With a capital gain of 9.52% for the last 12 months, Raymond Terrace, 2324 has performed for property investments than its average annual 4.30% property growth over the last 5 years.
Raymond Terrace,2324 was ranked 2486 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Raymond Terrace should be aiming for at least -3.07% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Raymond Terrace have been waiting around 66.46 days to sell a property.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 5.28%, without taking into account capital value appreciation, which has been averaging out at 4.30%.
Raymond Terrace has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 7.46% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Raymond Terrace has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -2.78% to buyers in Raymond Terrace at the moment, which is less than average for the rest of NSW.
A $285 per week rent on the median house gives suburb investors a gross yield of circa 6.05%, without taking into account capital value appreciation, which has been averaging out at 2.48%.