Suburb Profile Report for Raymond Terrace NSW (2324)

Raymond Terrace House: Median price $345,000, Annual capital growth 4.25%, Number of sales 248, Weekly median advertised rent $350

Raymond Terrace Unit: Median price $250,000, Annual capital growth 2.69%, Number of sales 37, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 7.81% for the last 12 months, Raymond Terrace, 2324 has performed for property investments than its average annual 4.25% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Raymond Terrace has given property investors a paper return of 0.00%. This puts Suburb as 1060 on a list of fastest fasting appreciating suburbs in NSW

Raymond Terrace2324 is located in NSW which offers an average discount of -5.49% to property investors. Raymond Terrace itself is showing figures that indicate -3.08% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Raymond Terrace have been waiting around 68.19 days to sell a property.

Advertised rents are around the $350 mark per week – giving a return of 5.28% based on the median price in Suburb

Giving property investors a a stable capital gain of 9.65% for the last year, Raymond Terrace, 2324 is the 410th highest performer in Australia in this respect.

A 16.28% growth in median value for property investors in Raymond Terrace,2324 puts this suburb at number 123th in terms of best performing suburbs in NSW

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Raymond Terrace, 2324. Typically our figures indicate that -2.63% is being offered, which puts this NSW suburb at 1364th most discounted overall in Australia.

Renters in Suburb are facing rents around $3480 per annum or $290 every week.

HOUSE UNIT
$345,000 $250,000
0.00% 4.17%
7.81% 9.65%
4.25% 2.69%
$350 $290
248 37
5.28% 6.03%
68.19 77.48

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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Recent sales & rentals