Thinking about buying in Raleigh? Now could not be a better time, with just 439 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $962,000 with prices in this suburb ranging from $113,000 to $3,128,000. Raleigh is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $300.00 |
Median Monthly Mortgage | $1582.00 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.00 |
Average Age | 60.00 |
Average Income | $584.00 |
Average Cars Per Dwelling | 1.34 |
Average Properties Within 50M | 4 |
1 Bed  $510,000 |
2 Bed  $586,000 |
3 Bed  $1,073,000 |
4 Bed  $1,108,000 |
5 Bed  $1,271,000 |
6 Bed+$1,087,000 |
In Raleigh there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Raleigh is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Raleigh leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Raleigh the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
65 GURNEY ST, RALEIGH, NSW, 2454 | 4 | 2 | 3 | $810,000 | |
125 OLD PACIFIC HWY, RALEIGH, NSW, 2454 | 3 | 2 | 5 | $785,000 | |
50 VICTOR ST, RALEIGH, NSW, 2454 | 3 | 1 | 2 | $780,000 | |
44 WALTER ST, RALEIGH, NSW, 2454 | 2 | 1 | 2 | $929,000 | |
36 QUEEN ST, RALEIGH, NSW, 2454 | 3 | 5 | 5 | $1,400,000 |
Raleigh Public School
Repton Public School
Urunga Public School
(While the above schools are located with the suburb of Raleigh there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
23-09-2024 | $1,050,000 | 3 RIDGEWOOD DR |
02-09-2024 | $1,125,000 | 40 OLD PACIFIC HWY |
23-08-2024 | $1,225,000 | 167 OLD PACIFIC HWY |
11-06-2024 | $1,190,000 | 165 OLD PACIFIC HWY |
10-05-2024 | $970,000 | 30 OLD PACIFIC HWY |
06-05-2024 | $925,000 | 2 RIDGEWOOD DR |
29-04-2024 | $2,290,000 | 53 OLD FERRY RD |
18-04-2024 | $1,100,000 | 308 VALERY RD |
17-01-2024 | $1,300,000 | 490 YELLOW ROCK RD |
19-10-2023 | $1,400,000 | 7 BRUTONS RD |
19-10-2023 | $1,280,000 | 310 VALERY RD |
19-10-2023 | $1,400,000 | 7 BRUTONS RD |
19-10-2023 | $1,280,000 | 310 VALERY RD |
03-10-2023 | $1,555,000 | 937 NORTH BANK RD |
24-08-2023 | $1,000,000 | 1050 NORTH BANK RD |
04-07-2023 | $1,850,000 | 22 OLD PACIFIC HWY |
30-06-2023 | $900,000 | 120 OLD PACIFIC HWY |
19-05-2023 | $905,000 | 34 OLD PACIFIC HWY |
04-05-2023 | $455,000 | 7 MISTY CL |
20-12-2022 | $465,000 | 2 TALL GUMS CL |
16-12-2022 | $1,180,000 | 20 GORDON RD |
06-07-2022 | $1,255,000 | 5 RIDGEWOOD DR |
15-06-2022 | $795,000 | 50 QUEEN ST |
08-06-2022 | $600,000 | 3 ELIZABETH ST |
26-04-2022 | $1,102,000 | 26 OLD PACIFIC HWY |
27-01-2022 | $1,875,000 | 6 MISTY CL |
24-01-2022 | $2,050,000 | 937 NORTH BANK RD |
21-12-2021 | $1,150,000 | 89 OLD PACIFIC HWY |
03-12-2021 | $173,468 | 3 BAYLDON DR |
01-12-2021 | $850,000 | 669 NORTH BANK RD |
18-10-2021 | $50,000 | 374 YELLOW ROCK RD |
15-09-2021 | $1,100,000 | 234 SHORT CUT RD |
09-09-2021 | $1,050,000 | 91 BRUTONS RD |
06-09-2021 | $1,000,000 | 52 OLD PACIFIC HWY |
30-08-2021 | $1,475,000 | 254 WATERFALL WAY |
08-06-2021 | $1,025,000 | 30 QUEEN ST |
28-05-2021 | $1,470,000 | 31 GORDON RD |
30-03-2021 | $1,225,000 | 9 GORDON RD |
15-02-2021 | $1,320,000 | 125 CABANS RD |
20-01-2021 | $215,000 | 79 WATERFALL WAY |
19-01-2021 | $720,000 | 1050 NORTH BANK RD |
18-12-2020 | $1,630,000 | 700 NORTH BANK RD |
11-12-2020 | $550,000 | 129 OLD PACIFIC HWY |
01-12-2020 | $515,000 | 65 GURNEY ST |
30-11-2020 | $4,448 | 3 BAYLDON DR |
06-11-2020 | $640,000 | 488 YELLOW ROCK RD |
23-10-2020 | $895,000 | 21 GORDON RD |
21-08-2020 | $685,500 | 5 MISTY CL |
22-07-2020 | $310,000 | 183 CABANS RD |
08-07-2020 | $320,000 | 100 OLD PACIFIC HWY |
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