Rude Shock: Australia’s Most Desirable Locations Shift
The real estate catch-cry of “location, location, location” may soon be replaced by “lifestyle, lifestyle, lifestyle”.
It took a global pandemic for many Australians to take stock of their lives and realise the worth of an ideal work/lifestyle balance or retirement plan in a location they could enjoy all-year round.
And to achieve those goals, they’re looking outside the box.
NSW regional areas have become the centre of attention and stack up well when considering your next investment properties.
Port Macquarie on the New South Wales Mid-North Coast is one town that ticks all the boxes. Yet this beautiful coastal locale remains one of the most underestimated areas in the national property market.
Seachange or tree change, it offers the best of both worlds with 17 world-class beaches dotted throughout the majestic coastline as well as lush rainforest areas.
You don’t need to be California dreaming to find seaside or hinterland bliss and an affordable lifestyle you’ve always yearned for.
Port Macquarie is, in fact, the state’s fastest-growing regional centre – a work, rest and play hotspot with a bustling economy, first-class amenities and strong growth potential for jobs and business opportunities.
Lying at the mouth of the Hastings River, a mild climate and friendly locals (including the highest koala population on the east coast) have gone a long way to ensuring the town remains one of Australia’s most popular holiday destinations for families, couples, surfers and anglers.
Residents feel like they’re always on holidays as they make the most of their downtime – celebrating life in and out of the water, meeting friends, family and colleagues at trendy cafes and award-winning fine-dining restaurants, hiking and camping, visiting attractions including the Billabong Zoo or browsing new-season fashion and homewares at coastal lifestyle shops and boutiques.
Unprecedented growth has followed recent major projects, including a new airport terminal, private and public hospital upgrades, and improved medical and aged-care facilities with a large range of specialists available.
Families are also enjoying the benefits of three tertiary campuses – University of New South Wales, Charles Sturt University and Newcastle University, plus the Mid North Coast TAFE and Newman College Trade Training Centre.
Short commute to Sydney sees popularity skyrocket
Sydney is a 45-minute flight or a four-hour/390 km drive away to the south, following the $1billion Pacific Highway upgrade.
No wonder Port Macquarie lays claim to being the internet’s most-browsed non-metropolitan postcode in the state.
And new estates such as Ascot Park, with its larger-than-average homesites – bordered on three sides by tall tallowwoods and native eucalypts – are fast becoming the area’s most desirable locations for homeowners and investors.
Ascot Park has some of Port Macquarie’s best residential building blocks: private and peaceful, but only six minutes from the town centre (along Oxley Highway, then left into Philip Charley Drive) and employment hubs.
The carefully planned estate boasts walking pathways and cycle tracks, playgrounds and rolling parklands. Many blocks have no rear neighbours.
Close by are Innes Lake Shopping Centre, St Columba School, the new Charles Sturt University and Port Macquarie Base Hospital.
Like to learn more?
Invest Approved can help you find the right property to maximise returns, growth, and depreciation benefits in regional areas such as Port Macquarie. Click here to request no obligation, free sample property pack and learn how an Invest Approved certify property in Port Macquarie could add wealth to your property portfolio.