5 Shearman AvenueRaymond Terrace NSW 2324
Property Details for 5 Shearman Ave, Raymond Terrace
5 Shearman Ave, Raymond Terrace is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1965. The property has a land size of 601m2 and floor size of 82m2.This Property is currently listed for sale with Dowling Real Estate Raymond Terrace
Last Listing description (September 2026)
Investors looking for rental income today and future potential will want to take a closer look at 5 Shearman Avenue.
This neat and tidy three-bedroom home is currently leased until 15 October 2026, providing an existing income stream while giving you time to consider the property's longer-term potential.
A key feature of this property is its potential for dual occupancy, subject to Council approval. With a good-sized backyard and convenient drive-through access, the property provides an exciting opportunity for investors looking to explore options to maximise its future potential.
The existing home offers three bedrooms with built-in robes, polished timber floors and reverse-cycle air conditioning. The bathroom would benefit from a makeover, providing an opportunity for the astute investor to add value and modernise the home over time.
Outside, you'll find a carport, shed and a generous backyard with plenty of usable space.
Conveniently positioned close to schools, shops, public transport and the town centre, the property combines a convenient location, existing tenancy and potential for future growth.
Property Highlights
Three-bedroom home with built-in robes
Currently leased until 15 October 2026
Existing rental income
Potential for dual occupancy, subject to Council approval
Bathroom requiring updating - an opportunity to add value
Good-sized backyard
Drive-through access
Carport and shed
Polished timber floors
Reverse-cycle air conditioning
Convenient location close to schools, shops, public transport and town
This information has been provided to us by third parties and we do not accept responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.
Property History for 5 Shearman Ave, Raymond Terrace, NSW 2324
- 03 Sep 2026Listed for Sale $610,000 - $640,000
- 23 Mar 2026Listed for Rent $560 / week
- 24 Nov 2023Listed for Rent $480 / week
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About Raymond Terrace 2324
The size of Raymond Terrace is approximately 33.8 square kilometres. There are 27 parks, covering nearly 34.7% of the 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 6,787 properties. Over the last 5 years, Houses in Raymond Terrace have seen a 42.23% increase in median value, while Units have seen a 56.31% increase. As at 31 August 2026:
- The median value for Houses in Raymond Terrace is $678,245 while the median value for Units is $561,559.
- Houses have a median rent of $623 while Units have a median rent of $520.
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