OFF MARKET

5 Arcadia Avenue
Cessnock NSW 2325

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 599m2
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Last updated 30 Sep 2024
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Property Details for 5 Arcadia Ave, Cessnock

5 Arcadia Ave, Cessnock is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 599m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1950
Floor Size
110m2
Land Size
599m2
Local Government
Cessnock
Lot/Plan
111/DP28268

Last Listing description (October 2023)

Welcome to your ideal starter home, offering an amazing opportunity to add value and make it truly your own. This three bedroom home boasts a generously sized main bedroom with wardrobes in all bedrooms. Offering a range of features designed for comfort including a combustion fireplace, multiple air conditioners and ceiling fans throughout, you will have climate control all year round. Conveniently located just 1.8km to Cessnock CBD and within walking distance to West Cessnock Public School.

- Modern kitchen offers ample cupboard space and flows through to dining and living area
- The quaint Bathroom is neat and tidy with a separate toilet for added convenience

- Comfortable living area features combustion fireplace with multiple air conditioners and ceiling fans throughout the home
- Great portfolio builder for the investor with a realistic rental return of $450/week
- Single carport could double as your outdoor entertaining area with additional storage room and garden sheds
- The level, 594.4m2 low maintenance block, is fully fenced, ideal for the kids or family pet
- Sitting in close proximity to the local park, offering additional space for outdoor activities
- Conveniently located just 1.8km from Cessnock CBD, walking distance to West Cessnock Public School and the West Cessnock shopping precinct
- Don't miss out on this opportunity to own your starter home with the potential to add value

Please note: Wardrobes in the three bedrooms will be staying with the property.

Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries. Images & Furnishing are for illustrative purposes only and do not represent the final product or finishes. For inclusions refer to the inclusions in the contract of sale. Areas are approximate.
All parties are advised to seek full independent legal and professional advice and investigations prior to any action or decision.

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Property History for 5 Arcadia Ave, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$460,000
07 Jul 2023
  • 07 Jul 2023
    Sold for $460,000
  • 22 Jun 2023
    Listed for Sale Guide: $450,000 - $480,000
  • 01 Jun 2020
    Listed for Sale $299,000 - $315,000
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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 8,080 properties. Over the last 5 years, Houses in Cessnock have seen a 71.40% increase in median value, while Units have seen a 58.69% increase. As at 31 August 2024:

  • The median value for Houses in Cessnock is $572,697 while the median value for Units is $440,045.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 36 properties listed for sale, and 12 properties listed for rent in Cessnock on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in Cessnock.

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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