SOLD
Sold on 29 Oct 2024 for $403,000

1 Kangaroo Street
Raymond Terrace NSW 2324

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 65m2
Land area: 352m2
Sold By
PRD Hunter Valley
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Property Details for 1 Kangaroo St, Raymond Terrace

1 Kangaroo St, Raymond Terrace is a 0 bedroom, 0 bathroom House and was built in 1970. The property has a land size of 352m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 0 bedroom House sold in Raymond Terrace in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
65m2
Land Size
352m2
Local Government
Port Stephens
Lot/Plan
1/DP38423

Last Listing description (November 2024)

The land itself holds the coveted E3 Productivity Support zoning.
This zoning opens up a world of possibilities, allowing for commercial and residential opportunities and catering to various needs and preferences.
Pending council DA, you can knock down and rebuild a set of offices or commercial buildings if you wish.

LOCATION, LOCATION is what this property is all about.
Loads of exposure for any business and earning rental income while waiting for your commercial approval.

Perfectly positioned in a central location, this property effortlessly allows you to walk to nearby shops and cafes and benefit from excellent bus transport options. The convenience doesn't stop there-a short drive will take you to prominent destinations like East Maitland, Newcastle, Williamtown, and Port Stephens, ensuring accessibility to a wide range of amenities.
The prime location adds to its allure, making it ideal for those seeking a versatile space with convenience in mind.
The property features an original three-bedroom weatherboard home, offering a cozy and welcoming atmosphere. It is situated on a corner block and boasts high exposure. This property is an attractive option for those seeking visibility in a business setting. With its versatile features, it represents a convenient and appealing opportunity for either living or investment purposes.

** Rental potential $400 - $430 per week

For more information, please call Cathy Cattell and her team!

Property History for 1 Kangaroo St, Raymond Terrace, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$403,000
29 Oct 2024
  • 29 Oct 2024
    Sold for $403,000
  • 14 Mar 2024
    Listed for Sale Not Disclosed
  • 29 Dec 2023
    Sold
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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 6,726 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 63.83% increase in median value, while Units have seen a 79.78% increase. As at 30 November 2024:

  • The median value for Houses in Raymond Terrace is $565,330 while the median value for Units is $463,098.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 40 properties listed for sale, and 19 properties listed for rent in Raymond terrace on OnTheHouse. According to CoreLogic's data, 260 properties were sold in the past 12 months in Raymond terrace.

Suburb Insights for Raymond Terrace 2324

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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.