SOLD
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Sold on 20 Dec 2023 for $499,000

1/2A Smiths Lane
Raymond Terrace NSW 2324

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 1/2a Smiths Lane, Raymond Terrace

1/2a Smiths Lane, Raymond Terrace is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. 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/SP84974

Last Listing description (December 2023)

Beautifully maintained modern duplex conveniently located close to the heart of town, boasting a low maintenance and easy lifestyle this property offers the perfect blend of comfort and style.

Key Features:
- Two Bedrooms, both offering built in robes, master bedroom has a ceiling fan and en-suite

- Well-appointed modern kitchen complete with electric appliances and dishwasher
- Open plan lounge and dining room with a ceiling fan and reverse cycle air conditioning
- Spacious all in one main bathroom offering separate bath and shower
- Large covered alfresco area providing ample room to entertain or relax
- Double lock up garage with auto door, reverse cycle air conditioning and internal access
- Fully fenced back yard
- Self-managed strata

Being tucked away you will enjoy the tranquility and privacy of your own space while still having easy access to a range of amenities including shops, local schools, parks and public transportation.

Water rates approximately $756 per annum
Building insurance approximately $900 per annum
For the investor you can expect a return of approximately $450 - $480 per week
Year built - 2008
Strata Title - Self-managed between two parties

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.

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Property History for 1/2a Smiths Lane, Raymond Terrace, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$499,000
20 Dec 2023
Listed for Rent
$370/w
10 Mar 2016
  • 20 Dec 2023
    Sold for $499,000
  • 29 Nov 2023
    Listed for Sale $499,000 - $520,000
  • 10 Oct 2022
    Listed for Sale $480,000 - $520,000
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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 6,667 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 50 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.

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