27a Gould Drive Lemon Tree Passage NSW 2319

Near-new 3-bed house on 434m² lot |Sold $635k in 2023 |Now valued ~$730k |Leased $590/wk in 2025. This three-bedroom house on a 434sqm block suits downsizers or small families drawn to low-maintenance coastal living. The modest land size and 35% building coverage deliver practical single-level space without excess yard demands, ideal for those prioritising indoor comfort over expansive grounds. Its near-new status brings modern efficiencies like ducted climate control and a functional layout that aligns with everyday needs in a street of similar standalone homes. Elevated at 14m with no flood or bushfire risks, it occupies a secure spot in the residential zone, appealing to buyers avoiding overlay complications. Properties like this typically draw retirees or working couples who value walkable proximity to waterfront reserves and local amenities without venturing into larger family blocks. In the local market, such homes have shown steady capital growth, as evidenced by the jump from its 2023 sale to current estimates, reflecting demand for turnkey options amid rising interest in Port Stephens lifestyles. Rental performance underscores reliability, with quick leasing at solid yields for investors eyeing holding value. Long-term, the fully fenced setup, double garage, and school catchments position it for enduring appeal among stable owner-occupiers. Its compact footprint may limit subdivision potential, but that very trait enhances desirability in a market favouring hassle-free ownership.