Average price trends
750,000
Feb
690,000
Mar
780,000
Apr
What are the property taxes in Port Macquarie-Hastings and are there any other ongoing costs I should consider?
In Port Macquarie-Hastings, property taxes, known as council rates, vary by property value but average around $ 2,500 AUD per annum. Additional ongoing costs include utility fees for water, sewerage, and waste services, averaging $ 1,250 AUD yearly. Property insurance and maintenance should also be budgeted for. It's advisable to consult a local property expert for detailed estimates.
What types of upfront costs and fees will I have to pay when purchasing a property in Port Macquarie-Hastings?
When purchasing property in Port Macquarie-Hastings, upfront costs include stamp duty, legal fees, building and pest inspection fees, and loan application fees. Stamp duty varies based on property value. A $ 500,000 AUD property incurs around $ 17,990 AUD in stamp duty. Inspections cost about $400-$ 600 AUD. Legal fees can run $1,000-$ 3,000 AUD. Loan application fees range from $0-$600.
How does the Port Macquarie-Hastings property market compare to ther regions in the Australia?
The property market in Port Macquarie-Hastings, with a median house price of about $ 745,000 AUD, offers relatively affordable options compared to Sydney's $1.41 million AUD and Melbourne's $ 975,000 AUD. The city combines coastal living with lower prices, attracting those seeking lifestyle and value beyond Australia's major metropolitan areas.
