Investment property in Raymond Terrace has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.07%
Over the longer term, Raymond Terrace has seen property prices show investors a 21.40% return over the last 3 years. This is worse than over the last 12 months
Vendor discounting in Raymond Terrace is giving property investors an average Vendor Discount of around -2.91%. This puts suburb at number 1112th in NSW when ranking the most discounted suburbs.
Residents and property investors in Raymond Terrace have been waiting around 66.52 days to sell a property.
Advertised rents are around the $350 mark per week – giving a return of 5.17% based on the median price in Suburb
Property investors who have had real estate in Raymond Terrace, 2324 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.42%
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 -3.11% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.50 sales per month, which equates to 42 per year.
Renters in Suburb are facing rents around $3480 per annum or $290 every week.