An Affordable Opportunity with Room to Grow

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46 Pennington Street, Raymond Terrace NSW 2324

$700,000 To $750,000

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$750k - $788k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 2 Cars 563 m²

Listed: 23 hours ago

Overview

This well-maintained three-bedroom residence is set on a generous 562.8 square meter block, offering a solid foundation with scope for future enhancements. Built-in wardrobes in each bedroom provide practical storage solutions that complement the home's comfortable layout. Recent renovations to the bathroom lend a contemporary feel, while the mix of timber flooring in the bedrooms, tiled kitchen and dining areas, and carpeted lounge reflect thoughtful zoning of living spaces for varied activities and comfort.

For outdoor enthusiasts or those who enjoy entertaining, the ample backyard and dedicated outdoor area present an inviting space for gatherings or personal relaxation. Enhancing the property's functionality is a double lock-up garage equipped with a built-in workshop, ideal for hobbyists or those requiring additional workspace. Side access to the block further adds to the utility, accommodating vehicles, trailers, or additional storage needs.

Energy-conscious features include solar panels that likely contribute to reduced power costs, an attractive attribute for budget-minded residents. The home is positioned for convenience with proximity to local sporting fields, retail outlets, and established hospitality venues, ensuring residents enjoy community amenities within easy reach.

This property represents a compelling opportunity for first-home buyers or families seeking affordability coupled with potential for personalization and growth in a stable Raymond Terrace neighborhood. Its combination of practical interior updates, spacious outdoor environs, and accessible location underscores its value as a welcoming home with solid future prospects.

Local Market Insights

In Raymond Terrace, Quiet Listings observed 37 new houses entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $932,878. The property type mix of listed properties is predominantly Houses at 65%, followed by land (18%), and units (8%). The most active agency for houses in the Raymond Terrace area is currently Dowling Real Estate Raymond Terrace, representing 35% of new listings, followed by Ray White with 16%. 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.