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Area
Raymond Terrace is situated to the east of the Hunter and Williams rivers and consists of three distinct regions. The north and south regions are primarily rural/semi-rural and occupy approximately 74% of the town's land with only 3% of the population living in these areas. Most of the population lives in the town itself. The centre of the town, where the shopping district is located, is adjacent to the Hunter River, just south of the confluence of the two rivers. Raymond Terrace is served by Hunter Valley Buses who operate both a town service and a service to Newcastle station. There are several competitive sporting teams based in the Raymond Terrace area. The Raymond Terrace Magpies are the town's local Rugby League team, participating in the Newcastle Rugby League Competition. The town is represented in cricket by the Lions, a club that participates in the Maitland District Cricket Two Day Competition, and the Port Stephens Pythons (originally a club founded by members of the Port Stephens Shire Council, which is located in Raymond Terrace), that competes in the Maitland District Cricket One Day Competitions.
Transport
Raymond Terrace is served by Hunter Valley Buses who operate both a town service and a service to Newcastle station. Hunter Valley Buses (then trading as Blue Ribbon) operated a depot in Richardson Road until it was closed in 2000 with operations transferred to Thornton. Port Stephens Coaches operate services to Nelson Bay and Sydney. NSW TrainLink road coaches services from Newcastle station to Taree call at Raymond Terrace.
Education
The town has four primary schools, St. Brigid's Catholic, Raymond Terrace Public, Irrawang Public and Grahamstown Public, and two high schools, Irrawang High School and Hunter River High School, formerly known as Raymond Terrace High School.
Shopping
There are two main shopping centres in the town centre which is based around William Street. The Raymond Terrace Marketplace, located north-east of William Street, was opened in 1998 while Terrace Central (formerly Centro Plaza, formerly Raymond Terrace Plaza) is located to the south-west. Both contain supermarkets and a variety of speciality shops and are within a short walking distance of each other. The Raymond Terrace Marketplace also contains a Big W department store. Shops also line William St and the adjacent Port Stephens St and Sturgeon St.
Sports and Recreation
There are several competitive sporting teams based in the Raymond Terrace area. The Raymond Terrace Magpies are the town's local Rugby League team, participating in the Newcastle Rugby League Competition. The town is represented in cricket by the Lions, a club that participates in the Maitland District Cricket Two Day Competition, and the Port Stephens Pythons (originally a club founded by members of the Port Stephens Shire Council, which is located in Raymond Terrace), that competes in the Maitland District Cricket One Day Competitions. Both teams play side by side at the King Park Sporting Complex and are renowned for having some of the best teams and players in the region. Other popular sports within the town are soccer, netball, athletics, golf and lawn bowls. There are two licensed clubs, Muree Golf Club and The Raymond Terrace Bowling Club, as well as a number of public bars. The majority of the sporting fields are located near the centre of town, on land that runs along the Williams and Hunter Rivers with other sporting fields located in the suburb of Lakeside, adjacent to Grahamstown Dam. There is a boat ramp adjacent to the Fitzgerald Bridge, which crosses the Williams River, and the area is popular with water skiers and fisherpeople.
State
NSW is the most populous stae in Australia, with Sydney being the largest city in Australia.
Sydney needs no introduction as the largest city, with close to 5 million inhabitants.
Newcastle is the second largest city with approx half a million residents.
Wollongong is home to 200,000+
The other major regions are the Central Coast and Hunter Valley, both made up of closely located towns forming a larger zone.
Australia
Over the past 35 months, combined capital city home values have been rising following ongoing falls over the previous 18 months. As always the level of value growth has generally been uneven however, the two largest capital cities, Sydney and Melbourne, have recorded the strongest capital growth conditions of all capital cities. Encouragingly the rise in home values across the capital cities has been accompanied by an increase in the number of property transactions as well as a rise in the level of new dwelling approvals.
The Australian residential housing market is highly concentrated and largely dominated by a handful of capital cities. The four largest capital cities: Sydney, Melbourne, Brisbane and Perth generally have the strongest job prospects and between them they account for more than 58% of the national population with almost 40% of Australians living in either Sydney or Melbourne. As a result, competition for housing in these cities is often strong, particularly those homes that are well located, close to public transport, in inner city areas or close to features such as water. Most of these cities have had an insufficient new supply of housing over the past decade which has also created upwards pressure on home values. At the same time these four cities also attract a higher number of overseas migrants than the smaller cities which also contributes to growing housing demand.
Combined capital cities home values have recorded value growth of 7.9% over the 12 months to April 2015.
The annual rate of home value growth has slowed from a recent peak of 11.5% in April 2014.
Over the past year, house values have increased by 8.3% compared to a 5.6% increase in unit values.
The stronger performance of detached housing markets compared with multi unit dwellings has been a feature of Australia s housing market over each of the past four cycles.
Despite the stronger growth conditions within the detached housing market, we are seeing a growing level of development appetite for medium to high density housing. This is likely due to significantly higher prices in mostcities for detached houses compared to units, an increasing desire for residents to live closer to the city centre and changing town planning regulations.
Source: Extract from RP Data Core Logic Housing Market Overview June 2015
*Images are for display purposes only.