Over the last year, property investments in Cessnock, 2325 have given investors a capital gain of 10.71%. This compares favourably with the 7.47% for NSW as a whole.
Cessnock,2325 was ranked 2042 in Australia by increase in median property value over the quarter.
Cessnock, 2325 is offering NSW ‘s 640th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
A $300 per week rent on the median house gives suburb investors a gross yield of circa 5.03%, without taking into account capital value appreciation, which has been averaging out at 4.55%.
Cessnock, 2325 ranked 309th in NSW when comparing growth in median property values or capital gain over the last 12 months. Cessnock is one of 3163 in our list for NSW
While Cessnock,2325 ranked number 346th in NSW for increase in median house value (annualised) increase, it is ranked 466th over the last 5 years.
Vendor discounting in Cessnock is giving property investors an average Vendor Discount of around -4.97%. This puts suburb at number 161th in NSW when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $3390 per annum or $282.5 every week.