OFF MARKET

2/1 Shearman Avenue
Lemon Tree Passage NSW 2319

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 134m2
Land area: 761m2
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Last updated 2 Sep 2024
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Property Details for 2/1 Shearman Ave, Lemon Tree Passage

2/1 Shearman Ave, Lemon Tree Passage is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1983. The property has a land size of 761m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1983
Floor Size
134m2
Land Size
761m2
Local Government
Port Stephens
Lot/Plan
2/SP20943

Last Listing description (November 2021)

Sitting in an amazing location in beautiful Lemon Tree Passage is this very stylish 3 bedroom home. The proud owners have been extremely busy over the years upgrading and extending the home, so there is simply nothing to be done.

Features include downstairs -
Well appointed kitchen with dishwasher, gas cooking and ample cupboard space, 2 bedrooms with built in robes, combined lounge and dining room, upgraded bathroom and laundry . Other feature's downstairs include solid timber floors, extra high ceilings and split system air conditioning.

The home has a back door and also an internal door, so you can completely separate downstairs to upstairs.

You have great timber internal stairs to get you upstairs, with features being lounge room, large bedroom with ensuite , walk in robe whilst also taking in water views . Other features upstairs include timber floors , split system air conditioning, while the outdoor deck is an entertainers paradise taking in multiple water views, outside Bbq, and also capturing the views of the cafes , shops at the local marina.

Outside you have an automatic gate that leads to 12.8m long parking area, while also 3m high, ideal for the boat or caravan. There is also a front entertaining area, storage shed, and the home has 11 solar panels keeping your electricity bills down to a minimum, while the metal gutter guard keeps all the leaves out.

From an investment point of view you have many options, firstly rent the property as a whole, secondly rent downstairs, and use upstairs as a holiday home, or simply rent both upstairs and downstairs , as they will be always be tenanted due to supply and demand in the area.

The homes location is its biggest feature, being only 50 Metres from the waters edge, while only 150 Metres to the local cafes, shops and restaurants.

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DISCLAIMER: We have in preparing this document used our best endeavor's to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this document.

Property History for 2/1 Shearman Ave, Lemon Tree Passage, NSW 2319

A timeline of how this property has performed in the market
Last Sold
$785,000
06 Oct 2021
Listed for Rent
$360/w
14 Jan 2020
  • 06 Oct 2021
    Sold for $785,000
  • 18 Jun 2021
    Listed for Sale $795.000
  • 15 Nov 2019
    Listed for Rent $360 / week
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About Lemon Tree Passage 2319

The size of Lemon Tree Passage is approximately 3.2 square kilometres. It has 17 parks covering nearly 20.5% of total area. The population of Lemon Tree Passage in 2011 was 2,547 people. By 2016 the population was 2,600 showing a population growth of 2.1% in the area during that time. The predominant age group in Lemon Tree Passage is 60-69 years. Households in Lemon Tree Passage are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Lemon Tree Passage work in a trades occupation. In 2011, 66.2% of the homes in Lemon Tree Passage were owner-occupied compared with 68.9% in 2016.

Lemon Tree Passage has 1,546 properties. Over the last 5 years, Houses in Lemon Tree Passage have seen a 72.17% increase in median value, while Units have seen a 49.70% increase. As at 31 July 2024:

  • The median value for Houses in Lemon Tree Passage is $677,291 while the median value for Units is $517,739.
  • Houses have a median rent of $565 while Units have a median rent of $470.
There are currently 19 properties listed for sale, and 7 properties listed for rent in Lemon tree passage on OnTheHouse. According to CoreLogic's data, 69 properties were sold in the past 12 months in Lemon tree passage.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.