The picturesque town of Port Macquarie on the NSW Mid-North Coast is seeing a stunning new development come to life, as the first and second stages near completion.
Set in a prime location surrounded by nature, The Sanctuary Port Macquarie hits all the right notes for buyers seeking to make a sea change from the city, or locals looking for space to build their dream home.
The development by CW Group has already had plenty of interest from downsizers, local upgraders and higher-end first-home buyers. Additionally, interest from new home buyers is increasing as the community takes shape.
Stages 1 and 2 now selling
Buyers wanting to lock in the location of their future dream home have three premium blocks left to choose from in the Stage 1 release, and 11 blocks left in Stage 2.
Ranging in size from 489sqm to over 600sqm, the lots are “big by today’s standards” and provide a good mix, says CW Group Development Manager, Andrew Conochie.
“They are also flat, which is what our customers want. Due to the cost, we know people don’t want sloping blocks anymore,” he says.
Despite being flat for building on, all the homesites are elevated, which helps capture cool breezes and treeline views.
Buyers can also choose a house and land package for a streamlined building journey, or select their preferred block and create their own home design plans.
“We want to allow people the flexibility to build the house of their dreams onto a block that we provide them,” he says.
“The total development includes 90 hectares of land, but about 30 hectares of that are being handed back to the council as an environmental area, which creates the feeling of being surrounded by nature,” Conochie says.
“It’s going to be beautiful, and that’s obviously why we’ve named it The Sanctuary.”
Sea-change lifestyle
Renowned for its relaxed coastal lifestyle and natural beauty, Port Macquarie is an established prospect for sea change buyers seeking a slower pace.
But it also ticks many boxes in terms of amenities, which is appealing to downsizers and families who still need access to work and schools.
Given all the advantages, it’s no wonder it’s a town and region on the rise, says PropTrack economist Anne Flaherty.
“It’s a really appealing lifestyle destination, but at the same time, there are jobs, and there’s a lot of infrastructure, so there has been significant growth in the area over the past five years,” she says.
“Five years ago, the median house price was $575,000, and it’s currently sitting at $840,000.”
Residents can enjoy a relaxed lifestyle with its pristine beaches, breathtaking coastal scenery, and abundant outdoor activities.
Within a 10-minute drive from The Sanctuary, you’ll discover Port Macquarie’s shopping centres, movie theatres, two hospitals, and schools. For local shopping, Sovereign Town Centre is only a two-minute drive away.
The area is also home to top-notch educational institutions, including childcare centres, K-12 educational colleges, and the esteemed Charles Sturt University.
Right place, right time
With the release of these generously sized blocks, now is a perfect time to consider buying a property at The Sanctuary.
Flaherty says The Sanctuary offers an opportunity to get into the region while prices are still relatively affordable.
Conochie advises interested buyers to get in quick following strong interest shown from the market
“We’ve had interest from locals, investors and interstate buyers, looking to secure their position in Port Macquarie before it is out of reach like other seaside locations,” he says.
Sounds like your dream location? To learn more, visit The Sanctuary Port Macquarie.