Lemon Tree Passage, 2319 ranked 471th in NSW when comparing growth in median property values or capital gain over the last 12 months. Lemon Tree Passage is one of 3163 in our list for NSW
Lemon Tree Passage,2319 has offered an average of -2.20% return per annum in house price rises to property investors over the last three years.
Sellers are offering property buyers an average discount of -6.31% to buyers in Lemon Tree Passage at the moment, which is less than average for the rest of NSW.
The NSW suburb of Lemon Tree Passage, 2319 is in the Port Stephens (A) local government area.
Information supplied by:
Housing supply gets padded
Median house price: $475,000
Stock on market: 64.7%
12-month growth: 12.6%
Known for its koala population due to the presence of so many trees, the suburb of Lemon Tree Passage is also a haven for holidaymakers because of its beautiful location on Port Stephens.
The suburb capitalises on its natural advantages by establishing coastal walking trails, such as Mangrove Board Walk and the Lilli Pilli Walk. The reserve on Helen Avenue also highlights the diverse native plant life found in this area. With some lovely swimming and picnic spots in the vicinity, Lemon Tree Passage is the perfect place to unwind, making it very popular with retirees.
The number of houses on the market soared from 17 to 27 in the 12 months to January 2019, for a 64.7% boost in housing supply. The suburb certainly looks to be capable of balancing the added stock with demand, with houses spending only 49 days on the market.