OFF MARKET

7 Rae Street
Cessnock NSW 2325

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 130m2
Land area: 611m2
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Last updated 11 Nov 2024
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Property Details for 7 Rae St, Cessnock

7 Rae St, Cessnock is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 611m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
2013
Floor Size
130m2
Land Size
611m2
Local Government
Cessnock
Lot/Plan
78/DP1147070

Last Listing description (October 2022)

This well maintained contemporary residence offers the simplicity of a single level layout on a 600m2 (approx.) block.

Set in Cessnock which is the gateway to the beautiful vineyard district of the Lower Hunter Valley. The home is close to the local primary school as well as all the amenities that Cessnock provides just a short drive away.

Currently leased with the tenant looking to stay on, this would suit an investor seeking an easy care investment or a buyer wanting to invest now and move in later.

Features include:

Contemporary brick & tile home
4 bedrooms with carpet flooring & built-in robes
Quality kitchen includes stainless steel appliances
Double garaging with R/C door & internal access
Level fully fenced yard with room for pets & children
Split system air conditioning

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Property History for 7 Rae St, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$555,000
14 Jun 2022
Listed for Rent
12 Sep 2022
  • 25 Aug 2022
    Listed for Rent $530 / week
  • 14 Jun 2022
    Sold for $555,000
  • 31 May 2022
    Listed for Sale $550,000 - $580,000
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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 8,037 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 47 properties listed for sale, and 15 properties listed for rent in Cessnock on OnTheHouse. According to CoreLogic's data, 395 properties were sold in the past 12 months in Cessnock.

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