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Overview
This Raymond Terrace residence stands out as a secure and low-maintenance investment opportunity within a growing Hunter region suburb. Leased to Defence Housing Australia (DHA), it provides reliable government-backed rental income, offering investors peace of mind and stability in their portfolio.
The home is designed to appeal to families and professionals alike, boasting a practical layout with multiple living spaces and quality finishes. Its modern construction and low upkeep grounds contribute to ongoing ease of management. The double lock-up garage with internal access and ample additional parking ensures convenience for residents and guests.
Positioned in a well-established, high-demand residential estate, this 4-bedroom, 2-bathroom house incorporates thoughtful features such as a master suite with walk-in robe and ensuite, spacious open plan dining and family area connecting to an outdoor patio, plus an additional separate carpeted living room. Comfort is enhanced through split system air conditioning and ceiling fans in several rooms alongside a fully fenced yard and undercover entertainment area, ideal for casual outdoor enjoyment.
The suburb benefits from significant infrastructure upgrades, including the Hexham and Raymond Terrace bypass, which has dramatically improved accessibility to Newcastle, Maitland, Newcastle Airport, and major transport links, positioning the area for future growth and broader tenant appeal.
Investors will appreciate the DHA lease terms, inclusive of periodic rent reviews, maintenance coverage primarily by DHA, and no re-letting fees, assuring a hassle-free income stream until the lease's expected extension to August 2030. Council and water rates are modest, supporting overall affordability.
Overall, this property offers a compelling combination of location, tenant security, and functional design, making it an attractive option for SMSF investors or those seeking a long-term investment with government tenancy and growth potential in a strategically connected suburb.
Local Market Insights
In Raymond Terrace, Quiet Listings observed 51 new houses entering the market over the last 30 days, down from 74 during the previous 30-day period, with an average advertised asking price of $1,262,546. The property type mix of listed properties is predominantly Houses at 69%, followed by land (12%), and villas (6%). Myall Coast Realty was the most active agency in this area, representing 64.5% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Raymond Terrace NSW 2324
Market Insights for Raymond Terrace NSW 2324
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