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 › Meredith Ave
$995,000
Last sold
24 Mar 2026
4
Bedrooms
2
Bathrooms
4
Car spaces
836 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
$995,000
24 Mar 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 $1,218/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
+26.8%
Median sale
Suburb $785,000
-0.82 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 EstateRare modern single-level home on a large, accessible level lot offering an exceptional coastal lifestyle with facilities virtually at your doorstep.
Classic single-level design featuring four living spaces, incorporating spacious formal lounge, dining space with bar, rumpus/media area and a large open plan family / kitchen space flowing to a fully enclosed east-facing outdoor entertaining area. Master bedroom with ensuite & built-in robe and three additional bedrooms clustered conveniently around the main bathroom, plus there is a generous laundry. Other key features include Daiken ducted air and spearpoint watering.
Practicality meets lifestyle with outstanding vehicle and storage options, including drive-past access (3m+) to a secure brick veneer double garage with auto-door and carport, attached single garage with drive-through access to carport, all set on a super accessible level lot with beautifully landscaped grounds giving you privacy and space in abundance.
Located within 200 metres of the Lemon Tree Passage precinct featuring cafes, takeaway restaurants, chemist, medical facilities, 'Poyers' restaurant and Marina, you can enjoy the convenience of a fresh coffee on your morning walk, or a sunset stroll along the foreshore with 5-star dining to follow.
Property like this is rare and tightly held, so move quickly to secure not only a truly wonderful home, but an ideal long-term investment.
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.