Suburb Profile Report for Lemon Tree Passage NSW (2319)

Lemon Tree Passage House: Median price $399,000, Annual capital growth 3.69%, Number of sales 100, Weekly median advertised rent $350

Lemon Tree Passage Unit: Median price $254,500, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $320

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Lemon Tree Passage has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 21.83%

While Lemon Tree Passage,2319 ranked number 188th in NSW for increase in median house value (annualised) increase, it is ranked 903th over the last 5 years.

Property investors looking for a bargain in Lemon Tree Passage should be aiming for at least -4.15% off the asking price, which is the average vendor discount being achieved at the moment.

At number 2598 in a list of fastest selling suburbs, Lemon Tree Passage is in the bottom 40% of suburbs in Australia with an average of days on market 99.01 for properties listed there.

The NSW suburb of Lemon Tree Passage, 2319 is in the Port Stephens local government area.

Lemon Tree Passage,2319 was ranked 127 in Australia by increase in median property value over the quarter.

Situated 90.90km from the CBD, Lemon Tree Passage is one of Port Stephens localities in the postcode 2319.

HOUSE UNIT
$399,000 $254,500
5.21% 8.30%
21.83% N/A
3.69% N/A
$350 $320
100 13
4.56% 6.54%
99.01 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 2547
Median household income ($/weekly) 870
Median age of persons 47
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 298 11.7
    35-44 years 286 11.2
    45-54 years 347 13.6
    55-64 years 434 17.0
    65-74 years 390 15.3
    Others 793 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 956 49.4
    Not Married 733 37.9
    Defacto Relationship 246 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2161 87.5
    Greece 20 0.8
    Papua New Guinea 47 1.9
    United Kingdom 135 5.5
    Other 20 0.8
    Others 86 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 0.4
    Christianity 1810 76.8
    Judaism 3 0.1
    Other Religious Groups 8 0.3
    No Religion 525 22.3
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 111 11.5
    $400-$599 158 16.4
    $600-$799 115 11.9
    $800-$999 122 12.6
    $1,500-$1,999 94 9.7
    Others 366 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1018 49.9
    Employed, worked full-time 546 26.8
    Employed, worked part-time 332 16.3
    Unemployed, looking for work 85 4.2
    Employed, away from work 60 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 117 12.4
    Technicians & trades workers 183 19.3
    Clerical & administrative workers 117 12.4
    Sales 110 11.6
    Machinery operators & drivers 107 11.3
    Others 312 33.0
    Occupation
    Census Count Percent(%)
    Pre-school 36 7.6
    Infants/Primary 192 40.7
    Secondary 124 26.3
    Technical or Further Educational Institution 54 11.4
    University or other Tertiary Institutions 51 10.8
    Others 15 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2206 89.9
    Semi-detached, row or terrace house, townhouse 193 7.9
    Flat, unit or apartment 28 1.1
    Caravan, cabin, houseboat 16 0.7
    House or flat attached to a shop, office 12 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 412 39.9
    Rented 328 31.8
    Being purchased 288 27.9
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals