Lemon Tree Passage at a glance
2,690
People
$785,000
Median sale
$585/wk
Median rent
3.88%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
NSW › Lemon Tree Passage › Blanch St
$1,160,000
Last sold
31 July 2026
2
Bedrooms
1
Bathrooms
2
Car spaces
866 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,160,000
31 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Lemon Tree Passage (last 5 years) with land size have a median of $1,214/m² of land (n=126). Districts calculation from recorded sales — not a valuation.
Lemon Tree Passage at a glance
2,690
People
$785,000
Median sale
$585/wk
Median rent
3.88%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
Vs Lemon Tree Passage
+47.8%
Median sale
Suburb $785,000
-1.26 pp
Gross yield
Suburb 3.88%
Suburb median $785,000 from 52 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $585/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Lemon Tree Passage at a glance
2,690
People
$785,000
Median sale
$585/wk
Median rent
3.88%
Suburb gross yield
Median sale from 52 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Portside Real EstateLarge level waterfront reserve lot with a beautifully presented original cottage and D.A. approval for a new home on a separate “Torrens title” lot.
Period beach cottage tastefully renovated and updated to ensure modern convenience while remaining sympathetic to the original design by integrating some of the original features such as the lovely wide plank hard wood floors and the ‘board and batten’ feature in the bathroom.
Other features include dine-in kitchen featuring updated appliances, air-conditioned lounge overlooking the water, generous bedrooms, modern bathroom and lovely covered timber entertaining deck with un-interrupted views through to the water. Externally the property features generous double carport and boat/storage shed situated nice and close to the water to ensure your paddleboards and kayaks are in easy reach.
Currently a very popular Air BnB listing, “Lucy’s Cottage” has a rating of 4.97 out of 5 and history of strong occupancy.
The potential subdivision has been carefully designed to ensure excellent privacy between the original cottage and the proposed new dwelling, and to maintain the existing dwellings outlook over the water. This property is truly briming with potential and a rare opportunity to secure a Port Stephens waterfront reserve property. Complete the subdivision, and sell the original cottage then build your dream home, keep it is an Air BnB with an eye to future development or simply secure a lovely secluded waterfront reserve property on one of the best waterways on the East coast of Australia.
Highlights include:
Two spacious bedrooms
Open-plan living and dining area with split system air conditioning
Modern kitchen with quality appliances
Renovated bathroom and laundry
Covered veranda showcasing stunning water views
Elegant timber flooring throughout
Large, level, fenced 866m² yard with approved subdivision plans to create two waterfront lots
Triple carport for ample parking and Boat shed and additional storage space
The central rooms of the cottage were built over 100 years ago.
Positioned in a premium waterfront location, this property offers not only a comfortable seaside home but also a lucrative investment potential. Don’t miss your chance to secure this exceptional lifestyle opportunity!
Why not try before you buy, book a weekend on Airbnb to truly appreciate this beautiful corner of Port Stephens.
https://www.airbnb.com.au/rooms/53547715?check_in=2026-06-09&check_out=2026-06-14&guests=1&adults=1&s=67&unique_share_id=a0f266f2-3188-4302-aae1-1f4b608e5d76
Disclaimer: Whilst Portside Real Estate takes great care in obtaining information from sources, we believe to be reliable - in the preparation of this advertisement and information contained herein. Portside Real Estate cannot however warrant, represent or guarantee the accuracy, or completeness of the information and therefore, cannot accept liability resulting from reliance on this information. Portside Real Estate strongly recommends potential purchasers make their own independent inquiries and investigations before purchasing.
Listing description written by David Keers, Portside Real Estate — reproduced as published, not verified by Districts.