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.