Suburb Description
Cessnock is a vibrant city located in the Hunter Region of New South Wales, serving as a gateway to the renowned Hunter Valley wine country. It offers a blend of rural charm and modern conveniences, attracting both tourists and residents. Historically a coal mining hub, Cessnock has transformed into a lifestyle destination with a rich history, heritage buildings, local museums, schools, shops, and recreational facilities. It's known for its relaxed, family-friendly lifestyle and strong community spirit, featuring a mix of character homes, new developments, and semi-rural properties.
Suburb Details
Current median house price:
N/A
Current median unit, townhouse, villa, apartment price:
N/A
Current overall median rent weekly:
N/A
Annual rent growth rate:
N/A
Number of properties for sale:
85
Current house rental yield:
4.5%
Current unit rental yield:
5.0%
Current vacancy rate:
1.16%
Number of houses sold in last 12 months:
276
Number of units sold in last 12 months:
50
Number of properties sold recently:
75
Time on Market
Current time on market for houses:
31
Current time on market for units:
37
Growth Information
Growth - House past 12 months:
4.1%
Growth - House past 24 months:
11.89%
Growth - Unit, townhouse, villa, apartment past 12 months:
4.0%
Demography
Population:
16300
Median age:
40
Gender distribution:
Male: 49.2%
Female: 50.8%
Person type:
Families - Count: 67
Families - Average children per family: 0
Married: 46.4%
Separated: N/A (combined with divorced)
Divorced: 13.6% (separated or divorced combined)
Not married: 40.0%
Salary:
Weekly household income: $1,192 pw
Average annual income range: $84,000
Public housing:
Percentage: N/A
Street information: N/A
Property ownership types:
Fully owned: 31.5%
Being purchased: 25.8%
Being rented: 38.0%
Other or not stated: 4.7%
Property types:
Separate house: 85%
Semi-detached: 12%
Flat/unit/strata: 2%
Other: 1%
Median Price History
| Type | Bedrooms | Year | Price |
|---|---|---|---|
| Year | House | Unit |
Rent Price History
| Type | Bedrooms | Year | Price |
|---|---|---|---|
| Year | House | Unit |
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