Median Sale Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $226,000 | 0.0% | $43,000 | $930,000 | 249 |
| 2010 | $250,000 | +9.6% | $110,000 | $957,000 | 197 |
| 2011 | $240,000 | -4.2% | $90,000 | $1,600,000 | 277 |
| 2012 | $260,000 | +7.7% | $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 | $600,000 | +14.2% | $330,000 | $1,650,000 | 242 |
| 2023 | $570,000 | -5.3% | $330,000 | $1,000,000 | 219 |
Median Sale Price
$570K
Based on 232 recorded sales within the last 12 months
Updated on 4 Dec 2023
Suburb Growth
-5.3%
Current Median Price: $570,000
Previous Median Price: $600,000
Based on 488 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2023)
Price Range Segments (12 months ending Nov 2023)
Median Weekly Rent Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
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 | $550 | 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 | $400 | +10.0% | $220 | $770 | 157 |
| 2022 | $495 | +19.2% | $270 | $855 | 171 |
| 2023 | $490 | -1.0% | $190 | $725 | 306 |
Median Rent Price
$490
per week
Based on 324 recorded rent within the last 12 months
Updated on 4 Dec 2023
Rent Price Growth
+2.0%
Current Median Rent: $490
Previous Median Rent: $480
Based on 489 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.5%
Current Median Price: $570,000
Current Median rent: $490
Based on 556 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2023)
Auction Results For Cessnock
Houses sold in Last 12 months ends 2 Dec 2023
$0M
Median Sale Price
34%
Clearance Rate
1/3
Sold/Reported
$0M
Highest Sale Price
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 |