Giving property investors a an average capital gain of 4.48% for the last year, Raymond Terrace, 2324 is the 2279th highest performer in Australia in this respect.
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.
Property investors looking for a bargain in Raymond Terrace should be aiming for at least -3.00% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 4.29%, investors should hope to achieve an overall return of 5.20%
Over the last year, property investments in Raymond Terrace, 2324 have given investors a capital gain of 4.60%. This compares averagely with the 6.22% for NSW as a whole.
Comparing Raymond Terrace,2324 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Raymond Terrace should be aiming for at least -2.49% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Raymond Terrace the average time real estate has been on the market is 88.96 days.
Property investors should expect to get $290 weekly from the median priced house in this suburb.