Suburb Profile Report for Raymond Terrace NSW (2324)

Raymond Terrace House: Median price $350,000, Annual capital growth 4.32%, Number of sales 252, Weekly median advertised rent $350

Raymond Terrace Unit: Median price $250,000, Annual capital growth 3.01%, Number of sales 40, Weekly median advertised rent $290

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 2187th in the list of Australian suburbs ordered by increase in median house value over the last year, Raymond Terrace, 2324 is in the BOTTOM 50% with a property value increase of 4.48% recorded in median house prices.

While Raymond Terrace,2324 ranked number 884th in NSW for increase in median house value (annualised) increase, it is ranked 955th over the last 5 years.

Raymond Terrace, 2324 is offering NSW ‘s 1126th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.

Often selling an investment property can take time, and in Raymond Terrace the average time real estate has been on the market is 66.22 days.

With the median price for a house in Raymond Terrace being $350000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.20%

At number 654th in the list of Australian suburbs ordered by increase in median house value over the last year, Raymond Terrace, 2324 is in the top 40% with a property value increase of 5.49% recorded in median house prices.

A 19.05% growth in median value for property investors in Raymond Terrace,2324 puts this suburb at number 277th in terms of best performing suburbs in NSW

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.33% offered to property buyers. Sellers in Raymond Terrace itself are offering an average vendor discount of -2.60% to real estate investors.

In the last year 40 properties changed hands in Raymond Terrace, which puts it as the 317th most active market in NSW when comparing the number of sales per suburb.

The NSW suburb of Raymond Terrace, 2324 is in the Port Stephens local government area.

Metrics i HOUSE UNIT
$350,000 $250,000
1.45% 1.42%
4.48% 5.49%
4.32% 3.01%
$350 $290
252 40
5.20% 6.03%
66.22 80.03

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 12724
Median household income ($/weekly) 1003
Median age of persons 35
Median housing loan repayment ($/monthly) 1517
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 1805 14.2
    25-34 years 1637 12.9
    35-44 years 1569 12.3
    45-54 years 1654 13.0
    55-64 years 1435 11.3
    Others 4625 36.3
    Age Group
    Census Count Percent(%)
    Not Married 4082 45.1
    Registered Married 3956 43.7
    Defacto Relationship 1021 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 10970 91.4
    Malta 49 0.4
    Papua New Guinea 145 1.2
    United Kingdom 369 3.1
    Other 135 1.1
    Others 329 2.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 0.5
    Christianity 9238 79.0
    Hinduism 43 0.4
    Other Religious Groups 66 0.6
    No Religion 2254 19.3
    Others 42 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 406 9.8
    $400-$599 540 13.0
    $600-$799 470 11.3
    $1,000-$1,249 424 10.2
    $1,500-$1,999 556 13.4
    Others 1765 42.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3860 41.1
    Employed, worked full-time 3151 33.5
    Employed, worked part-time 1584 16.9
    Unemployed, looking for work 461 4.9
    Employed, away from work 336 3.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 956 18.9
    Community & personal service workers 561 11.1
    Clerical & administrative workers 701 13.8
    Sales 591 11.7
    Labourers 675 13.3
    Others 1587 31.3
    Occupation
    Census Count Percent(%)
    Pre-school 292 9.9
    Infants/Primary 1102 37.2
    Secondary 900 30.4
    Technical or Further Educational Institution 320 10.8
    University or other Tertiary Institutions 269 9.1
    Others 78 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10943 90.3
    Semi-detached, row or terrace house, townhouse 931 7.7
    Flat, unit or apartment 247 2.0
    Caravan, cabin, houseboat 3 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1770 39.1
    Being purchased 1509 33.4
    Fully owned 1227 27.1
    Other tenure type 18 0.4
    Tenure Type
Census 2011, ABS
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