SOLD
RECENT ADVICE
Sold on 25 Oct 2024 for $450,000

1/179 Adelaide Street
Raymond Terrace NSW 2324

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/179 Adelaide St, Raymond Terrace

1/179 Adelaide St, Raymond Terrace is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Raymond Terrace in the last 12 months.

Building Type
Unit
Local Government
Port Stephens
Lot/Plan
1/SP36574

Last Listing description (October 2024)

Discover the perfect blend of convenience and comfort with this spacious unit located just moments from the CBD. Situated in a small, safe, and quiet complex of only 12 units, this property offers an excellent opportunity for first-time buyers, savvy investors, or those looking to downsize without compromising on space. Currently tenanted at $475 per week until November 4, 2024, this unit is a smart investment in a sought-after location.

Key Features:

Two Well-Appointed Bedrooms: Each bedroom comes with built-in robes and ceiling fans

Versatile Open-Plan Living Area: A spacious, open-plan design with reverse cycle air conditioning and a ceiling fan
Stylish Modern Kitchen: The kitchen is beautifully updated with contemporary finishes and ample storage, catering to all your culinary needs.
Spacious Main Bathroom: The all in one main bathroom is large and functional
Secure Parking: A single lock-up garage provides secure parking and additional storage
Low-Maintenance Outdoor Area: A concrete outdoor space that’s easy to maintain
Visitor-Friendly Complex: The complex includes visitor parking, ensuring your guests are always welcome.

Whether you're looking to enter the property market, secure a solid investment, or downsize in style, this unit ticks all the boxes. With its prime location, low-maintenance lifestyle, and existing tenant in place, it's an opportunity not to be missed.

Council/water rates approximately - $2,041 per annum
Strata Levies approximately - $2,040 per annum
Year built – 1990
Rental Return: $475 per week

This information has been provided to us by third parties and we do not accept responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice is necessary.

Property History for 1/179 Adelaide St, Raymond Terrace, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$450,000
25 Oct 2024
Listed for Rent
$475/w
23 Apr 2024
  • 25 Oct 2024
    Sold for $450,000
  • 23 Aug 2024
    Listed for Sale $450,000 - $470,000
  • 17 Apr 2024
    Listed for Rent $475 / week
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About Raymond Terrace 2324

The size of Raymond Terrace is approximately 33.8 square kilometres. It has 27 parks covering nearly 34.7% of total area. The population of Raymond Terrace in 2011 was 12,724 people. By 2016 the population was 12,788 showing a population growth of 0.5% in the area during that time. The predominant age group in Raymond Terrace is 0-9 years. Households in Raymond Terrace are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raymond Terrace work in a trades occupation. In 2011, 58.9% of the homes in Raymond Terrace were owner-occupied compared with 57% in 2016.

Raymond Terrace has 6,667 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 70.56% increase in median value, while Units have seen a 60.75% increase. As at 30 September 2024:

  • The median value for Houses in Raymond Terrace is $584,452 while the median value for Units is $448,842.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 46 properties listed for sale, and 13 properties listed for rent in Raymond terrace on OnTheHouse. According to CoreLogic's data, 242 properties were sold in the past 12 months in Raymond terrace.

Suburb Insights for Raymond Terrace 2324

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Lauren Hair
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STEVE BATES REAL ESTATE
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.