7 James Scott Cres, Lemon Tree Passage NSW 2319

7 James Scott Cres, Lemon Tree Passage NSW 2319
Brick and tile 2001 build | 556mยฒ block with 21% coverage | 6-car garage with workshop potential | 17m elevation, no overlays. The property’s competitive strength lies in its unusually low site coverage and generous garage-to-house ratio, offering rare expansion or storage capacity on a manageable block. The 17m elevation and absence of bushfire, flood, or heritage constraints remove common coastal buying risks, while the 2001 build year provides a modern shell without the premium of new construction. This suits a buyer seeking a low-maintenance base with latent value in the underutilised land and garage space, particularly families or those wanting a workshop without sacrificing location convenience. The main risk is the dated interior finish relative to the price band, which may limit immediate rental yield or resale appeal without cosmetic updates. However, the large living areas and dual balconies provide clear renovation targets that can lift value without structural work. The buyer’s opportunity is to acquire a solid, unencumbered house in a tight coastal market, then selectively upgrade the kitchen and main bathroom to capture equity growth. Hold as a long-term family home or improve and hold for three to five years before reassessing.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 7 James Scott Cres, Lemon Tree Passage NSW 2319
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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

3

Land

556mยฒ

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