Cessnock is an average performer in NSW when comparing median price capital growth over the last year. Cessnock gave property investors a average capital gain figure when compared to the rest of the state, with -2.67%.
Over the longer term, Cessnock has seen property prices show investors a 18.51% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Cessnock is $365000, with sellers offering an average of -6.65% off the asking price.
Over the last year, property investments in Cessnock, 2325 have given investors a capital gain of 2.35%. This compares favourably with the -0.92% for NSW as a whole.
A -19.74% growth in median value for property investors in Cessnock,2325 puts this suburb at number 459th in terms of best performing suburbs in NSW
Property buyers and investors in Cessnock 2325 should be seeing an average reduction in asking price of around -5.46% . This means that Cessnock is holding prices well when compared to other suburbs in NSW.
At number 822 in a list of fastest selling suburbs, Cessnock is in the bottom 40% of suburbs in Australia with an average of days on market 85 for properties listed there.
Cessnock, 2325’s gross rental yield is 5.11%