If you compare the increase in value of investment property in Cessnock, 2325 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 10.00%.
A 31.72% growth in median value for property investors in Cessnock,2325 puts this suburb at number 980th in terms of best performing suburbs in NSW
The most recent median price for Cessnock is $313500, with sellers offering an average of -4.70% off the asking price.
Residents and property investors in Cessnock have been waiting around 81.38 days to sell a property.
Property investors should expect to get $300 weekly from the median priced house in this suburb.
Cessnock, 2325 ranked 353th 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
Across a shorter period, Cessnock, 2325 has seen a median price increase of -0.82% over the last quarter.
Cessnock, 2325 is offering NSW ‘s 224th 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 $285 per week rent on the median house gives suburb investors a gross yield of circa 5.00%, without taking into account capital value appreciation, which has been averaging out at 2.43%.