When it comes to property investment, many Australians think of big cities like Sydney and Melbourne.
But here’s a secret that’s not so secret anymore: regional hotspots like Port Macquarie and Orange are stealing the show.
These charming towns offer not just lifestyle perks but also solid investment opportunities that might make your spreadsheet smile.
Let’s dive into why these NSW gems deserve a spot on your property radar.
Port Macquarie: More Than Just Stunning Beaches
Port Macquarie isn’t just a postcard-perfect coastal town—it’s a thriving community with plenty to offer property investors. The local property market has shown steady growth, with median house prices climbing to around $820,000 in 2024, up 5% from the previous year. Units aren’t far behind, boasting a 7% increase and a median value of $592,500.
Why invest here? Rental yields are attractive, sitting at 3.9% for houses and 4.25% for units.
Plus, the town’s popularity among retirees and holidaymakers ensures consistent demand for both long-term rentals and short-term holiday homes.
Did I mention the beaches? Because who wouldn’t want a slice of paradise as part of their portfolio?
Orange: A Cultural and Economic Powerhouse
Orange might be known for its cool-climate wines and foodie scene, but it’s also gaining fame among property investors.
The town has experienced a 38.6% capital growth over the past five years, outpacing many other regional areas.
The median house price in Orange now sits around $630,000, while units average $504,500.
What’s driving this growth? Orange’s growing population, expanding job market, and improved infrastructure make it a magnet for families and professionals. With rental yields of 3.87% for houses and 4.12% for units, it’s hard to ignore the potential returns.
And with a vacancy rate of just 2%, it’s clear the rental market is thriving.
What Makes Regional NSW a Smart Investment?
- Affordability: Compared to Sydney, properties in these towns are a bargain. You can secure a quality investment without breaking the bank.
- Lifestyle Appeal: From scenic beaches to rolling vineyards, Port Macquarie and Orange offer lifestyle perks that cities simply can’t match.
- Infrastructure Growth: Improved transport links and local amenities make these towns more accessible and livable, driving demand for housing.
A Quick Reality Check
Investing in regional properties isn’t all sunshine and wine tours.
Research is key. Understand the local market, check council regulations, and evaluate long-term growth potential.
Remember, what looks like a golden opportunity might need a bit of polishing—or at least a second opinion from your favorite Valuer (yes, that’s me).
Regional NSW, with its thriving hubs like Port Macquarie and Orange, offers a refreshing alternative to the bustling metropolitan markets.
These towns combine lifestyle charm with promising investment returns, making them a win-win for savvy property buyers.
So, ready to trade the city skyline for rolling hills or ocean views?
Get to know me, I am known as a professional property valuer with a knack for cracking a joke while crunching numbers.
I promise I’ll keep the spreadsheets entertaining.
Till next time,
Belinda