All About Pembrooke, Port Macquarie-Hastings, NSW, 2446

Pembroke, located in the Port Macquarie-Hastings region of New South Wales, offers a unique blend of coastal and rural living that appeals to a wide array of residents. The housing market in Pembroke has been relatively stable, characterized by a mix of charming older homes and newer developments catering to different budgets and preferences. Property prices tend to be more affordable here compared to larger cities, making it an attractive option for first-time homebuyers and families looking for more space. The demand for homes has seen a subtle increase in recent years, driven by people seeking a quieter lifestyle without sacrificing accessibility to essential amenities and natural beauty.

Living in Pembroke means embracing a slower pace of life enriched by lush landscapes and proximity to pristine beaches. Residents enjoy a close-knit community atmosphere, with local events and markets fostering social connections. Outdoor enthusiasts appreciate the numerous parks, walking trails, and water activities available in the surrounding areas. The town offers essential services and facilities, including schools, healthcare, and shopping centers, which are easily accessible. With its family-friendly environment and scenic backdrop, Pembroke provides a peaceful retreat while still being within reach of the vibrant offerings of Port Macquarie, making it an ideal setting for those looking for a balanced lifestyle.

Pembrooke Real Estate Market Outlook

Thinking about buying in Pembrooke? Now could not be a better time, with just 90 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $753,000 with prices in this suburb ranging from $135,000 to $2,533,000. Pembrooke is located fairly close to the coast at just 8Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Pembrooke there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Pembrooke is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Pembrooke leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Pembrooke the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

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Public Transport

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General Points of Interest

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