Spring has sprung and is traditionally known as the selling season for Real Estate. During this time of year we see more properties come onto the market so you will have more choice if you are wanting to buy, and pricing now being steady and back to normal market conditions will help many people buy this time of year.
The pandemic is now over, and the demand for houses and units in Port Macquarie and surrounding areas is rising.
The Mid-Coast NSW real estate market is one of the most desirable places to live in rural NSW, being voted by the CSIRO as having the best climate in Australia due to it’s mild temperatures, low humidity and sunny weather. This region is an excellent investment for families or retirees looking for new beginnings.
In conclusion, the real estate market on the mid north coast of New South Wales is doing well, with strong demand for properties in coastal towns, particularly for houses.
The turnover of properties has remained steady, and there is a trend towards more sustainable and energy-efficient homes, as well as modern coastal design. With an increase in the number of properties expected to become available in Spring, the market is likely to become more balanced, providing opportunities for both buyers and sellers.