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Raworth suburb profile

Raworth is a picturesque suburb located in the Hunter Region of New South Wales, offering a serene and family-friendly environment. Situated near the historic town of Morpeth, Raworth provides residents with a peaceful rural lifestyle while still being within easy reach of Maitland and Newcastle. The suburb is characterized by its spacious properties, modern homes, and scenic landscapes, making it an attractive choice for families and retirees. With its close-knit community, local parks, and proximity to the Hunter River, Raworth offers a tranquil yet convenient living experience for those seeking a balance between nature and accessibility.

Raworth property market performance

Current median dwelling price$704,500Past 3 months

Property growth+3.7%Past 12 months

Raworth has experienced a positive shift in its property market over the past 12 months, with house values increasing by 12.3%. The suburb saw a total of 9 houses sold, indicating a selective yet robust house market, while unit sales recorded just 1 sale with no change in value. Houses stayed on the market for a median of 63 days, highlighting some hesitation among buyers.

In terms of rentals, Raworth's house rental market saw a rise of 6.7%, with an average rent reaching $640, reflecting a strong demand despite unit rentals remaining unchanged.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
8.8%N/A
Sold
Past 3 months
81
Median days on market
Past 12 months
63N/A
Average rent
Past 12 months
$650N/A
Change in rent
Past 12 months
8.3%N/A

5 year median price trend for houses and units

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Raworth demographics

Raworth, located in the Hunter Region of New South Wales, is a charming suburb that offers a blend of suburban tranquility and family-friendly living. With a population of 2,094, Raworth is a tight-knit community that appeals to families and individuals seeking a peaceful lifestyle away from the hustle and bustle of larger cities. The median age of 36 suggests a balanced mix of young families and established residents, contributing to a vibrant community atmosphere.

The suburb is characterized by a high percentage of couple families with children, making up 51.7% of the population, which highlights its appeal to families looking for a supportive environment to raise children. Additionally, 33% of the households are couple families without children, indicating a diverse demographic that includes both young couples and empty nesters. The presence of one-parent families at 14.4% further adds to the suburb's inclusive and varied community fabric.

In terms of property ownership, Raworth shows a strong inclination towards homeownership, with 29.3% of properties owned outright and 43.2% owned with a mortgage. This reflects a stable housing market and a commitment to long-term residency among its inhabitants. The rental market, comprising 27.5% of the housing, provides options for those seeking flexibility or transitioning into homeownership. With its family-oriented environment, Raworth offers a serene and welcoming setting for residents to enjoy a balanced and fulfilling lifestyle.

Suburbs near Raworth

Some popular suburbs near Raworth include:

How does Raworth compare to nearby suburbs?

  • Median house prices: Raworth’s median house price is 2.5% higher than Tenambit’s.
  • Median unit prices: Raworth’s median unit price is 2.9% higher than East Maitland’s.
  • House price growth: Over the past 12 months, house prices in Raworth have grown 3.7% higher than in Largs.
  • Unit price growth: Property prices in nearby East Maitland have risen 1.4% more than in Raworth over the past year.
  • Selling speed for houses: Properties in nearby Morpeth are selling 12.7% faster than in Raworth.

Choose the right real estate agents in Raworth

Choosing the right real estate agent in Raworth can have a big impact on your sale. While there are 20 real estate agents working in the suburb, but just 5 of them were responsible for 44.4% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2.38% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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