29 Chidgey St, Cessnock is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 491m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
At this price and showing a close to 7% return plus potential for capital growth, it's time to get your money out of the bank and back into property!
The current tenant has been in residence for 15 years with no intention of moving and the home features separate lounge, modernised laminate kitchen with adjoining dining area, two bedrooms, tidy bathroom and an easy care block with double garage.
Tenants have just signed a new lease at $265 per week and are great at up keeping the property.
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 8,074 properties.
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