With a capital gain of 12.90% for the last 12 months, Cessnock, 2325 has performed for property investments than its average annual 4.79% property growth over the last 5 years.
Comparing Cessnock,2325 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Vendor discounting in Cessnock is giving property investors an average Vendor Discount of around -5.03%. This puts suburb at number 643th in NSW when ranking the most discounted suburbs.
Cessnock is 190th on a list of best yielding suburbs for rents in NSW with a 4.95% return
NSW has seen average median house prices change by 6.07% which means that Cessnock, 2325 has done well for property investors by showing a capital gain of 4.20% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Cessnock has increased when compared to the 5 year average annual rate.
Property buyers and investors in Cessnock 2325 should be seeing an average reduction in asking price of around -4.45% . This means that Cessnock is holding prices well when compared to other suburbs in NSW.
The NSW suburb of Cessnock, 2325 is in the Cessnock local government area.