SOLD
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Sold on 21 Oct 2024 for $450,000

4/40 North Avenue
Cessnock NSW 2325

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 4/40 North Ave, Cessnock

4/40 North Ave, Cessnock is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Townhouse sold in Cessnock in the last 12 months.

Building Type
Townhouse

Last Listing description (October 2024)

Located within walking distance to the towns CBD this brick and tile townhouse is the epitome of central and low maintenance living. With many amenities in close proximity this property will lend itself to a savy investor, downsizer or first home buyer.
- Two bedroom low maintenance townhouse
- Neat and tidy kitchen with electric cooktop oven and breakfast bar

- Open plan kitchen and living space with a flow to the private outdoor courtyard
- Main bedroom with walk-in robe and sunbathed rear deck
- Fitted with air conditioning throughout for all year round comfort
- Spacious internal laundry with access to the outside courtyard
- Separate downstairs w/c to ensure practicality
- Situated at the rear of the complex separately standing in a well-maintained complex of four
- Single lock-up garage and private outside patio
- Conveniently located within walking distance to Cessnock CBD

KEY DETAILS:
Council Rates $323pq
Water Rates $263pq

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Property History for 4/40 North Ave, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$450,000
21 Oct 2024
Listed for Rent
$310/w
26 Aug 2019
  • 21 Oct 2024
    Sold for $450,000
  • 16 Oct 2024
    Listed for Sale $450,000
  • 17 Jul 2024
    Listed for Rent $440 / 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 8,100 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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