All About Raymond Island, East Gippsland, VIC, 3880
Raymond Island, located in East Gippsland, Victoria, offers a unique and serene living experience, particularly appealing to those seeking a close-knit community surrounded by natural beauty. The housing market on Raymond Island is characterized by its range of properties that often offer direct access to picturesque waterfront views and a tranquil lifestyle. The market has seen a moderate level of activity with a steady demand for holiday homes and retirement properties, as well as permanent residences for those looking to immerse themselves in the island's peaceful environment. Property prices can vary, with more affordable options compared to mainland areas, attracting both investors and new residents. The island's accessibility via a short ferry trip adds to its charm, making it a desirable location for people who appreciate a more relaxed pace of life.
Living on Raymond Island is particularly appealing for those who enjoy outdoor activities and wildlife. The island is famous for its koala population, offering residents the rare opportunity to observe these iconic animals in their natural habitat. With its walking tracks, kayaking opportunities, and proximity to attractions like the Gippsland Lakes, Raymond Island provides plenty of recreational opportunities. The community is small but welcoming, fostering a strong sense of belonging among residents. While the island's amenities are limited, nearby Paynesville offers additional services and shopping options, ensuring that residents can enjoy the convenience of town facilities while savoring the quiet of island life. Overall, Raymond Island offers a charming blend of nature-centric living with the essentials of modern convenience, making it an attractive choice for those looking to escape urban bustle.
Household Makeup
| Median Weekly Rent | $314.71 |
| Median Monthly Mortgage | $1256.00 |
| Median Persons Per bed houseroom | 0.69 |
| Average Household Size | 2.14 |
| Average Age | 60.43 |
| Average Income | $599.14 |
| Average Cars Per Dwelling | 1.82 |
| Average Properties Within 50M | 6 |
| Typical 1 bed house | $281,000 |
| Typical 2 bed house | $464,000 |
| Typical 3 bed house | $658,000 |
| Typical 4 bed house | $758,000 |
| Typical 5 bed house | $841,000 |
| Typical 6 bed+ house | $1,607,000 |
Housing Stock
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Raymond Island Real Estate Market Outlook
Thinking about buying in Raymond Island? Now could not be a better time, with 682 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $617,000 with prices in this suburb ranging from $151,000 to $1,834,000. Raymond Island is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Consistent high demand relative to supply is a key feature in Raymond Island driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Raymond Island due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Raymond Island changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Raymond Island to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Raymond Island 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.
Instant Property ValuationHouses for sale Raymond Island
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32 Fourth Avenue, Raymond Island, VIC, 3880 |  3 |
 2 |
 2 |
$390,000 |
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38 Eighth Avenue, Raymond Island, VIC, 3880 | 4 |
2 |
2 |
$419,000 |
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51 Sixth Avenue, Raymond Island, VIC, 3880 | 3 |
2 |
6 |
$465,000 |
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183 Western Bvd, Raymond Island, VIC, 3880 | 3 |
2 |
4 |
$890,000 |
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3 Third Parade, Raymond Island, VIC, 3880 | 5 |
2 |
2 |
$675,000 |
Local Schools
Paynesville Primary School
(While the above schools are located with the suburb of Raymond Island there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Raymond Island weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.4 | 13.6 | 26.7 | 44.4 | 92.8 | 4.2 | 23.5 |
| Feb | 1.5 | 13.7 | 26.0 | 48.5 | 94.6 | 4.2 | 19.9 |
| Mar | 1.8 | 12.1 | 24.2 | 48.6 | 94.7 | 3.9 | 15.8 |
| Apr | 1.8 | 9.3 | 21.0 | 51.2 | 95.2 | 3.5 | 12.4 |
| May | 1.2 | 6.4 | 17.8 | 53.0 | 93.6 | 3.8 | 9.1 |
| Jun | 1.7 | 4.3 | 15.0 | 58.0 | 94.4 | 3.6 | 7.7 |
| Jul | 1.3 | 4.3 | 15.1 | 52.9 | 92.3 | 4.0 | 8.2 |
| Aug | 1.3 | 4.6 | 15.9 | 49.1 | 92.5 | 4.3 | 10.6 |
| Sept | 1.4 | 6.0 | 18.6 | 45.8 | 93.5 | 4.5 | 15.0 |
| Oct | 2.1 | 8 | 20.5 | 48.5 | 93.9 | 4.2 | 19.2 |
| Nov | 2.3 | 10.1 | 22.6 | 47.0 | 94.0 | 4.3 | 22.4 |
| Dec | 2.1 | 12.1 | 24.9 | 44.8 | 93.6 | 4.4 | 25.0 |
source: Australian Government Bureau of Meteorology
Public Transport
Bairnsdale - Greater then 10KM
Raymond Island Ferry - Less than 2 KM
Raymond Island Ferry - Less than 2 KM
General Points of Interest
Bairnsdale Golf Club - Less than 10 KM
Bioluminescence Algae - Less than 5 KM
Clarkeville Model Steam Railway - Less than 10 KM
Raymond Island Primary School (1902-1912, 1914-1934) - Less than 2 KM
Nearby Suburbs
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