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Back 48 Owen Street
Off Market

48 Owen Street

Port Macquarie NSW 2444

5
2
2
613 m²
House
Last sold for $915,000
Lance DekkerLance Dekker, last sold this property on 01 February 2026 after 110 days on market.

Overview

One title, two incomes, zero time to wait - this one will move fast!

When income, growth, and location align, serious investors act quickly. Opportunities like this are rarely released in Eastport - and when they are, they don't last. This dual-income property offers two residences on one title, reliable long-term tenants already in place, and a tightly held coastal position that continues to see fierce demand. Set on a 615m² block in a quiet, tree-lined street, the property enjoys a strong street presence and a deep, level parcel with wide frontage and generous side access. The sunny north-to-rear yard provides exciting scope for future redevelopment (STCA) or a secure long-term investment with strong returns. Two solid older-style dwellings occupy the site, each with 10-foot ceilings and great internal space. The front residence includes two bedrooms (or two plus separate lounge), a sunroom, kitchen, bathroom, and laundry. The rear dwelling offers two bedrooms, kitchen, bathroom, and laundry. Both homes are well maintained and leased to dependable tenants - including one who has resided here for 17 years - ensuring instant income and no vacancy downtime. With beaches, cafés, shops, and the CBD all just a short walk away - plus a convenience store right across the road - the lifestyle and location appeal only strengthen the long-term value of this rare holding. Eastport remains one of Port Macquarie's most tightly contested markets. Dual-income opportunities on a single title are exceptionally limited. The motivated seller is inviting genuine offers now - delay and you will miss it. • One title, dual income - strong returns from day one • 1 Ã- BR unit plus sunroom & 1 Ã- 2BR unit, both with 10 ft ceilings • 615m² level, sunny block with wide frontage & side access • Long-term tenants in place - secure income stream • Securely fenced with rear storage/workshop • Short level walk to Town Beach, cafés, shops & CBD • Convenience store directly across the road • Limited opportunity - motivated seller wants action Rates $3,800pa

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
613 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Port Macquarie over the last 12 months, the estimated median property value of 48 Owen Street is $1.25m.

Median value
$1.25m
Estimated value range
$880k - $3.25m
Median days on market
35
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Port Macquarie. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 48 Owen Street

2026
Sold
$915,000
01 Feb 2026 by Lance Dekker, of Ray White Port Macquarie
2022
Sold
Undisclosed
Private Sale/Treaty on 09 Sep 2022 by Andrew Meldrum, of HEM Property Port Macquarie

Happy sellers in Port Macquarie

83%
83% of sellers in Port Macquarie reported that their sale price either exceeded or met their price expectations.

Port Macquarie stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 159 reviews in Port Macquarie over the last 12 months.

Local market activity for 5 bedroom houses in Port Macquarie

In the last 12 months, 43 five-bedroom houses similar to 48 Owen Street, have been sold.

This represents a 15% increase in five-bedroom houses sales when compared to the previous 12 months.

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Tyson Cunningham

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