SOLD
Sold on 24 Jul 2024 for $2,250,000

45 South Avenue
Cessnock NSW 2325

Bedrooms: -
Bathrooms: -
Car spaces: 4
Land area: 2856m2
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Property Details for 45 South Ave, Cessnock

Building Type
Commercial
Land Size
2856m2
Local Government
Cessnock
Lot/Plan
291/DP40038

Last Listing description (July 2020)

- Excellent storage warehouse or distribution hub
- Secure complex shared with Australia Post Distribution facility
- Building could be divided into 2 separate units

- 385 sqm and 5 m internal height
- Kitchenette and unisex disabled toilets
- Essential fire services and water storage tank
- Concrete floors and external part covered hardstand area

Property History for 45 South Ave, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$2,250,000
24 Jul 2024
Listed for Rent
$53k/w
22 Jul 2020
  • 24 Jul 2024
    Sold for $2,250,000
  • 12 Jul 2019
    Listed for Rent - Price not available
  • 20 Jan 1995
    Sold for $190,000
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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 8,042 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 46 properties listed for sale, and 21 properties listed for rent in Cessnock on OnTheHouse. According to CoreLogic's data, 399 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.