourism.
A recent influx of contractors working on the Pacific Highway upgrade, the university and other construction projects has increased rental demand and reduced vacancy rates. There was a significant uplift in residential market activity between 2014 and 2017, leading to strong price growth in the past couple of years.
This report covers Bonny Hills, Lake Cathie, Laurieton, North Haven, Port Macquarie and Wauchope.