The First National Real Estate chief executive toured the region's real estate agencies and dropped in at the Port Macquarie office.

Mr Ellis said the town has excellent infrastructure, and is likely to find itself in the driver’s seat of regional growth if it opened developments quickly.

"One of the big issues in towns like these is new developments, getting the councils to approve them at a reasonable cost structure for new homes and that drives a lot of the local economy," he said.

"It’s (Port Macquarie) been a land locked area for a long time, so to get the council to release new land at a regulation, legislation, infrastructure environment where they can actually make a reasonable return has been a difficult process.

"I'm reluctant to say red tape has gotten in the way, but areas like this need new home developments, so it’s good to see land is finally being released."

Mr Ellis said areas along the NSW coast like Port Macquarie are in prime locations to take advantage of buyers moving out of Sydney and Brisbane.

"There's always demand and by the year 2050, 75 per cent of Australia's population will live between Wollongong and what we call, Bris-Vegas (Brisbane).

"You drive up the NSW coast and there big towns every 100 miles, populations like this will double in the next 10, 15 or 20 years.

"The first towns that get that demand right, they'll boom as a result of it... Port Macquarie has a lot of advantage against other towns because it has an airport.

"People can live here, and then get to Melbourne, Sydney and Brisbane without getting in their car - it is a huge advantage."

First National Port Macquarie licensee and managing director Ron Fischer said Port showed continual growth, without the booms and busts cycles of other towns.

"We haven't seen booms, we've just seen gradual little increases," he said.

"A good entry level house is just under $500,000 here, you can buy new at just under $600,000.

"The fact we have  a university here, the schools are at capacity... our investors can buy here with confidence knowing they will get capital growth.

"Small growth, small bites - we'll just keep growing."

Mr Fischer said Port Macquarie had ‘bucked’ several downturns in the past.

Mr Ellis said it was not all good news as the current real estate market experiences a brief period of uncertainty.

"Real estate is confidence, confidence in the town and confidence in the agent to look after the property, that there is going to be capital growth," he said.

"At the moment there is the State election coming up, a Federal election, banking issues coming up, negative gearing issues coming up.

"All those issues are making people go 'I'll wait, I'll wait, I'll wait'.”

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