Raymond Terrace
Suburb profile, market snapshot and recent listings for Raymond Terrace, NSW 2324.
About Raymond Terrace
Welcome to Raymond Terrace
Raymond Terrace sits at the junction of the Hunter and Williams rivers, about 30 kilometres north-west of Newcastle's CBD and within easy reach of the Pacific Highway and Newcastle Airport. It's long been a service town for the surrounding Port Stephens and lower Hunter districts, with a working riverside history that still shows up in its street names and older weatherboard cottages.
These days it's a practical, family-oriented town that appeals to first-home buyers, young families and anyone priced out of Newcastle or Port Stephens but wanting to stay within commuting distance of both. With a median age of 37 and a population of 13,453, it has the feel of an established community rather than a new estate, though growth on its fringes towards Heatherbrae and Millers Forest is reshaping that a little.
Lifestyle & dining
Life in Raymond Terrace revolves around the river and the town centre, where cafes, pubs and takeaway options cluster along William and Adelaide Streets. It's not a foodie destination in the way inner-city suburbs are, but there's a solid spread of everyday dining, from bakeries and fish and chip shops to family-friendly pubs with river glimpses. The William Wharf area and river foreshore give the town a relaxed, low-key character that residents tend to value more than a busy nightlife scene.
Shopping
The Raymond Terrace town centre serves as the retail hub, with a mix of independent stores, supermarkets and services covering most day-to-day needs. For bigger shopping trips, residents typically head to the growing retail and bulky goods precinct around neighbouring Heatherbrae, which has become a convenient stop-off given its position on the Pacific Highway, or further afield to Green Hills at East Maitland or Charlestown Square for a wider range of major retailers.
Getting around
Raymond Terrace's location at the confluence of the Hunter and Williams rivers, right where the Pacific Highway meets the New England Highway, makes it a genuine crossroads town. It's well placed for drivers, with Newcastle around 30 kilometres away and Newcastle Airport also close by via Heatherbrae. Public transport is largely bus-based, connecting the town to Newcastle, Maitland and surrounding villages including Millers Forest, so most households rely on a car for the daily commute or for reaching the M1 Pacific Motorway.
Schools & families
Families are well catered for locally, with Raymond Terrace Public School, Grahamstown Public School and Irrawang Public School all serving primary-aged children in the area, while older students can attend Irrawang High School or Alesco Secondary College's Raymond Terrace Campus. Having this many options within the town itself is a drawcard for families who want schooling close to home rather than a long bus trip into Maitland or Newcastle.
Parks & recreation
The riverfront is the town's biggest recreational asset, with parkland and walking paths tracing the Hunter and Williams rivers giving residents a place to walk, fish or simply take in the water views. Grahamstown Lake, nearby, is a popular spot for boating and picnicking, and the surrounding Port Stephens hinterland offers plenty of options for weekend outings without a long drive.
The property market
Raymond Terrace remains an accessible entry point into the lower Hunter market, with a median house price of $720,000 after growth of 14.4 percent recently, reflecting strong buyer demand for its combination of affordability and location. Units are considerably cheaper at a median of $518,000, though they make up a small share of the market, with current listings dominated by houses (80 percent), alongside townhouses (8 percent), vacant land (7 percent) and apartments or units (6 percent). Median rent sits at $600 a week, underlining the town's appeal to investors as well as owner-occupiers, particularly given its proximity to Heatherbrae's commercial growth and the broader Port Stephens and Hunter employment corridors.
Market snapshot
Raymond Terrace property market
Median sale price
$720k
House · 3 bed
Median rent
$600
per week
Gross rental yield
4.3%
annual rent ÷ sale price
Typical price range
Entry
$529k
Median
$720k
Premium
$846k
Days on market
17
Auction clearance
0%
Sold this year
136
Median sold price trend · House 3 bed
Compound growth +8.6% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Raymond Terrace by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Raymond Terrace, NSW 2324.
Population
13,453
residents (2021)
Median age
37
years
Household income
$1,297
median, per week
Median rent
$325
per week
Median mortgage
$1,517
per month
Mortgage / income
27%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Raymond Terrace
Government school catchment
Independent & Catholic schools
Alesco Secondary College - Raymond Terrace Campus
Recent results
Recently sold in Raymond Terrace
$650k
2 Wood Street
Sold ~July 2026
$335k
14 Binns Street
Sold ~July 2026
$620k
2/14 Harriet Close
Sold ~July 2026
$682k
1/28 Gwen Parade
Sold ~July 2026
$845k
18 Bowman Drive
Sold ~July 2026
$750k
24 Garden Avenue
Sold ~July 2026
$980k
6 Irrawang Street
Sold ~July 2026
$735k
11 Murulla Crescent
Sold ~July 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 Terrace
Compare the area
Price map around Raymond Terrace
Every listing for sale near Raymond Terrace, 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 Terrace suburb FAQ
What is the median property price in Raymond Terrace?
The median house price in Raymond Terrace, NSW is $720k for a 3-bedroom home. Over the past year, median sold prices have risen about 14.4%.
How much is rent in Raymond Terrace?
The median weekly rent in Raymond Terrace is around $600 per week.
Is Raymond Terrace a good place to live?
Raymond Terrace, locally known as "The Terrace", is a town in the Hunter Region of New South Wales, Australia, about 26 km (16 mi) by road north of Newcastle on the Pacific Highway. Raymond Terrace is an established residential suburb in NSW, with a population of around 13,453 and 5 schools in the area.
What is the population of Raymond Terrace?
Raymond Terrace has a population of 13,453 (ABS 2021 Census), with a median age of 37.
What schools are in Raymond Terrace?
There are 5 schools in or near Raymond Terrace, including Grahamstown Public School, Irrawang Public School and Raymond Terrace Public School.
How long do homes take to sell in Raymond Terrace?
Properties in Raymond Terrace take around 17 days to sell on average, with an auction clearance rate of about 0%.
How much do you need to buy in Raymond Terrace?
Entry-level properties in Raymond Terrace start around $529k, while premium homes reach $846k.
What suburbs are near Raymond Terrace?
Suburbs near Raymond Terrace include Heatherbrae and Millers Forest.
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