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Raymond Terrace suburb profile

Raymond Terrace is a historic town located in the Hunter Region of New South Wales, approximately 26km north of Newcastle. Known for its charming heritage buildings and scenic riverside setting along the Hunter and Williams Rivers, the suburb offers a blend of rural tranquility and urban convenience. Raymond Terrace serves as a regional hub with a variety of shopping, dining, and recreational facilities, catering to both locals and visitors. Its proximity to major transport routes and natural attractions, such as the Hunter Valley wine region, makes it an appealing destination for families and retirees seeking a relaxed lifestyle.

Raymond Terrace property market performance

Property growth+9.8%Past 12 months

Raymond Terrace’s property market has shown strong growth over the past 12 months, with house values climbing by 12.2% to a median price of $776,000. Although no units were sold, unit values increased by 6.7%. The suburb saw 69 houses sold over the past year, while unit sales were limited to 8, indicating a stronger market preference for houses.

Properties have been selling fairly quickly, with houses experiencing a median of 20 days on the market compared to 24 days for units. This suggests a healthy demand across both property types, particularly for houses.

The rental market in Raymond Terrace has also been buoyant, with house rents increasing by 5.3% and unit rents by 8.7% over the last 12 months, reflecting strong rental demand.

HousesUnits
Median price
Past 3 months
$798KN/A
Change in value
Past 12 months
11.3%8.3%
Sold
Past 3 months
717
Median days on market
Past 12 months
2121
Average rent
Past 12 months
$600$510
Change in rent
Past 12 months
3.4%6.3%

5 year median price trend for houses and units

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Raymond Terrace demographics

Raymond Terrace, located in the Hunter Region of New South Wales, is a suburb that offers a blend of suburban comfort and regional charm. With a population of 13,453, it is a community that balances family life with the conveniences of modern living. The median age of 37 suggests a mature population, with many residents likely to be families and working professionals who appreciate the suburb's relaxed pace and community-oriented atmosphere.

The suburb's housing landscape is diverse, with a significant portion of properties being rented, accounting for 40.5% of the housing market. This indicates a flexible living environment, appealing to both transient residents and those seeking long-term settlement. Meanwhile, 26.7% of homes are owned outright, and 32.7% are owned with a mortgage, reflecting a stable property market with opportunities for both new buyers and established homeowners.

Family dynamics in Raymond Terrace are varied, with couple families with children making up 36.4% of the population, closely followed by couple families without children at 34.4%. One-parent families also form a significant part of the community, comprising 27.3% of families. This diversity in family structures contributes to a rich community fabric, supported by local amenities, schools, and recreational facilities that cater to a wide range of needs and lifestyles.

Suburbs near Raymond Terrace

Some popular suburbs near Raymond Terrace include:

  • Heatherbrae: Known for its industrial areas and proximity to the Pacific Highway, Heatherbrae is located directly south of Raymond Terrace.
  • Tomago: Featuring a significant industrial presence with large manufacturing facilities, Tomago lies to the southeast of Raymond Terrace.
  • Woodberry: A residential suburb with a strong community feel, Woodberry is situated to the southwest of Raymond Terrace.
  • Brandy Hill: Known for its rural lifestyle and spacious properties, Brandy Hill is located to the northwest of Raymond Terrace.
  • Beresfield: Offering a mix of residential and industrial areas with good transport links, Beresfield is situated to the southwest of Raymond Terrace.

How does Raymond Terrace compare to nearby suburbs?

  • Median house prices: Raymond Terrace’s median house price is 7.4% higher than Woodberry’s.
  • House price growth: Property prices in nearby Woodberry have risen 3.5% more than in Raymond Terrace over the past year.
  • Selling speed for houses: Properties in nearby Woodberry are selling 33.3% faster than in Raymond Terrace.

Choose the right real estate agents in Raymond Terrace

There are 51 real estate agents in Raymond Terrace, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 63.9% of all sales in the past year.

Commission rates in Raymond Terrace typically range from 2.29% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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