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Investment Property Cessnock, NSW, 2325

Suburb Snapshot

Cessnock is a suburb in the Cessnock Region of New South Wales. Cessnock has a population of 15,179 people and 33.03% of its occupants live in rental accommodation. The median listing price for houses is $649,000 and this has changed 8.16% over the past year and changed 11.89% over 2 years.

The median rent in Cessnock for houses is $500 per week and the median rental yield is 4.00%. Stock on the market for houses/townhouses has changed 19.81% compared to last year and the average time to sell a house/townhouse is 106 days.The median listing price for units is $495,000 and this has changed 8.91% over the past year. The average unit takes 45 days to sell and the median rent for a unit in Cessnock is $420 per week, producing a rental yield of 4.41%.

Supply & Demand in Cessnock, Cessnock

0.84%

Current vacancy rate


60

Rental stock available


15,179

Population


33.03%

Rental population


0.95%

Current vacancy rate


276

Rental stock available


55,568

Population


24.27%

Rental population


1.02%

Current vacancy rate


37,030

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Cessnock, Cessnock

  House Townhouses Units
Median listing price $649,000 $560,000 $495,000
Median price change - last quarter 0.00% 1.81% 5.31%
Median price change - 1 year 8.16% 5.66% 8.91%
Median price change - 2 years 11.89% 6.16% 10.00%
  House Townhouses Units
Median weekly rent $500 $450 $420
Median yield % 4.00% 4.17% 4.41%
Median rent change - 1 year 2.04% 0.00% 10.52%
  House Units
Previous month sales 35 2
Stock on market previous month 127 12
Stock variance vs. last year 19.81% 9.09%
Average days on market 106 45

Cessnock investment property listings

Showing 1 of 1 investment properties found in Cessnock on realestateinvestar.com.au

Units 1-5, 267 Vincent St, Cessnock

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ONE UNIT REMAINS | Strata units with flexible zoning

Colliers are pleased to present an opportunity to acquire a brand new Industrial unit located in the boutique development at 267 Vincent Street, Cessnock. The complex is situated on the western side of Vincent Street, a main thoroughfare within Cessnock. The complex, zoned E3 Productivity Support, ...

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Commercial

NSW 2325


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