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Back 5 Shearman Avenue
Off Market

5 Shearman Avenue

Raymond Terrace NSW 2324

3
1
1
601 m²
House
Last sold for $605,000
Kim HammondKim Hammond, last sold this property on 11 October 2026 after 38 days on market.

Overview

SECURE TENANCY + DUAL OCCUPANCY POTENTIAL + PRICE ADJUSTMENT!

Investors looking for rental income today and future potential will want to take a closer look at 5 Shearman Avenue. This neat and tidy three-bedroom home is currently leased until 15 October 2026, providing an existing income stream while giving you time to consider the property's longer-term potential. A key feature of this property is its potential for dual occupancy, subject to Council approval. With a good-sized backyard and convenient drive-through access, the property provides an exciting opportunity for investors looking to explore options to maximise its future potential. The existing home offers three bedrooms with built-in robes, polished timber floors and reverse-cycle air conditioning. The bathroom would benefit from a makeover, providing an opportunity for the astute investor to add value and modernise the home over time. Outside, you'll find a carport, shed and a generous backyard with plenty of usable space. Conveniently positioned close to schools, shops, public transport and the town centre, the property combines a convenient location, existing tenancy and potential for future growth. Property Highlights • Three-bedroom home with built-in robes • Currently leased until 15 October 2026 • Existing rental income • Potential for dual occupancy, subject to Council approval • Bathroom requiring updating - an opportunity to add value • Good-sized backyard • Drive-through access • Carport and shed • Polished timber floors • Reverse-cycle air conditioning • Convenient location close to schools, shops, public transport and town This information has been provided to us by third parties and we do not accept responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
601 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Raymond Terrace over the last 12 months, the estimated median property value of 5 Shearman Avenue is $736.15k.

Median value
$736.15k
Estimated value range
$460k - $957k
Median days on market
26
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Raymond Terrace. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Shearman Avenue

2026
Sold
$605,000
11 Oct 2026 by Kim Hammond, of Dowling Real Estate Raymond Terrace
2023
Rented
Undisclosed
Leased on 13 Apr 2023 by Dowling Real Estate Raymond Terrace
2023
Sold
Undisclosed
26 Feb 2023 by Kim Hammond, of Dowling Real Estate Raymond Terrace

Happy sellers in Raymond Terrace

95%
95% of sellers in Raymond Terrace reported that their sale price either exceeded or met their price expectations.

Raymond Terrace stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 62 reviews in Raymond Terrace over the last 12 months.

Local market activity for 3 bedroom houses in Raymond Terrace

In the last 12 months, 104 three-bedroom houses similar to 5 Shearman Avenue, have been sold.

This represents a 6% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Raymond Terrace

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Lauren Hair

Lauren Hair is an award winning recommended agent for Raymond Terrace.  They have 24 local sales and collected 21 local reviews across the last 12 months.

  •   5   (254 reviews)
  •  21 Reviews in Raymond Terrace
  •  24 Sales in Raymond Terrace
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Liam Higgins

Liam Higgins is a recommended agent for Raymond Terrace.  They have 37 local sales and collected 14 local reviews across the last 12 months.

  •   5   (68 reviews)
  •  14 Reviews in Raymond Terrace
  •  37 Sales in Raymond Terrace
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Joel Osborn

Sellers who recommend Joel Osborn have praised them for being clear communication, local expert, responsive, supportive, honest, great negotiation and reliable

  •   4.9   (178 reviews)
  •  13 Reviews in Raymond Terrace
  •  33 Sales in Raymond Terrace
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Kim Hammond

Kim Hammond is a recommended agent for Raymond Terrace.  They have 38 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (232 reviews)
  •  8 Reviews in Raymond Terrace
  •  38 Sales in Raymond Terrace
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