AREA REPORTS

Raymond Terrace

 

 

NSW/
Raymond terrace

Suburb Profile

Raymond Terrace - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2324

house
unit

RAYMOND TERRACE, 2324 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling RAYMOND TERRACE, 2324 values up and netting property investors a capital gain of 6.47% for the past year.

Investors saw the median home price rise to $395,000.

Profits due to an upward trend in home prices in the suburb averaged 9.84% per annum over a 3-year period.

RAYMOND TERRACE now ranks at the th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in RAYMOND TERRACE are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $370 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In RAYMOND TERRACE, homes and units usually stay on listing for an average of 59.7 days.

In 2016, 277 properties were sold in RAYMOND TERRACE during the past year, making it the 738th most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $395,000 $285,000
GROWTH REPORT
Median Quarterly 0% 0.88%
Median 12 month 6.47% 12.65%
Median 3 years 29.51% 25%
Median 5 years 33.9% 39.71%
10 years average annual 4.36% 4.52%
Weekly media advert. rent $370 $300
Time on Market 59.7 days 68.5 days
Gross Rental Yield Percent 4.87% 5.47%
demographics (median values)
Total Population
12219
Weekly Household Income
782.2
Household Size
2.60
demographics
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