131 Wollombi RoadCessnock NSW 2325
Property Details for 131 Wollombi Rd, Cessnock
131 Wollombi Rd, Cessnock is a 0 bedroom, 1 bathroom House. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 0 bedroom House sold in Cessnock in the last 12 months.
Last Listing description (July 2024)
Discover the potential of this centrally located 809Sqm land with a sealed rear lane perfect to knock down and develop into a medium density investment (STCA).
Currently renting the shop to a long established neighbourhood business who is expanding into new and larger premises and is open to continue leasing for a short term.
Situated in the heart of West Cessnock CBD, this property enjoys an unparalleled visibility, offering a strategic advantage for redevelopment.
Located only 260m from Cessnock West Public School and 1km from the Cessnock CBD.
Property quick facts:
- R3 Medium Density
- Water Rates $1,151.37 approx. pa
- Council rates $1,754.00 approx. pa
- Block size 809Sqm - 20.1m x 40.2m
For more information and to arrange your inspection please contact Bryce Gibson at LJ Hooker Cessnock today on (02) 4050 6000.
Property History for 131 Wollombi Rd, Cessnock, NSW 2325
- 05 Jul 2024Sold for $599,000
- 10 May 2024Listed for Sale Sold
- 02 Dec 2015Sold for $230,000
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0About 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 8,036 properties. Over the last 5 years, Houses in Cessnock have seen a 74.11% increase in median value, while Units have seen a 62.83% increase. As at 31 October 2024:
- The median value for Houses in Cessnock is $581,185 while the median value for Units is $454,491.
- Houses have a median rent of $500 while Units have a median rent of $438.
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