Suburb Profile Report for Raymond Terrace NSW (2324)

Raymond Terrace House: Median price $390,000, Annual capital growth 4.42%, Number of sales 210, Weekly median advertised rent $370

Raymond Terrace Unit: Median price $282,500, Annual capital growth 4.53%, Number of sales 30, Weekly median advertised rent $310

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property value increases in Raymond Terrace have tracked just higher than the NSW average of -4.21% over the last 12 months.

The five-year average increase in median property values for Raymond Terrace,2324 has given property investors a potential capital gain of 33.91% across each of those five years.

Raymond Terrace, 2324 is offering NSW ‘s 745th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.

The NSW suburb of Raymond Terrace, 2324 is in the Port Stephens (A) local government area.

At number 549th 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 0.89% recorded in median house prices.

If we look at median property appreciation over just the last three months, Raymond Terrace has given property investors a paper return of -0.88%. This puts Suburb as 249 on a list of fastest fasting appreciating suburbs in NSW

The most recent median price for Raymond Terrace is $282500, with sellers offering an average of -3.53% off the asking price.

Using the current median advertised rental of $310 and the average annual increase in value of a median property of 4.53%, investors should hope to achieve an overall return of 5.71%

Metrics i HOUSE UNIT
$390,000 $282,500
0.78% -0.88%
0.78% 0.89%
4.42% 4.53%
$370 $310
210 30
4.93% 5.71%
86.4124293785311 63.2173913043478

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Raymond Terrace NSW
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
Chart Table