OFF MARKET

55 Mount View Road
Cessnock NSW 2325

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 536m2
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Last updated 28 Oct 2024
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Property Details for 55 Mount View Rd, Cessnock

55 Mount View Rd, Cessnock is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 536m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
House
Year Built
1930
Floor Size
90m2
Land Size
536m2
Local Government
Cessnock
Lot/Plan
69/DP13251

Last Listing description (January 2021)

It's affordable, it has loads of potential and it's a corner block. These words say volumes about this great property. An original weatherboard, this home has some lovely original features, such as high ceilings, large bedrooms and ornate plasterwork, which are real assets to what would be a beautiful home if renovation is part of your value add plan. Dual income properties are now a common source of increasing the return on your residential investment, and this corner block would provide an easy opportunity to position a granny flat with its own street frontage as opposed to a battle axe.Affordable to most, this property can be a first home, would be perfect to get you out of the rent cycle, especially with current interest rates so low and can be a first or additional investment property.Close to town, walk to Primary and High Schools. Loads of opportunity at a price that will suit most budgets.

Property History for 55 Mount View Rd, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$300,000
01 Dec 2020
Listed for Rent
06 Oct 2014
  • 01 Dec 2020
    Sold for $300,000
  • 12 Nov 2020
    Listed for Sale PRICE RANGE: $290,000 - $310,000
  • 28 Dec 2018
    Listed for Sale Not Disclosed
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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 8,043 properties. Over the last 5 years, Houses in Cessnock have seen a 71.53% increase in median value, while Units have seen a 59.10% increase. As at 30 September 2024:

  • The median value for Houses in Cessnock is $572,217 while the median value for Units is $444,525.
  • Houses have a median rent of $500 while Units have a median rent of $430.
There are currently 45 properties listed for sale, and 17 properties listed for rent in Cessnock on OnTheHouse. According to CoreLogic's data, 401 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.