SOLD
RECENT ADVICE
Sold on 08 Mar 2024 for $369,000

2/87 Benjamin Lee Drive
Raymond Terrace NSW 2324

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/87 Benjamin Lee Dr, Raymond Terrace

2/87 Benjamin Lee Dr, 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 March 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
2/SP45100

Last Listing description (March 2024)

This property is situated in the middle of a 3 unit complex, with 2 bedrooms, air conditioned lounge, single garage and bathroom with bathtub and shower, it is the perfect home for a retired couple or young starters. The property is only a short walk to the Lakeside Village shopping centre with tavern, supermarket, bakery, chemist and more. Grahamstown public school and Irrawang High School are just around the corner and the leisure centre is a 2 minute drive away, with public transport at your doorstep this is one not to be missed for lifes conveniences. For the investor you would expect an estimated rental return of $400 per week.

Property Features:

• Reverse cycle air conditioned lounge room

• 2 carpeted bedrooms with double built-in robes

• Kitchen with ample storage

• Vinyl dining room

• Family bathroom with bathtub and shower

• Laundry with internal and external access

• Linen hallway storage cupboard

• Single garage with internal access

• Rear courtyard

• Front yard area serviced by the strata lawn care services

(STRATA BY-LAWS APPLY TO THIS PROPERTY)

DISCLAIMER: This advertisement contains information provided by their parties. While all care is taken to ensure otherwise, Dowling Real Estate Medowie, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.

Property History for 2/87 Benjamin Lee Dr, Raymond Terrace, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$369,000
08 Mar 2024
Listed for Rent
$380/w
21 Mar 2022
  • 19 Feb 2024
    Sold for $370,000
  • 20 Mar 2023
    Listed for Sale $419,000
  • 21 Mar 2022
    Listed for Rent $380 / 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 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.

Suburb Insights for Raymond Terrace 2324

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Kyra Wright
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Greg Brown
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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.