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Raymond Island
VIC, 3880 - East Gippsland

Thinking about buying in Raymond Island? Now could not be a better time, with 682 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $617,000 with prices in this suburb ranging from $151,000 to $1,834,000.

Distance to the coast is 2 Km.

Properties for sale in Raymond Island

Household Makeup

Median Weekly Rent $314.71
Median Monthly Mortgage $1256.00
Median Persons Per Bedroom 0.69
Average Household Size 2.14
Average Age 60.43
Average Income $599.14
Average Cars Per Dwelling 1.82
Average Properties Within 50M 6

Average Property Prices

1 Bed $281,000
2 Bed $464,000
3 Bed $658,000
4 Bed $758,000
5 Bed $841,000
6 Bed+$1,607,000
Instant Property Valuation

Raymond Island Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Raymond Island driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Raymond Island due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Raymond Island changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Raymond Island to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Raymond Island the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Housing Stock

Houses for sale Raymond Island

Elders 35 SIXTH AV, RAYMOND ISLAND, VIC, 3880 Beds3 Bathrooms2 Parking 2 $562,000
Elders 31 GRAVELLY POINT RD, RAYMOND ISLAND, VIC, 3880 Beds Bathrooms $450,000
LJ Hooker 193 WESTERN BVD, RAYMOND ISLAND, VIC, 3880 Beds4 Bathrooms2 Parking 5 $1,245,000
LJ Hooker 183 WESTERN BVD, RAYMOND ISLAND, VIC, 3880 Beds3 Bathrooms2 Parking 4 $900,000
LJ Hooker 3 THIRD PDE, RAYMOND ISLAND, VIC, 3880 Beds5 Bathrooms2 Parking 2 $825,000

Local Schools

Paynesville Primary School

(While the above schools are located with the suburb of Raymond Island there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Raymond Island weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.413.626.744.492.84.223.5
Feb1.513.726.048.594.64.219.9
Mar1.812.124.248.694.73.915.8
Apr1.89.321.051.295.23.512.4
May1.26.417.853.093.63.89.1
Jun1.74.315.058.094.43.67.7
Jul1.34.315.152.992.34.08.2
Aug1.34.615.949.192.54.310.6
Sept1.46.018.645.893.54.515.0
Oct2.1820.548.593.94.219.2
Nov2.310.122.647.094.04.322.4
Dec2.112.124.944.893.64.425.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

PaynesvilleBoole PooleNewlands ArmEagle PointBanksia PeninsulaBroadlandsOcean GrangeMetungForge CreekEast Bairnsdale

Public Transport


General Points of Interest

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