Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

NSW › Lemon Tree Passage › Dean Pde

42 Dean Pde, Lemon Tree Passage NSW 2319

For saleHouse

$835,000

For sale

$835,000

Last sold

13 June 2022

4

Bedrooms

4

Bathrooms

4

Car spaces

588 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 21 Nov 2025)
  • CalculationLand 588 m² against a 76 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Lemon Tree Passage (last 5 years) with land size: median $1,214/m² of land (n=126). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationIf it leased at Lemon Tree Passage's advertised median rent ($585/wk), implied gross yield would be 3.64% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$835,000

13 June 2022 · 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.

See the full Lemon Tree Passage report →

Vs Lemon Tree Passage

+6.4%

Median sale

Suburb $785,000

-0.24 pp

Gross yield

Suburb 3.88%

Suburb median $785,000 from 52 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$835,000
Stamp Duty (New South Wales)
$31,987
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$870,854

$35,854 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Lemon Tree Passage's advertised median rent — not a rent for this listing.

Net yield
2.14%
Annual cashflow (pre-tax)
$-25,525
Interest cover (DSCR)
0.41
Annual rent
$30,420
Operating expenses
$12,525
Loan amount
$668,000
Annual interest
$43,420
Gross yield
3.64%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listedprice unknownavailable21 Nov 2025
  2. Sold$835,00013 June 2022
  3. Listedprice unknowncompleted19 May 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Lemon Tree Passage in one glance

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.

See the full Lemon Tree Passage report →

Keep researching

  • Why Lemon Tree Passage? Read the area thesis →
  • What else is on the market in Lemon Tree Passage →
  • Other records on Dean Pde →

Listing material

Listed by Raine & Horne Port Stephens

Beautifully Renovated Home with Dual Living & Water Views

Welcome to 42 Dean Parade, a beautifully renovated 4-bedroom residence offering the rare opportunity for dual living. Large enough to accommodate two families or the ideal choice for an astute investor, this property delivers versatility, space, and undeniable lifestyle appeal.

Boasting a light-filled open-plan design, the home seamlessly connects indoor and outdoor living. Entertain in style with a tranquil alfresco area overlooking manicured lawns and gardens, or retreat to the top balcony where sparkling water views can be enjoyed every day. Freshly painted inside and out, with all the hard work already done, this home is ready for you to simply move in and enjoy.

Upstairs Features:

Read the full description

• Open-plan living and dining with water views from every angle

• Stunning modern kitchen with quality appliances

• 2 spacious bedrooms with built-in robes

• Master with split-system air-conditioning and a luxurious newly renovated ensuite

• Additional sunroom, second toilet, and internal laundry

• Plantation shutters, new flooring, new entry door, and ceiling fans throughout

• Rear balcony with privacy screens and water views

Downstairs Features:

• 2 generous bedrooms with ceiling fans

• Air-conditioned open-plan living and dining area

• Spacious kitchen with ample storage and electric cooking

• Combined bathroom and laundry

• Large alfresco area with access to second bathroom and storage - perfect for entertaining

• Loads of storage and easy access to the landscaped yard

Additional Highlights:

• Remote-controlled garage with private access to the upstairs dwelling

• Tandem carport, ideal for a boat or caravan, currently set up as a private retreat

• Additional laundry/bathroom off the alfresco area

• Storage shed, beautifully landscaped gardens, fully fenced backyard

• Ramp access to upstairs dwelling

Perfectly positioned within walking distance to the marina, local cafés, restaurants, and scenic foreshore, this home is truly one-of-a-kind. Whether you're searching for the perfect family residence with space for everyone, an income-generating investment (STCA), or a coastal getaway, the possibilities are endless.

Properties of this calibre, versatility, and location are a rare find in Lemon Tree Passage. Don't miss your chance to secure it.

Every care has been taken to verify the accuracy of the information contained in this advertising copy but no warranty (either expressed or implied) is given by Raine & Horne or its agent as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.

Listing description written by Louise Highnam, Raine & Horne Port Stephens — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • Secure Parking
  • Toilets: 4
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.