20 Wahroonga Street, Raymond Terrace NSW 2324
20 Wahroonga Street, Raymond Terrace NSW 2324
Detached 1940 house | 544 m² block | solar and open fireplace | 3-bed family layout | private rear yard
This property is viewed as a genuine detached house within a street that has shifted toward attached housing. The 1940 construction gives a settled character, while the 544 m² block provides a private rear yard and outdoor scope not easily matched. The three-bedroom layout is straightforward, yet air conditioning, built-in robes, floorboards, solar PV and an open fireplace lift comfort well beyond typical expectations for a house of this age. It is best suited to a buyer who wants an established home with land, or an investor looking for a detached house with secure parking and rental appeal.
The building age might be seen as a drawback by some, though the absence of any detected flood, bushfire or heritage overlay reduces a major risk layer. Condition and presentation may carry the greatest weight, because a 1940 house that has been updated is often valued more on its liveability than its original fabric. The lack of a second bathroom or dedicated outdoor entertaining area might narrow the buyer pool slightly, but for a three-bedroom detached house these are not unusual omissions. Those factors should be weighed against the practical inclusions and the size of the block.
>> Comparable Sales: 51 Wahroonga Street house sold for $650k, 17/65 Wahroonga Street townhouse sold for $480k | Property Price Band: $700k-$800k | Value Drivers: land size, condition updates, detached format
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Wahroonga Street, Raymond Terrace NSW 2324
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
2
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Market Insight
Raymond Terrace, in the Hunter Region, attracts a mix of families, first home buyers and investors. The median house price sits near $720,000, with past-year growth of 12.4–12.5%; units median around $512,500, growing 11.4–14.3%. Annual sales of 225–251 houses and a 23-day median listing period point to active turnover. House yields are 5.03%, unit yields 5.45%. A 10-year CAGR of 8.9% and a 123.7% price rise since 2016 underpin investor interest; the 10.5% strata share and $510,000 unit entry point draw first-timers and downsizers. Increasing development supports demand, but values are above long-term trend and assessed overvalued-a constraint on future gains.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
552m²
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