SOLD
Sold on 21 May 2024 for $350,000

40 Joseph Sheen Drive
Raymond Terrace NSW 2324

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 839m2
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Property Details for 40 Joseph Sheen Dr, Raymond Terrace

40 Joseph Sheen Dr, Raymond Terrace is a 0 bedroom, 0 bathroom House. The property has a land size of 839m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom House sold in Raymond Terrace in the last 12 months.

Building Type
House
Land Size
839m2
Local Government
Port Stephens
Lot/Plan
413/DP1221430

Last Listing description (April 2023)

Take advantage of the stunning view on offer and build your dream home or investment property in a central location, close to schools, public transport, shops, and sporting complex.

Set on 872m2, this large block of land is situated in a great part of town, surrounded by established homes and only 5-minutes to the CBD.

Key features include:

- Power, water, sewer and NBN available.
- Uninterrupted rural view.
- Battle axe block will create loads of privacy once the house is built, and fences installed.
- Footpath at the rear of the property for walking and bike riding.
- Family friendly neighbourhood.

Call us today for more information.

Council rates: $246 per quarter.

Approximate travel time
Newcastle (30 minutes).
Newcastle Airport (18 minutes).
Nelson Bay (40 minutes).
Sydney (2 hours).

AGENT DECLARES INTEREST.

Disclaimer: "We have obtained all information in this document from sources we believe to be reliable, however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations".

Property History for 40 Joseph Sheen Dr, Raymond Terrace, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$350,000
21 May 2024
  • 21 May 2024
    Sold for $350,000
  • 28 Mar 2023
    Listed for Sale $370,000 - $400,000

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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 6,719 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 74.70% increase in median value, while Units have seen a 56.13% increase. As at 31 August 2024:

  • The median value for Houses in Raymond Terrace is $598,312 while the median value for Units is $432,818.
  • Houses have a median rent of $550 while Units have a median rent of $430.
There are currently 32 properties listed for sale, and 20 properties listed for rent in Raymond terrace on OnTheHouse. According to CoreLogic's data, 257 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.