63/4 Highfields Circuit, Port Macquarie, NSW, 2444

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63/4 Highfields Circuit, Port Macquarie NSW 2444

$350,000 - $370,000

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$350k - $368k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bed 1 Bath 1 Car

Listed: 59 days ago

Updated: 35 days ago

Overview

This spacious one-bedroom apartment at 63/4 Highfields Circuit, Port Macquarie, offers a modern, low-maintenance lifestyle within a highly sought-after, secure gated complex. Its generous proportions and thoughtful design create a comfortable living environment suited to a variety of buyers, including investors, first home buyers, and downsizers.

The property benefits from a contemporary kitchen equipped with practical appliances such as a dishwasher and electric cooktop and oven, promoting efficient meal preparation. An open-plan living and dining area with air-conditioning and a ceiling fan ensures year-round comfort, enhancing everyday living.

Storage solutions have been cleverly integrated throughout the apartment, helping residents maintain an organised and clutter-free home. Additionally, a dedicated study nook provides an ideal space for remote work or study, reflecting modern lifestyle needs.

Natural light floods the living area, which opens onto a generous balcony. This inviting outdoor space is perfectly suited for relaxation, entertaining guests, or enjoying a morning coffee in a tranquil setting.

Located on the top level with lift access, the apartment affords convenience and privacy. Its designated car space within the secure complex adds to ease of living and peace of mind for residents.

Currently leased at $490 per week, the property generates an annual gross rental income of approx. $25,480, translating to an estimated gross rental yield of around 7.08% based on a purchase price near $360,000, making it a compelling investment opportunity.

This apartment is well positioned close to major amenities such as the hospital and teaching universities, benefitting those working or studying nearby. Overall, it represents a practical and appealing choice for a variety of property buyers seeking a secure, comfortable, and convenient residence in Port Macquarie.

Local Market Insights

In Port Macquarie, Quiet Listings observed 6 new apartments entering the market over the last 30 days, down from 14 during the previous 30-day period, with an average advertised asking price of $1,040,833. The property type mix of listed properties is predominantly Houses at 60%, followed by units (12%), and villas (9%). The most active agency for apartments in the Port Macquarie area is currently HEM Real Estate, representing 50% of new listings, followed by McGrath Estate Agents with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.