OFF MARKET

7/7 Watson Place
Raymond Terrace NSW 2324

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 171m2
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Property Details for 7/7 Watson Pl, Raymond Terrace

7/7 Watson Pl, Raymond Terrace is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 171m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1990
Floor Size
94m2
Land Size
171m2
Local Government
Port Stephens
Lot/Plan
7/SP83569

Last Listing description (January 2022)

A PRIVATE POSITION

Tucked away in a quiet cul-de-sac in Lakeside within a small complex of just nine, this spacious two bedroom unit is all you need to downsize or generate an immediate return.

Open plan living provides a spacious and versatile living space highlighted by oversized windows

to capture the afternoon breeze in summer or soak in the sunlight during the cooler months. The lovely roomy kitchen provides ample storage and bench space.

Two spacious bedrooms both with built-in robes and ceiling fans share use in the family bathroom offering a bathtub and separate toilet.

A single lock-up garage with internal access makes life all that much more convenient on top of a private and secure backyard.

For the investor a fantastic long term tenant in place currently paying $300 per week while you strata/water/rates total $4,687 per annum.

An ideal opportunity for investors seeking a low maintenance return.

Property History for 7/7 Watson Pl, Raymond Terrace, NSW 2324

A timeline of how this property has performed in the market
Last Sold
$330,000
09 Sep 2021
  • 09 Sep 2021
    Sold for $330,000
  • 14 Jul 2021
    Listed for Sale $330,000
  • 18 Jan 2013
    Sold for $217,000

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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 6,725 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 18 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.