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Sold on 16 Aug 2024 for $415,000

2/48A Mcgrane Street
Cessnock NSW 2325

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 213m2
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Property Details for 2/48a Mcgrane St, Cessnock

2/48a Mcgrane St, Cessnock is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 213m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Cessnock in the last 12 months.

Building Type
Unit
Floor Size
99m2
Land Size
213m2
Local Government
Cessnock
Lot/Plan
2/SP67459

Last Listing description (August 2024)

Looking to downsize or for a great investment opportunity? Your search ends here! Unit 2/48a McGrane Street, Cessnock is the perfect choice for you.

This neat and tidy brick and tile unit features two bedrooms, main bedroom with additional air conditioning, both rooms with built-in robes, full internal paint and new floor coverings throughout.

The bathroom offers both a separate bath and shower.
Relax and unwind in the spacious open and combined kitchen, dining, living area complete with reverse cycle air-conditioning.

To top it off this well located unit has a single lock-up garage as well as a fully fenced front court yard for added space and enjoyment.

Property quick facts:
- 2 beds, 1 bath and 1 garage - 750m to the Cessnock CBD
- NEW paint throughout (internally) - NEW floor coverings
- Market Rent $420-$430 per week + water usage
- Council Rates: $1693 pa - Strata Levies: $2912 pa - Water Rates: $909 pa (approx)

Don't miss this fantastic opportunity! Contact us today to schedule a viewing and make this incredible unit yours.

Property History for 2/48a Mcgrane St, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$415,000
16 Aug 2024
Listed for Rent
$270/w
19 Nov 2019
  • 16 Aug 2024
    Sold for $415,000
  • 29 Jul 2024
    Listed for Sale $429,000
  • 06 Nov 2019
    Listed for Rent $250 / week
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About Cessnock 2325

The size of Cessnock is approximately 35.6 square kilometres. It has 19 parks covering nearly 10.7% of total area. The population of Cessnock in 2011 was 13,673 people. By 2016 the population was 15,163 showing a population growth of 10.9% in the area during that time. The predominant age group in Cessnock is 20-29 years. Households in Cessnock are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Cessnock work in a trades occupation. In 2011, 61.5% of the homes in Cessnock were owner-occupied compared with 57.3% in 2016.

Cessnock has 8,076 properties. Over the last 5 years, Houses in Cessnock have seen a 71.56% increase in median value, while Units have seen a 55.12% increase. As at 31 July 2024:

  • The median value for Houses in Cessnock is $573,484 while the median value for Units is $433,542.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 44 properties listed for sale, and 16 properties listed for rent in Cessnock on OnTheHouse. According to CoreLogic's data, 406 properties were sold in the past 12 months in Cessnock.

Suburb Insights for Cessnock 2325

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Contact agent
Bryce Gibson
Show contact details
LJ Hooker Cessnock
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.