3/70 Eighth Avenue, Raymond Island, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

3/70 Eighth Avenue
Raymond Island VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 157m2
Land area: 215m2
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Property Details for 3/70 Eighth Ave, Raymond Island

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.

Building Type
House
Year Built
2005
Floor Size
157m2
Land Size
215m2
Local Government
East Gippsland
Lot/Plan
3/PS445146

Last Listing description (May 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.

There is a double bedroom and bathroom/ laundry downstairs and, upstairs, two more double bedrooms, bathroom and private balcony.
A double carport with storage area and a separate garage/workshop complete the picture.
Raymond Island home owners are entitled to 2 free ferry passes for their own cars per annum.
The owners of this property are very keen sellers and have listed the property for a very fair price. $550,000
FURNITURE PACKAGE AND JETTY BERTH AVAILABLE

Property History for 3/70 Eighth Ave, Raymond Island, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$500,000
01 Feb 2018
  • 01 Feb 2018
    Sold for $500,000
  • 01 Apr 2016
    Listed for Sale $550,000
  • 09 Jun 2010
    Sold for $532,500
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About Raymond Island 3880

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:

  • The median value for Houses in Raymond Island is $556,821 while the median value for Units is $513,894.
  • Houses have a median rent of $245.
There are currently 15 properties listed for sale, and 1 property listed for rent in Raymond island on OnTheHouse. According to Cotality's data, 25 properties were sold in the past 12 months in Raymond island.

Suburb Insights for Raymond Island 3880

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.