5 Gale Court, Raymond Terrace NSW 2324

17% site coverage | 30% renters | no recent sales on street | 11 days listed The building footprint at 42% is unusually high for an 833m² lot, which limits future extension or landscaping flexibility and may push maintenance costs higher over time. The street’s 30% renter composition and absence of recent comparable sales introduces valuation uncertainty, meaning the asking range sits above the 4-bedroom median of $789k by a material margin. This is a hold-focused proposition suited to a buyer who values existing space over land banking. What makes this property competitive is its rare combination of internal floor area at 351m² with dual living amenity including ensuites, open fireplace, and an outdoor spa—features typically absent in Raymond Terrace’s stock. The catchment pairing of Grahamstown Public and Irrawang High School is practical for families, and the property’s position away from flood and bushfire overlays reduces insurance creep risk. The best buyer is a long-term occupant seeking immediate move-in comfort, not a flipper or subdivision play. The sales history shows last transacted in 2006; with no street-level comparables, the rental yield median of $725pw against the lower valuation range suggests a 4.5% gross return—viable for a patient investor. Move now to schedule an independent building and pest inspection before any price negotiation sets in, as the 11-day listing age indicates the seller remains motivated.