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Newcastle Herald

National

Hamish Geale

The curious case of North Arm Cove, where property values grew 64% in a year

Walter Burley Griffin MidCoast Council

GLAMPING HAVEN: This 844 square metre block at 2 Tamworth Street, North Arm Cove, is for sale with an on-site caravan. It has a price tag of $120,000. Picture: First National Hawks Nest

A quiet coastal village of just 450 people was the biggest winner in the property boom of 2021.

The Port Stephens township of North Arm Cove recorded the strongest annual growth in dwelling values of any Australian suburb, rising a mammoth 64.4 per cent according to CoreLogic figures.

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