Raymond Island
Suburb profile, market snapshot and recent listings for Raymond Island, VIC 3880.
About Raymond Island
Welcome to Raymond Island
Market snapshot
Raymond Island property market
Median sale price
$548k
House · 3 bed
Median rent
—
per week
Gross rental yield
—
annual rent ÷ sale price
Typical price range
Entry
$432k
Median
$548k
Premium
$807k
Days on market
92
Auction clearance
0%
Sold this year
14
Median sold price trend · House 3 bed
Compound growth -4.5% / yr over 4 yrs
Property types on market
Share of current listings in Raymond Island by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Raymond Island, VIC 3880.
Population
589
residents (2021)
Median age
68
years
Household income
$921
median, per week
Median rent
$280
per week
Median mortgage
$969
per month
Mortgage / income
24%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Recent results
Recently sold in Raymond Island
$1.50m
140 Centre Road
Sold ~July 2026
$260k
30 Fourth Avenue
Sold ~July 2026
$157k
290 Gravelly Point Rd
Sold ~July 2026
$785k
155 Gravelly Point Road
Sold ~July 2026
$550k
22 First Parade
Sold ~June 2026
$545k
65 Twelfth Avenue
Sold ~June 2026
$845k
99 Western Boulevard
Sold ~June 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Raymond Island
Compare the area
Price map around Raymond Island
Every listing for sale near Raymond Island, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
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Common questions
Raymond Island suburb FAQ
What is the median property price in Raymond Island?
The median house price in Raymond Island, VIC is $548k for a 3-bedroom home. Over the past year, median sold prices have risen about 4.3%.
Is Raymond Island a good place to live?
Raymond Island is a town located on a small island in the Gippsland Lakes in eastern Victoria, Australia, about 300 km from Melbourne. Raymond Island is an established residential suburb in VIC, with a population of around 589.
What is the population of Raymond Island?
Raymond Island has a population of 589 (ABS 2021 Census), with a median age of 68.
How long do homes take to sell in Raymond Island?
Properties in Raymond Island take around 92 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Raymond Island?
Entry-level properties in Raymond Island start around $432k, while premium homes reach $807k.
What suburbs are near Raymond Island?
Suburbs near Raymond Island include Paynesville, Newlands Arm and Eagle Point.
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