Bonnie Roosendaal from Raine & Horne Lemon Tree Passage has blown the street record yet again, for 14 Beach Rd, Lemon Tree Passage within 14 Days of the property being placed on the market.
"The Tillegerry Peninsua has long been known as the poor cousin to Nelson Bay peninsula," says local agent Bonnie Roosendaal
"Times are changing, and prices in the Lemon Tree Tanilba area are on the rise, we are achieving prices similar to the Nelson Bay Peninsula for some of our listings."
More Sydney buyers are searching for a quieter location to live, retire or to raise a young family, and they are turning to Lemon Tree as prices are still affordable, and rent returns yields are excellent for investors.
"It still has the charm that Nelson Bay had 20 years ago before it became such a tourism mecca and is still a safe place to let your children go fishing, ride bikes and explore the bushwalks."