FOR SALE
Guide $670,000 - $690,000

24 Shedden Street
Cessnock NSW 2325

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 623m2
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Dual-Income Opportunity in the Heart of Cessnock

Nestled in the vibrant heart of Cessnock, this outstanding property is a must-see for investors seeking a high-yield, low-maintenance opportunity currently returning $720 per week . Featuring two separate dwellings on a single title, it offers immediate dual rental income and excellent potential for long-term growth.
The Front Home
Recently refreshed, this charming residence features three well-sized bedrooms, a cosy lounge room, a functional kitchen, and a neatly appointed bathroom. The separate laundry adds convenience, while the L-shaped verandah provides a welcoming outdoor space. Currently leased to reliable tenants, it delivers a rental return of $390 per week.
The Rear Dwelling
Modern and low-maintenance, the rear home comprises two bedrooms, an open-plan living and dining area, and a contemporary kitchen. A stylish tiled bathroom and private verandah enhance its appeal. This property is currently rented at $330 per week to excellent tenants.
Additional features include a full driveway and a double lock-up garage, providing ample parking and storage options.
Located just minutes from local shops, schools, and amenities, this property combines convenience with strong rental appeal, making it a standout addition to any portfolio.
Don’t miss this exceptional opportunity. Contact us today to learn more or to arrange your inspection.
Property Code: 2978

Property Details for 24 Shedden St, Cessnock

24 Shedden St, Cessnock is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 623m2. The place is currently for sale with STERNBECKS.

Building Type
House
Land Size
623m2

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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 8,100 properties. Over the last 5 years, Houses in Cessnock have seen a 74.72% increase in median value, while Units have seen a 62.66% increase. As at 30 November 2024:

  • The median value for Houses in Cessnock is $587,081 while the median value for Units is $452,667.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 40 properties listed for sale, and 12 properties listed for rent in Cessnock on OnTheHouse. According to CoreLogic's data, 381 properties were sold in the past 12 months in Cessnock.

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Michael Cleaves
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STERNBECKS
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