157 Western Boulevard, Raymond Island, VIC 3880 | Property Value & History | OnTheHouse
 
FOR SALE

157 Western Boulevard
Raymond Island VIC 3880

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 166m2
Land area: 536m2
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This property is currently on the market
ABSOLUTE WATERFRONT RESERVE LIVING WITH JETTY BERTH
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Property Details for 157 Western Bvd, Raymond Island

157 Western Bvd, Raymond Island is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 536m2 and floor size of 166m2.This Property is currently listed for sale with LJ Hooker Paynesville

Building Type
House
Year Built
1980
Floor Size
166m2
Land Size
536m2
Local Government
East Gippsland
Lot/Plan
12/LP77834

Last Listing description (August 2026)

Wake to breathtaking panoramic views across the Gippsland Lakes, the mountains and the lights of Paynesville from this superbly positioned waterfront reserve home. Complete with a private jetty berth just across the road, this is the perfect holiday escape, investment or permanent residence.
Spanning two levels, the home offers flexible family living. Downstairs features a cosy living room with wood heater and bar, a second living area or fourth bedroom/study, two bedrooms, bathroom/laundry and separate toilet.

Upstairs, the light filled open plan living and dining area with timber flooring captures spectacular lake, mountain and township views, with seamless access to the spacious entertaining deck. The well appointed kitchen offers ample storage, electric cooking and a dishwasher. This level also includes two bedrooms, the generous main with built-in robes, along with a bathroom and separate toilet.
A garage/workshop and garden shed provide storage.
Currently a successful holiday rental with excellent returns, this outstanding property is offered with the option to purchase fully furnished. Swim, boat, fish or simply relax and enjoy the abundant wildlife and spectacular waterfront setting-this is lakeside living at its very best.

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Property History for 157 Western Bvd, Raymond Island, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$480,000
01 Sep 2012
  • 10 Jul 2026
    Listed for Sale $845,000
  • 01 Sep 2012
    Sold for $480,000
  • 21 Apr 2012
    Listed for Sale $510,000
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About Raymond Island 3880

The size of Raymond Island is approximately 25.3 square kilometres. There are 2 parks within the area. The population of Raymond Island in 2016 was 548 people. By 2021 the population was 589 showing a population growth of 7.5% in the area during that time. The predominant age group in Raymond Island is 70-79 years. Households in Raymond Island are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Raymond Island work in a professional occupation.In 2021, 90.70% of the homes in Raymond Island were owner-occupied compared with 87.70% in 2016.

Raymond Island has 620 properties. Over the last 5 years, Houses in Raymond Island have seen a 19.84% increase in median value, while Units have seen a 24.02% increase. As at 31 July 2026:

  • The median value for Houses in Raymond Island is $593,058 while the median value for Units is $503,428.
There are currently 9 properties listed for sale, and 1 property listed for rent in Raymond island on OnTheHouse. According to Cotality's data, 20 properties were sold in the past 12 months in Raymond island.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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