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Sold on 12 Jul 2024 for $692,500

3 Paroa Avenue
Lemon Tree Passage NSW 2319

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 1075m2
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Property Details for 3 Paroa Ave, Lemon Tree Passage

3 Paroa Ave, Lemon Tree Passage is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1075m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in Lemon Tree Passage in the last 12 months.

Building Type
House
Land Size
1075m2

Last Listing description (July 2024)

• • This residence boasts a versatile design and is nestled in a quiet, highly sought-after location, offering an array of appealing features.

Spanning two levels, the upper floor comprises three bedrooms (including a master with ensuite), an updated kitchen, a cozy living area, a central bathroom, and a covered outdoor deck. Additionally, the home is equipped with ducted air conditioning and ceiling fans for added comfort.

The lower level serves as a one-bedroom flat with its own shower and toilet, providing an ideal space for teenagers or in-laws.

Situated on a spacious 1075 sq.m. block and just 500 metres from the waterfront, residents enjoy convenient access to the marina and local boat ramp. Nearby amenities include the local bowling club and the Koala Reserve Mangrove boardwalk, while Nelson's Bay attractions are a short drive away. Commuting is made easy, with a mere 20-minute drive to Newcastle Airport and 40 minutes to the city centre.

Key features include:

• Three-bedroom residence with a one-bedroom flat on the ground level.
• Comfortable living area and updated kitchen.
• Air conditioning and ceiling fans.
• Double carport.
• Generous 1075 sq.m. block.
• Five-minute drive to Tanilba Bay shopping centre; 22 km to Newcastle Airport.

This property presents an exceptional opportunity for comfortable living in a desirable location, blending convenience, versatility, and tranquility.

Property History for 3 Paroa Ave, Lemon Tree Passage, NSW 2319

A timeline of how this property has performed in the market
Last Sold
$692,500
12 Jul 2024
  • 28 Jun 2024
    Sold for $692,500
  • 01 May 2024
    Listed for Sale $705,000
  • 17 Mar 2023
    Sold for $645,000
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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 1,550 properties. Over the last 5 years, Houses in Lemon Tree Passage have seen a 47.05% increase in median value, while Units have seen a 70.32% increase. As at 30 November 2024:

  • The median value for Houses in Lemon Tree Passage is $623,689 while the median value for Units is $570,140.
  • Houses have a median rent of $550 while Units have a median rent of $470.
There are currently 29 properties listed for sale, and 2 properties listed for rent in Lemon tree passage on OnTheHouse. According to CoreLogic's data, 63 properties were sold in the past 12 months in Lemon tree passage.

Suburb Insights for Lemon Tree Passage 2319

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Neil Moore
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Raine & Horne Nelson Bay | 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.