23 Lachlan StreetRaymond Terrace NSW 2324
Property Details for 23 Lachlan St, Raymond Terrace
23 Lachlan St, Raymond Terrace is a 4 bedroom, 2 bathroom Semi-Detached with 2 parking spaces. The property has a land size of 555m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom Semi-Detached sold in Raymond Terrace in the last 12 months.
Last Listing description (September 2025)
This is potentially one of the smartest investment opportunities in the current market. This recently renovated duplex offers a convenient location that will always be popular with anyone looking to rent making for low vacancy rates, the position provides ease of access to the following -
• walking distance to shops, parks, kindergarten, both primary and high school and The Lakeside Tavern
• 20 minute* drive to Newcastle Airport
Each unit offers 2 bedrooms, 1 bathroom, split system air conditioning an outdoor garden/storage shed surrounded by low maintenance gardens and lawn.
The astute investor can only benefit from the following -
• Two income streams
• Single Torrens title means one set of council rates
• Rental income in the range of $500 per week* per unit
• Recent refurbishment may offer significant tax depreciation opportunity
• Separately metered
Invest now, with the recent and continued growth within this region can only provide for a positive future.
*approximately
Property History for 23 Lachlan St, Raymond Terrace, NSW 2324
- 05 Sep 2025Sold for $850,000
- 07 Aug 2025Listed for Sale $850,000 - $900,000
- 01 Apr 2023Sold
Recent sales nearby
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0About Raymond Terrace 2324
The size of Raymond Terrace is approximately 33.8 square kilometres. It has 27 parks covering nearly 34.7% of total area. The population of Raymond Terrace in 2016 was 12820 people. By 2021 the population was 13453 showing a population growth of 4.9% in the area during that time. The predominant age group in Raymond Terrace is 10-19 years. Households in Raymond Terrace are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Raymond Terrace work in a trades occupation.In 2021, 58.00% of the homes in Raymond Terrace were owner-occupied compared with 57.00% in 2016.
Raymond Terrace has 6,757 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 71.16% increase in median value, while Units have seen a 65.55% increase. As at 31 October 2025:
- The median value for Houses in Raymond Terrace is $640,198 while the median value for Units is $497,365.
- Houses have a median rent of $590 while Units have a median rent of $490.
Suburb Insights for Raymond Terrace 2324
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