Median Sale Price
House
$585K
Updated on Aug 2022
2 BR $478K | 3 BR $575K | 4 BR $626K |
Unit
$465K
Updated on Aug 2022
1 BR - | 2 BR $400K | 3 BR $538K |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $226,000 | 0.0% | $43,000 | $720,000 | 249 |
| 2010 | $250,000 | +9.6% | $110,000 | $957,000 | 197 |
| 2011 | $238,000 | -5.0% | $90,000 | $1,600,000 | 277 |
| 2012 | $260,000 | +8.5% | $100,000 | $740,000 | 278 |
| 2013 | $267,500 | +2.8% | $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 | $610,000 | +15.6% | $330,000 | $1,095,000 | 175 |
Median Sale Price
$600K
Based on 271 recorded sales within the last 12 months
Updated on 3 Oct 2022
Suburb Growth
+22.5%
Current Median Price: $600,000
Previous Median Price: $465,000
Based on 595 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Sep 2022)
Price Range Segments (12 months ending Sep 2022)
Median Weekly Rent Price
House
$450
Updated on Aug 2022
2 BR $360 | 3 BR $430 | 4 BR $520 |
Unit
$350
Updated on Aug 2022
1 BR $265 | 2 BR $360 | 3 BR $415 | 4 BR $480 |
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 | $550 | 417 |
| 2016 | $330 | +6.1% | $160 | $570 | 348 |
| 2017 | $340 | +2.9% | $170 | $1,192 | 290 |
| 2018 | $350 | +2.9% | $185 | $810 | 264 |
| 2019 | $350 | 0.0% | $210 | $650 | 264 |
| 2020 | $360 | +2.8% | $195 | $600 | 198 |
| 2021 | $400 | +10.0% | $220 | $770 | 157 |
| 2022 | $480 | +16.7% | $270 | $850 | 104 |
Median Rent Price
$475
per week
Based on 141 recorded rent within the last 12 months
Updated on 3 Oct 2022
Rent Price Growth
+17.9%
Current Median Rent: $475
Previous Median Rent: $390
Based on 299 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.1%
Current Median Price: $600,000
Current Median rent: $475
Based on 412 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Sep 2022)
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 |