SOLD
RECENT ADVICE
Sold on 11 Jun 2024 for $800,000

1/1A Kinross Street
Raymond Terrace NSW 2324

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Floor area: 112m2
Land area: 651m2
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Property Details for 1/1a Kinross St, Raymond Terrace

1/1a Kinross St, Raymond Terrace is a 5 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 651m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in Raymond Terrace in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
112m2
Land Size
651m2
Local Government
Port Stephens

Last Listing description (July 2024)

Live in one and rent the other. Or continue to rent both out, currently achieving a robust rental return of $930 per week.
A smartly renovated brick and tile three-bedroom house as well as a modern 2 bedroom home positioned on a corner block, offering excellent access points and space to both homes.

1: Enjoy a spacious living, dining, and kitchen area with corner windows allowing natural light with reverse cycle air conditioning.

Three generously sized bedrooms share use of the updated bathroom and combined laundry. The fully fenced backyard is a blank canvas for your outdoor vision, with ample room for children and pets to play.
Benefit from a double carport, large storage shed and backyard access for your caravan, boat, or trailer.
Current rental return: $510 per week, expired lease.

1A: Built in 2019, the second dwelling is a contemporary residence boasts two good-sized bedrooms with built-in robes and ceiling fans.
Enjoy convenience in the spacious, all-in-one bathroom.
Open plan living, dining, and kitchen area featuring reverse cycle air conditioning.
Seamlessly integrated into the modern kitchen with dishwasher, the European laundry enhances the overall efficiency of the space.
An off-street carparking space, secure yard with a lawn locker & water tank completes this modern living space.
Current rental return: $420 per week, expired lease.

Whether you're a savvy investor or seeking a home with supplementary income, 1 & 1A Kinross St offers the perfect blend of comfort, convenience and financial potential.
Located just 1.4 kms to Raymond Terrace CBD, ensuring you are close to shopping, dining, amenities and public transport. Contact us now to schedule a private viewing.

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 if necessary.

Property History for 1/1a Kinross St, Raymond Terrace, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$800,000
11 Jun 2024
  • 11 Jun 2024
    Sold for $800,000
  • 05 Dec 2023
    Listed for Sale $840,000 - $870,000

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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 6,716 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 73.66% increase in median value, while Units have seen a 56.95% increase. As at 31 July 2024:

  • The median value for Houses in Raymond Terrace is $582,051 while the median value for Units is $423,929.
  • Houses have a median rent of $550 while Units have a median rent of $430.
There are currently 33 properties listed for sale, and 14 properties listed for rent in Raymond terrace on OnTheHouse. According to CoreLogic's data, 258 properties were sold in the past 12 months in Raymond terrace.

Suburb Insights for Raymond Terrace 2324

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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.