OFF MARKET

5/8 Seventh Parade
Raymond Island VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 178m2
Land area: 313m2
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Property Details for 5/8 Seventh Pde, Raymond Island

5/8 Seventh Pde, Raymond Island is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 2005. The property has a land size of 313m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in January 2005.

Building Type
House
Year Built
2005
Floor Size
178m2
Land Size
313m2
Local Government
East Gippsland
Lot/Plan
1/PS510101

Last Listing description (August 2017)

'Orana' - an architect designed town house, located on the waterfront reserve, is part of the very popular North Point development on the Island. The large open living area DOWNSTAIRS features a modern kitchen, dining & living areas, bathroom, laundry, bedroom, timber floors, floor to ceiling windows and sliding doors opening on to a wide, sheltered deck with magnificent water views down McMillan Strait to Lake King & the mountains beyond. A stylish staircase leads to UPSTAIRS: 2 double bedrooms, sitting room/study, balcony & bathroom. OUTSIDE: carport and boat shed. PRICED TO SELL!! FURNITURE PACKAGE & JETTY BERTH AVAILABLE. NOTE: The coastal villages of Raymond Island & Paynesville are becoming increasingly popular with people planning to re-locate for their impending retirement, families wishing to live on the waterfront & holiday home buyers/investors. These people have discovered the Gippsland Lakes & note that the trip from Melbourne & other areas is much shorter these days.

Property History for 5/8 Seventh Pde, Raymond Island, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$612,000
28 Jan 2005
  • 07 Sep 2016
    Listed for Sale $657,500
  • 28 Jan 2005
    Sold for $612,000

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About Raymond Island 3880

The size of Raymond Island is approximately 25.3 square kilometres. It has 2 parks. The population of Raymond Island in 2011 was 540 people. By 2016 the population was 538 showing a population decline of 0.4% in the area during that time. The predominant age group in Raymond Island is 60-69 years. Households in Raymond Island are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Raymond Island work in a professional occupation. In 2011, 80.4% of the homes in Raymond Island were owner-occupied compared with 87.7% in 2016.

Raymond Island has 610 properties. Over the last 5 years, Houses in Raymond Island have seen a 54.17% increase in median value, while Units have seen a 64.46% increase. As at 31 October 2024:

  • The median value for Houses in Raymond Island is $536,574 while the median value for Units is $475,476.
  • Houses have a median rent of $235.
There are currently 12 properties listed for sale, and no properties listed for rent in Raymond island on OnTheHouse. According to CoreLogic's data, 20 properties were sold in the past 12 months in Raymond island.

Suburb Insights for Raymond Island 3880

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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.