Giving property investors a an unimpressive capital gain of -4.33% for the last year, Raymond Terrace, 2324 is the 3054th highest performer in Australia in this respect.
A 30.63% growth in median value for property investors in Raymond Terrace,2324 puts this suburb at number 849th in terms of best performing suburbs in NSW
At number 593th of NSW’s most discounted properties, Raymond Terrace is in the TOP 30% of the state/territory when listing in order of most discounted to least.
Raymond Terrace, 2324’s gross rental yield is 5.09%
Giving property investors a a stable capital gain of 6.90% for the last year, Raymond Terrace, 2324 is the 381th highest performer in Australia in this respect.
While Raymond Terrace,2324 ranked number 99th in NSW for increase in median house value (annualised) increase, it is ranked 162th over the last 5 years.
Property buyers and investors in Raymond Terrace 2324 should be seeing an average reduction in asking price of around -4.04% . This means that Raymond Terrace is holding prices well when compared to other suburbs in NSW.
Raymond Terrace, 2324’s gross rental yield is 5.34%
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Raymond Terrace, NSW – Good prices and high yield
Median unit price: $275,000
Three-year growth: 14.6%
Rental yield: 5.9%
Established in the early 1800s, the suburb of Raymond Terrace in the Hunter Region of NSW is situated roughly 26km from Newcastle. It serves as the administrative centre of the Port Stephens LGA.
The surrounding rural pockets pool into Raymond Terrace, which contains many amenities including a shopping hub comprising two shopping centres and three major supermarkets. The schools here include St Brigid’s Catholic, Raymond Terrace Public, Grahamstown Public, Irrawang High School and Hunter River High School. Hunter Valley Buses take commuters to and from Newcastle station, while Port Stephens Coaches facilitate travel to Nelson Bay and Sydney.
Units are very reasonably priced for buyers on a budget, and such properties offer strong returns of 5.9%.