Raymond Terrace, NSW 2324
Maitland City CouncilAll suburbs in postcode 2324
Updated
Median house price
$695,000
+8.7% over the past year.
Median of 254 house sales · NSW Valuer General · calendar 2025
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Raymond Terrace at a glance
- Median unit
- $463,500
- Weekly rent
- $600
- Houses · units $525
- Population
- 13.5k
- Median age 37
Prices: Median of 254 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2324), June 2026 · Population: 2021 Census
House prices in Raymond Terrace
Houses change hands at $695,000 on a typical sale, below the NSW median (254 house sales, NSW Valuer General, calendar 2025). Units come in around $463,500, roughly 33% below the house median. The last 12 months delivered strong growth (+8.7%), well clear of the long-run average for the state.
For sellers
Twelve-month growth is +8.7%, supporting confident pricing at the upper end of recent comparables.
For buyers
A 20% deposit on the median house works out to roughly $139,000. Prices are below the NSW median, which keeps Raymond Terrace on the radar for first-home buyers and right-sizers.
Rental data as of June 2026· NSW rental bond data (postcode 2324)
Free appraisal in Raymond Terrace
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What to know about Raymond Terrace
Raymond Terrace (2324) sits in the Maitland region of NSW. The median house here is $695,000, below the NSW median of around $1.10M. Prices have moved +8.7% over the past year, well clear of the NSW average (3%).
Raymond Terrace has roughly 13,453 residents, with a typical family-age mix. Households are a roughly even mix of owners and renters. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
Raymond Terrace scores 2/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 29°C (warm), winter mornings around 7°C (cool). Annual rainfall lands at about 1,033 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 6 government primary, 2 government secondary, 2 Catholic, 1 independent.
Schools in Raymond Terrace
Location
Walkability
- Walk
- 2/100
- Transit
- 0/100
- Bike
- 100/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Raymond Terrace's population at 13,453, with a median age of 37. That sits as a typical family-age mix. Households are a roughly even mix of owners and renters (58% own, 40% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (69% family households, 28% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 69%
- Lone person
- 28%
- Owner occupied
- 58%
- Renter occupied
- 40%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 4.49% (median rent $600/wk against a $695,000 price tag). Units yield 5.89% gross, often the better cash-flow play for first-time investors. With 40% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs. The 12-month growth of +8.7% adds a capital-growth case on top of the yield.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 4.49%
- On the $695,000 median
- Gross yield, unitsSource: NSW Valuer General (PSI) · Sept 2026
- 5.89%
- On the $463,500 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- +8.7%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
1,127 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 1,033 mm
- Hottest month, avg max
- 29.4°C
- Coldest month, avg min
- 7.1°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Raymond Terrace
- What is the median house price in Raymond Terrace?
- The median house price in Raymond Terrace, NSW 2324 is $695,000 (median of 254 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $463,500. Annual growth is +8.7%.
- How much is my house worth in Raymond Terrace?
- A useful starting point is the Raymond Terrace median house price of $695,000 (units $463,500). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Raymond Terrace a good investment?
- On the published figures, the gross rental yield on houses in Raymond Terrace is 4.5%: the median weekly house rent is $600 (NSW rental bond data (postcode 2324), June 2026) against the median house price of $695,000 (NSW Valuer General, calendar 2025). The median house price rose 8.7% over 12 months on the same NSW Valuer General figures. Whether Raymond Terrace is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Raymond Terrace postcode?
- Raymond Terrace is in the 2324 postcode, in NSW, in the Maitland City Council region.
- Where is Raymond Terrace?
- Raymond Terrace is a suburb in the Maitland City Council area, NSW 2324.
- What is the average rent in Raymond Terrace?
- The median weekly rent for houses is $600, for units it's $525.
- What schools are in Raymond Terrace?
- There are 12 schools serving Raymond Terrace on this page, including Irrawang High School, Grahamstown Public School, Irrawang Public School.
- How walkable is Raymond Terrace?
- Raymond Terrace has a Walk Score of 2 out of 100, highly car-dependent. transit score 0, bike score 100.
- What suburbs are near Raymond Terrace?
- Raymond Terrace is close to Raymond Terrace East, Heatherbrae, Kings Hill, Motto Farm, Millers Forest.
- What is the population of Raymond Terrace?
- The population of Raymond Terrace is approximately 13,453 (2021 Census). The median age is 37.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.