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 › Shearman Ave
$890,000–$950,000
For sale
Asking range
$788,000
Last sold
10 Dec 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
422 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
Asking
$890,000–$950,000
Asking range · $2,109/m² of land
Last recorded sale $788,000 (10 Dec 2024).
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
+13.4%
Median sale
Suburb $785,000
-0.46 pp
Gross yield
Suburb 3.88%
Suburb median $785,000 from 52 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$38,329 on top of the price (4.3% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Lemon Tree Passage's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 3.4%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Raine & Horne Port StephensPositioned in one of Port Stephens' most sought-after locations, this beautifully presented brick and tile home offers an outstanding combination of comfort, convenience and versatility. Just moments from the waterfront reserve, marina and local cafés, it provides an enviable coastal lifestyle with generous accommodation to suit families, extended households or guests.
Thoughtfully arranged across two levels, the ground floor features a comfortable living & dining area, well-appointed kitchen with modern appliances and a Butler's pantry. Also utility room & an extra shower & toilet.
Upstairs, three generous bedrooms with new carpet are serviced by a central bathroom, providing plenty of space for growing families or visiting guests.
Adding to the appeal is a separate single-level dwelling, complete with its own bathroom, laundry and additional storage. Ideal as a home office or potential rental space, this versatile addition provides exceptional flexibility for a possible range of living arrangements.
Enjoy an enviable location within easy walking distance of the waterfront reserve, marina and local cafés, while schools, shopping and recreational facilities are also conveniently close by. With beautiful beaches and scenic coastal walks nearby, this is an opportunity to embrace the relaxed lifestyle Port Stephens is renowned for.
Offering an exceptional combination of location, space and flexibility, this is a property that deserves your inspection.
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.