2. NSW
  3. Cessnock

Cessnock NSW 2325

Houses Units

Here you can find what you need to know about Cessnock, NSW, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$613K Median Sale Price (National Average $485k) 1207th In NSW
7.46% Median Sale Price Change (1yr) (National Average 4.30%) 607th In NSW
$495pw Median Rent (National Average $395) 1047th In NSW
4.2% Median Gross Yield (National Average 4.24%) 180th In NSW
Properties sold 339
Average discounting -4.42%
Average Days on Market 58
Stock on Market 156 for sale

Investment Strategy Scores

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Example Only
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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Cessnock, NSW National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Cessnock, NSW National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Cessnock, NSW National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Cessnock


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Cessnock, NSW 2325

Part of: Cessnock Council No data available

The size of Cessnock is approximately 35.6 square kilometres. It has 19 parks covering nearly 10.7% of total area. The population of Cessnock in 2011 was 13,673 people. By 2016 the population was 15,163 showing a population growth of 10.9% in the area during that time. The predominant age group in Cessnock is 20-29 years. Households in Cessnock are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cessnock work in a trades occupation. In 2011, 61.5% of the homes in Cessnock were owner-occupied compared with 57.3% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Cessnock

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Cessnock   for Houses in last 12 months


There have been 339 Houses sold in Cessnock in the past 12 months with a median sale price of $613K, up 7.5% annually. It takes on average 36 days to sell with vendor discounting of -4.4%.

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Kurri Kurri NSW, 2327 4.96% $593,000 $480pw 4.2% View Suburb Profile
Maitland NSW, 2320 2.59% $633,500 $530pw 4.3% View Suburb Profile
Muswellbrook NSW, 2333 8.51% $510,000 $500pw 5.1% View Suburb Profile
Lake Macquarie NSW, 2304 Unavailable Unavailable Unavailable Unavailable View Suburb Profile
Bulgarra WA, 6714 -1.92% $510,000 $950pw 9.7% View Suburb Profile

Currency

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