Side by sideSuburb comparison

Raymond Terrace vs Heatherbrae.

Comparing two suburbs with median house prices of $695,000 and $1,675,000. Raymond Terrace edges out on more headline metrics in this comparison.

Raymond Terrace (median $695,000) is roughly 59% cheaper to buy into than Heatherbrae ($1,675,000). Over the past year, Raymond Terrace (+8.7%) ran 8.7 percentage points ahead of Heatherbrae (0%) on house-price growth.

On school quality, the average ICSEA across schools serving Raymond Terrace (931) sits above Heatherbrae (930).

The takeWhich suburb suits which buyer

For buyers

Raymond Terrace is the lower entry point at $695,000 median, 59% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Raymond Terrace carries both higher gross yield (4.49% vs 1.86%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Raymond Terrace edges out on average school ICSEA (931 vs 930). Raymond Terrace also has a higher family-household share (69% vs 54%), so the catchment community skews family-heavy.

Common questionsRaymond Terrace vs Heatherbrae

Common questions

Is Raymond Terrace or Heatherbrae cheaper to buy in?

Raymond Terrace has the lower median house price at $695,000, roughly 59% below Heatherbrae ($1,675,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Raymond Terrace or Heatherbrae?

Over the past 12 months, Raymond Terrace grew +8.7% vs 0% in Heatherbrae, a gap of 8.7 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Raymond Terrace or Heatherbrae have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Raymond Terrace scores 931 vs 930 in Heatherbrae. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Raymond Terrace or Heatherbrae?

Gross rental yield on houses is 4.49% in Raymond Terrace vs 1.86% in Heatherbrae. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Raymond Terrace
Metric
Heatherbrae

Price & Market

$695,000
Median house
$1,675,000
$463,500
Median unit
$246,960
+8.7%
Annual growth (house)
+0.0%
Days on market

Rental

$600/wk
Rent (house / wk)
$600/wk
$525/wk
Rent (unit / wk)
$525/wk
58.0%
Owner occupied
55.0%
40.0%
Renter occupied
37.0%

Lifestyle & Demographics

2
Walk score
2
0
Transit score
0
100
Bike score
40
13,453
Population
654
37
Median age
47

Risk & Hazard

Flood class
Bushfire risk

Schools

12
Schools nearby
18
931
Avg ICSEA
930

Climate

1143 mm
Annual rainfall
1143 mm
24.7°C
Mean max (Jan)
24.7°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).