Raymond Terrace, 2324 ranked 585th in NSW when comparing growth in median property values or capital gain over the last 12 months. Raymond Terrace is one of 3162 in our list for NSW
Comparing Raymond Terrace,2324 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.52% offered to property buyers. Sellers in Raymond Terrace itself are offering an average vendor discount of -3.18% to real estate investors.
Advertised rents are around the $340 mark per week – giving a return of 5.17% based on the median price in Suburb
Raymond Terrace has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -0.64% to date .
While Raymond Terrace,2324 ranked number 440th in NSW for increase in median house value (annualised) increase, it is ranked 464th over the last 5 years.
At number 396th of NSW’s most discounted properties, Raymond Terrace is in the TOP 20% of the state/territory when listing in order of most discounted to least.
At number 690 in a list of fastest selling suburbs, Raymond Terrace is just in the top half of suburbs in Australia with an average of days on market 70.62 for properties listed there.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 6.24%, without taking into account capital value appreciation, which has been averaging out at 1.65%.