Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $227,000 | 0.0% | $43,000 | $930,000 | 249 |
| 2010 | $252,000 | +9.9% | $110,000 | $957,000 | 197 |
| 2011 | $240,000 | -5.0% | $90,000 | $1,600,000 | 277 |
| 2012 | $262,000 | +8.4% | $100,000 | $740,000 | 278 |
| 2013 | $267,500 | +2.1% | $60,000 | $635,000 | 474 |
| 2014 | $289,000 | +7.4% | $120,000 | $1,130,000 | 274 |
| 2015 | $278,000 | -4.0% | $140,000 | $625,000 | 181 |
| 2016 | $315,000 | +11.7% | $142,000 | $640,000 | 232 |
| 2017 | $340,000 | +7.4% | $171,000 | $882,500 | 272 |
| 2018 | $373,000 | +8.8% | $160,000 | $1,100,000 | 213 |
| 2019 | $375,000 | +0.5% | $210,000 | $930,000 | 231 |
| 2020 | $372,500 | -0.7% | $187,000 | $1,125,000 | 262 |
| 2021 | $515,000 | +27.7% | $200,000 | $1,220,000 | 340 |
| 2022 | $600,000 | +14.2% | $330,000 | $1,650,000 | 242 |
| 2023 | $580,000 | -3.4% | $330,000 | $1,000,000 | 273 |
| 2024 | $619,000 | +6.3% | $350,000 | $1,165,000 | 217 |
Median Sale Price
$620K
Based on 263 recorded sales within the last 12 months
Updated on 9 Nov 2024
Suburb Growth
+7.6%
Current Median Price: $620,000
Previous Median Price: $573,000
Based on 518 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $300 | 0.0% | $150 | $500 | 185 |
| 2012 | $330 | +9.1% | $160 | $680 | 224 |
| 2013 | $330 | 0.0% | $165 | $600 | 486 |
| 2014 | $310 | -6.5% | $165 | $600 | 374 |
| 2015 | $310 | 0.0% | $170 | $600 | 417 |
| 2016 | $335 | +7.5% | $160 | $580 | 348 |
| 2017 | $340 | +1.5% | $170 | $1,192 | 290 |
| 2018 | $350 | +2.9% | $185 | $810 | 264 |
| 2019 | $360 | +2.8% | $210 | $650 | 264 |
| 2020 | $360 | 0.0% | $195 | $600 | 200 |
| 2021 | $410 | +12.2% | $220 | $770 | 159 |
| 2022 | $495 | +17.2% | $270 | $855 | 171 |
| 2023 | $495 | 0.0% | $190 | $750 | 381 |
| 2024 | $520 | +4.8% | $270 | $1,000 | 294 |
Median Rent Price
$510
per week
Based on 361 recorded rent within the last 12 months
Updated on 9 Nov 2024
Rent Price Growth
+2.9%
Current Median Rent: $510
Previous Median Rent: $495
Based on 710 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.3%
Current Median Price: $620,000
Current Median rent: $510
Based on 624 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Cessnock
Houses sold in Last 12 months ends 2 Nov 2024
$525K
Median Sale Price
40%
Clearance Rate
2/5
Sold/Reported
$525K
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $400 K - $600 K (Median Price Range) | 1 | |
Similar Suburbs to Cessnock 2325
Based on median house sale price sold in last 12 months
Schools closest to Cessnock, NSW 2325
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Patrick's Primary School | 155 WOLLOMBI ROADCessnock 2325 | Primary | Catholic | 0.56 km |
| Cessnock Public School | RAWSON STCessnock 2325 | Primary | Government | 1.03 km |
| Cessnock West Public School | WOLLOMBI & CAMPBELL STSCessnock 2325 | Primary | Government | 1.22 km |
| Cessnock High School | ABERDARE STCessnock 2325 | Secondary | Government | 1.43 km |
| Cessnock East Public School | OLD MAITLAND RDCessnock 2325 | Primary | Government | 1.65 km |