FOR SALE
$575,000 - $595,000

55 Watt Street
Raymond Terrace NSW 2324

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 622m2
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ATTENTION INVESTORS! – SOLID INVESTMENT OPPORTUNITY

Discover this centrally located 3-bedroom brick and tile home, perfect for expanding your property portfolio. With long-term tenants in place, this property offers hassle-free investment potential. Current lease expires 20/06/2025.
Key Features:
Spacious Living: Walk into a generous lounge room featuring reverse-cycle air conditioning for year-round comfort.
Functional Kitchen: A U-shaped laminate kitchen flows seamlessly into the dining area.
3 bedrooms each comes with built-in robes, the main bedroom boasts an additional reverse-cycle air conditioner.
3-Way Bathroom: Enjoy convenience with a separate bath, shower, and toilet.
Outdoor Appeal: Fully fenced backyard with a lawn locker for added storage.
Practical Extras: Carport and a versatile storage area measuring 8 m x 5.8 m.
Centrally located:
Just 600m to Ampol Foodary for daily essentials.
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Property Details for 55 Watt St, Raymond Terrace

55 Watt St, Raymond Terrace is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 622m2. The place is currently for sale with Dowling Real Estate Raymond Terrace.

Building Type
House
Land Size
622m2

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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 6,666 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 60.72% increase in median value, while Units have seen a 69.34% increase. As at 31 October 2024:

  • The median value for Houses in Raymond Terrace is $552,529 while the median value for Units is $458,193.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 49 properties listed for sale, and 12 properties listed for rent in Raymond terrace on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Raymond terrace.

Suburb Insights for Raymond Terrace 2324

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Kim Hammond
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Liam Higgins
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Dowling Real Estate Raymond Terrace
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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.