64 Dean Parade, Lemon Tree Passage NSW 2319

64 Dean Parade, Lemon Tree Passage NSW 2319
Detached house on 748m² | 101m² internal floorplan | 3 bed, 2 bath, 2 car | Established low-density setting This property is competitively strong for its land-to-floorplate ratio, offering a generous 748m² lot with a compact 101m² internal area. That configuration is rare in newer developments, where smaller blocks and larger homes dominate. The house sits within a low-density suburban street of detached homes, which supports long-term capital stability. It best serves buyers who prioritise outdoor space, parking capacity, and the flexibility to renovate or extend, rather than those seeking a move-in-ready, high-finish home. The 3-bedroom, 2-bathroom layout with double parking aligns with family or downsizer demand, though the modest internal area may limit appeal to larger households. Several factors may materially affect the property’s value or sale price. The older building age and unverified finish quality could require immediate renovation spending, which a buyer should factor into their offer. The absence of current market listing suggests the property may have been withdrawn or sold, so price discovery relies on recent comparable sales in the street. The large lot may also carry development potential or greater holding costs, depending on local zoning and council controls. A buyer should verify these constraints before forming a price view.
Detailed Independent Property Report prepared  by PropCred Analyst team for 64 Dean Parade, Lemon Tree Passage NSW 2319
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk 2
Execution Risk
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Market Insight

Lemon Tree Passage is a mature, established coastal suburb characterised by a high proportion of outright homeowners in detached houses, creating a stable, low-turnover market. Demand is anchored by older couples and trades professionals, drawn to the water-access lifestyle and outright ownership. Recent price trends show moderate growth for houses, though units have experienced stronger appreciation, with sales volumes indicating steady activity. Future growth is linked to its coastal positioning, while key constraints include limited stock availability and potential affordability pressure from price variances.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

748m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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