SOLD
Sold on 27 Mar 2024 for $485,000

40 Macquarie Avenue
Cessnock NSW 2325

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 94m2
Land area: 563m2
Sold By
Jurd's Real Estate Cessnock
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Property Details for 40 Macquarie Ave, Cessnock

40 Macquarie Ave, Cessnock is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 563m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Cessnock in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
94m2
Land Size
563m2
Local Government
Cessnock
Lot/Plan
105/DP28268

Last Listing description (April 2024)

Presenting an exceptional opportunity for first home buyers or savvy investors, this delightful 3-bedroom residence offers unbeatable affordability. With a sturdy iron roof and recently replaced piers, this home ensures peace of mind for years to come.

As you step inside, the pine timber flooring welcomes you into the lounge and dining areas, complemented by a split air-conditioning system and a convenient gas outlet. The bathroom features a shower over bath, a single white vanity, and a separate toilet, enhancing its functionality. Each bedroom is carpeted, with two boasting ceiling fans, while generous natural light pours in through the two windows in every room.

Outside, a double garage and separate carport provide ample parking and storage options, adding to the appeal of this manageable 556m2 parcel. Conveniently located just 5 minutes from Cessnock CBD (2.7km), this residence offers both practicality and accessibility. Additionally, this location boasts close proximity to schools, medical centres, the hospital, retail shops, and more, all within mere minutes, making it an even more desirable place to call home.

- Recently replaced peers
- Fully fenced 556m2 block
- New electrical
- Easy access to a separate carport and a double garage
- Two water tanks
- Only 5 minutes from Cessnock CBD (approx. 2.7km)
- 59 minute drive to Newcastle (approx. 52km)
- 1h 53m drive to Sydney (approx. 162km)

Property History for 40 Macquarie Ave, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$485,000
27 Mar 2024
Listed for Rent
$275/w
14 Jan 2014
  • 27 Mar 2024
    Sold for $485,000
  • 11 Mar 2024
    Listed for Sale $460,000 - $500,000
  • 16 Jun 2014
    Sold for $233,000
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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.