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Overview
Situated on a generous 640sqm block in the family-friendly suburb of Raymond Terrace, this solid brick, single-level house provides exceptional versatility and investment potential. Currently leased at $600 per week with lease until September 2026, it offers a steady income stream while waiting for its next owner to move in or renovate.
The home's layout features three well-proportioned bedrooms that accommodate comfortable living. The tidy, functional kitchen is equipped with a dishwasher, complementing the spacious lounge room that benefits from a slow combustion log fireplace — ideal for cosy, relaxing winters. A split-system air conditioner ensures comfort throughout the year.
Outdoor living is well catered for with a covered alfresco area perfect for entertaining or unwinding after a day’s work. The secure gated undercover carport ensures safe and off-street parking, while the expansive grassed backyard provides ample space for children and pets to play freely.
This property appeals to investors seeking a set-and-forget investment with immediate returns, as well as first home buyers or families planning for the future. The solid construction and spacious block also present an excellent opportunity for those wanting to renovate and add further value.
- Sturdy brick construction offers durability and low maintenance
- Leased investment providing immediate rental income until 2026
- Functional kitchen with modern appliances included
- Cozy living area with a log fireplace for winter warmth
- Year-round climate control with air conditioning
- Covered outdoor entertaining space for social gatherings
- Secure gated carport providing off-street parking
- Large backyard suitable for various family activities
- Ideal for investors, downsizers or families starting out
- Potential for future renovation to increase property value
This property combines practicality with potential, offering flexibility in lifestyle and investment with room to make it your own.
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.
Change History
| Headline | When |
|---|---|
| $749,950 | |
| List Price $740,000-$780,000 |
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
This property has had 3 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.
Location
Raymond Terrace NSW 2324
Market Insights for Raymond Terrace NSW 2324
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