5/8 Seventh Parade, Raymond Island, VIC 3880 | Property Value & History | OnTheHouse
OFF MARKET

5/8 Seventh Parade
Raymond Island VIC 3880

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 188m2
Land area: 310m2
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Property Details for 5/8 Seventh Pde, Raymond Island

5/8 Seventh Pde, Raymond Island is a 3 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 2005. The property has a land size of 310m2 and floor size of 188m2. While the property is not currently for sale or for rent, it was last sold in January 2005.

Building Type
Unit
Year Built
2005
Floor Size
188m2
Land Size
310m2
Local Government
East Gippsland
Lot/Plan
1/PS510101

Last Listing description (August 2017)

'Orana' - an architect designed town house, located on the waterfront reserve, is part of the very popular North Point development on the Island. The large open living area DOWNSTAIRS features a modern kitchen, dining & living areas, bathroom, laundry, bedroom, timber floors, floor to ceiling windows and sliding doors opening on to a wide, sheltered deck with magnificent water views down McMillan Strait to Lake King & the mountains beyond. A stylish staircase leads to UPSTAIRS: 2 double bedrooms, sitting room/study, balcony & bathroom. OUTSIDE: carport and boat shed. PRICED TO SELL!! FURNITURE PACKAGE & JETTY BERTH AVAILABLE. NOTE: The coastal villages of Raymond Island & Paynesville are becoming increasingly popular with people planning to re-locate for their impending retirement, families wishing to live on the waterfront & holiday home buyers/investors. These people have discovered the Gippsland Lakes & note that the trip from Melbourne & other areas is much shorter these days.

Property History for 5/8 Seventh Pde, Raymond Island, VIC 3880

A timeline of how this property has performed in the market
Last Sold
$612,000
28 Jan 2005
  • 07 Sep 2016
    Listed for Sale $657,500
  • 28 Jan 2005
    Sold for $612,000
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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 no properties 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.