SOLD
Sold on 04 Oct 2024 for $660,000

2 Rae Street
Cessnock NSW 2325

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 169m2
Land area: 600m2
Sold By
McGrath Hunter Valley Cessnock
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Property Details for 2 Rae St, Cessnock

2 Rae St, Cessnock is a 4 bedroom, 2 bathroom House and was built in 2010. The property has a land size of 600m2 and floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 4 bedroom House sold in Cessnock in the last 12 months.

Building Type
House
Year Built
2010
Floor Size
169m2
Land Size
600m2
Local Government
Cessnock
Lot/Plan
60/DP1147070

Last Listing description (October 2024)

This expansive two storey brick and tile home is positioned perfectly to maximise the 600sqm corner block, stylishly designed with a stacking stone feature wall, plentiful windows allowing light filled living spaces throughout the home.
- Four bedrooms, all with built-in robes, carpet throughout
- Master suite with large, mirrored robe and ensuite

- Living and dining at the entry level of the home with free flowing floorplan
- Stylish updated flooring to embrace the modern design of the home
- Kitchen features a CaesarStone breakfast bar and gas cook top
- Undercover patio overlooking the sizeable fully fenced yard
- Double attached garage with internal access and electric roller door
- Ample storage, linen press in the laundry and two storage cupboards upstairs
- 2.4kms to the main street, at the doorstep of cafes, shops and transport
- Opportunity for an investor with a potential rental return of $570 per week

KEY DETAILS:
Council Rates $422pq
Water Rates $240pq

Property History for 2 Rae St, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$660,000
04 Oct 2024
Listed for Rent
$430/w
25 Feb 2020
  • 04 Oct 2024
    Sold for $660,000
  • 26 Sep 2024
    Listed for Sale $660,000
  • 15 Oct 2019
    Listed for Rent - Price not available
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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 8,036 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.
There are currently 45 properties listed for sale, and 15 properties listed for rent in Cessnock on OnTheHouse. According to CoreLogic's data, 398 properties were sold in the past 12 months in Cessnock.

Suburb Insights for Cessnock 2325

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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.