Police from Forster's Traffic and Highway Patrol attempted to stop a Porsche Cayman on the Pacific Highway at Coolongolook about 1.30pm on Wednesday after reports it was driving unusually.

The vehicle failed to stop and officers began to pursue. It is alleged the vehicle hit speeds of over 200km/h headed south on the highway, reaching Heatherbrae before entering a car park.

Police said the car travelled around the car park "for some time" before exiting onto Banks Street and crashing into a fence.

The 20-year-old driver escaped without injury. He was arrested and taken to Maitland Hospital for mandatory testing.

"Subsequent inquiries revealed the vehicle was reportedly stolen from a South Brisbane address on Sunday," police said.

The man was taken to Raymond Terrace police station and charged with offences including larceny, destroy or damage property, receive property stolen outside NSW, driving at speed in a police pursuit, driving dangerously in a police pursuit, driving recklessly or furiously, three counts of negligent driving, possession of a prohibited drug and driving without ever having held a licence.

The 20-year-old was refused bail.

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