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Sold on 20 Sep 2024 - Price Unavailable

7 Gwen Parade
Raymond Terrace NSW 2324

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 626m2
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Property Details for 7 Gwen Pde, Raymond Terrace

7 Gwen Pde, Raymond Terrace is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 626m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Raymond Terrace in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
95m2
Land Size
626m2
Local Government
Port Stephens
Lot/Plan
19/DP28697

Last Listing description (July 2024)

A block approximately 626sqm holds a quaint 3 bedroom home ideal for a downsizer, investor or first home buyer.

Located in a quiet street of Raymond Terrace there are ample features that will impress including a large block size to leave room for the kids to run around.

A short drive to the Raymond Terrace CBD leaves you close to schools, public transport, shops and all the essentials.

Key features include:
- Three spacious bedrooms all with built ins and ceiling fans
- Reverse cycle air conditioning in the lounge room.
- The kitchen features an upright stove, rangehood and a space for a dishwasher.
- The centrally located bathroom has a shower , vanity, and toilet.
- Electric fire place in the loungeroom
- Polished timber floors.
- Second toilet space
- Good size laundry.
- Single garage

With the tenants currently in a lease until mid June paying $480 per week, the new buyer has the opportunity to continue to rent the property and move it to a market rate of $500-$550 per week or to occupy the home yourselves.

Either way this house will be a very smart investment!

Property History for 7 Gwen Pde, Raymond Terrace, NSW 2324

A timeline of how this property has performed in the market
Last Sold
20 Sep 2024
Listed for Rent
$330/w
17 Aug 2013
  • 20 Sep 2024
    Sold for $530,000
  • 20 Mar 2024
    Listed for Sale MAKE AN OFFER
  • 05 Jul 2013
    Listed for Rent $330 / 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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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.