Despite dire predictions about the property market nationally, experts believe the Port Macquarie market is likely to remain stable.
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Last week rating agency Moody's predicted falls in house prices across the country, with parts of Sydney and Melbourne likely to face drops of more than 15 per cent over the next 12 months.
Real Estate Institute NSW CEO Tim McKibbin said regional areas would not necessarily mirror the major cities.
He said there are "thousands of markets within the market" and micro influences in towns such as employment are also factors.
"I am not aware that there is any adverse employment in Port Macquarie," Mr McKibbin said.
There has been a correction in the market but it hasn't been dramatic as people would have you believe.
- Tim McKibbin
"Importantly, repayments are affordable because of low interest rates."
The median house price in Port Macquarie is currently $566,868.
Last year it was $543,899.
Mr McKibbin said those figures indicate a growth of around 4 per cent.
The big change has occurred over the last five years with houses increasing in value by around 40 per cent in Port Macquarie.
"If you bought a property in Port Macquarie five years ago you would be laughing," Mr McKibbin said.
He does believe Labor's plan for negative gearing and capital gains will adversely impact all housing markets if they are elected on May 18.
But ultimately, Mr McKibbin believes property is a long game.
"For long-term investors property gains value, there will be some ups and downs but the graph is very clear, it points north over time."
