OFF MARKET

79 Wollombi Road
Cessnock NSW 2325

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 118m2
Land area: 796m2
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Property Details for 79 Wollombi Rd, Cessnock

79 Wollombi Rd, Cessnock is a 2 bedroom, 1 bathroom House and was built in 1940. The property has a land size of 796m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Year Built
1940
Floor Size
118m2
Land Size
796m2
Local Government
Cessnock
Lot/Plan
8/4/DP5085

Last Listing description (October 2023)

This large 2 bedroom home is conveniently located less than 2 km to the Cessnock CBD and zoned R3 Medium Density Residential. Currently tenanted at $400 per week to long term tenants, it would make an ideal addition to any property portfolio. The land size is 809 sqm with easy access to the rear yard making it suitable for a 'granny flat' addition to maximise your investment return.
Internally, the home boasts 2 spacious bedrooms, an enclosed verandah (used as a 3rd bedroom), loungeroom, dining area off the kitchen, bathroom and laundry.
Great first home or investment opportunity.

Property History for 79 Wollombi Rd, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$500,000
21 Aug 2023
Listed for Rent
$420/w
21 Dec 2022
  • 21 Aug 2023
    Sold for $500,000
  • 24 Jun 2023
    Listed for Sale Not Disclosed
  • 09 Nov 2022
    Listed for Rent $420 / week
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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 14 properties listed for rent in Cessnock on OnTheHouse. According to CoreLogic's data, 412 properties were sold in the past 12 months in Cessnock.

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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.