3/70 Eighth Ave, Raymond Island is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 215m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
The coastal villages of Raymond Island and Paynesville are becoming increasingly popular with 'baby boomers' planning to re-locate for their impending retirement, families wishing to live on the waterfront and holiday home buyers/investors. These people have discovered the magnificent Gippsland Lakes and Rivers System and note that the trip from Melbourne and other areas is much shorter these days - and even shorter when the dual lane highway between Traralgon and Sale is complete in the near future.
This double storey residence, located on the waterfront reserve and within very easy walking distance of the ferry to mainland Paynesville, is one of 3 architect designed and master built town houses.
The open plan living area downstairs features a modern kitchen, dining and sitting area, timber floors, tall windows and sliding doors opening on to a wide, sheltered deck with magnificent water views down McMillan Strait to Lake King and the mountains beyond. The newly installed automatically controlled awning provides shelter from the sun on the deck when required.
The size of Raymond Island is approximately 25.3 square kilometres. It has 2 parks. 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 619 properties. Over the last 5 years, Houses in Raymond Island have seen a 27.07% increase in median value, while Units have seen a 59.61% increase. As at 30 November 2025:
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