Property investors who have had real estate in Raymond Island, 3880 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.35%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Raymond Island has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Raymond Island should be aiming for at least -6.98% 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 Island the average time real estate has been on the market is 118.33 days.
Renters in Suburb are facing rents around $3150 per annum or $262.5 every week.