SOLD
Sold on 12 Mar 2024 for $380,000

34 Milkhouse Drive
Raymond Terrace NSW 2324

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 742m2
Sold By
Joe Di Claudio
Dowling Property Group Mayfield
Save

Property Details for 34 Milkhouse Dr, Raymond Terrace

Building Type
Land
Land Size
742m2
Local Government
Port Stephens
Lot/Plan
824/DP1274542

Last Listing description (March 2024)

This is a terrific opportunity to secure a great site for your future. Located within the popular Potters Lane Estate, this vacant, unimproved land (742sqm) on a lightly sloping site with wide 18m street frontage, in a premium position. This is YOUR chance to build the family home of your dreams.

Key Features:
In a quiet, serene location within the new Potters Lane Development

Ready to welcome a brand new build; ideal for single or two-storey dwellings (STCA)
Perfect for a duplex with 18m street frontage (STCA)
Just a short drive to parks, shopping centres, restaurants, the freeway and the William River
Nature reserve adjacent to the property, with northerly facing rural aspect
Completed soil testing and bushfire reports available upon request
Approximate travel times; Newcastle – 30 minutes, Newcastle Airport – 20 minutes, Nelson Bay – 40 minutes, Sydney – 2 hours

Property History for 34 Milkhouse Dr, Raymond Terrace, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$380,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $380,000
  • 13 May 2021
    Sold for $325,000
  • 29 Apr 2021
    Listed for Sale $325,000

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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 70.56% increase in median value, while Units have seen a 60.75% increase. As at 30 September 2024:

  • The median value for Houses in Raymond Terrace is $584,452 while the median value for Units is $448,842.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 46 properties listed for sale, and 13 properties listed for rent in Raymond terrace on OnTheHouse. According to CoreLogic's data, 244 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.