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Sold on 11 Dec 2023 for $495,000

8/5 Stonebridge Drive
Cessnock NSW 2325

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 8/5 Stonebridge Dr, Cessnock

8/5 Stonebridge Dr, Cessnock is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Townhouse sold in Cessnock in the last 12 months.

Building Type
Townhouse
Local Government
Cessnock
Lot/Plan
8/SP91103

Last Listing description (December 2023)

Investors, downsizers, and first home buyers, your search ends here! This contemporary two-bedroom townhouse, constructed in 2015, exudes modern style and functionality. Ideally positioned at the gateway to the Hunter Valley Wine Country, this property is a mere stone's throw away from Mt View High School and just 1.8 kilometers from the vibrant heart of the Cessnock CBD.

- Two well-appointed bedrooms, each boasting spacious built-in robes and ceiling fans
- The modern kitchen is equipped with gas cooking, stainless steel appliances, and a convenient breakfast bar

- The open-plan living and dining areas feature reverse-cycle air conditioning and ceiling fans, creating a comfortable atmosphere. These spaces seamlessly connect to the private courtyard, perfect for relaxation and outdoor enjoyment
- The main bathroom offers a separate bath and shower, complemented by an additional powder room conveniently located on the ground floor
- A single garage, complete with an automatic roller door and internal access, ensures secure and hassle-free parking
- Investors, this townhouse is leased to fantastic tenants, generating a rental income of $440 per week

If you're seeking a modern, low-maintenance lifestyle in a highly desirable location, don't miss out on this fantastic opportunity.

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 8/5 Stonebridge Dr, Cessnock, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$495,000
11 Dec 2023
Listed for Rent
$400/w
17 Aug 2023
  • 28 Nov 2023
    Sold for $495,000
  • 07 Nov 2023
    Listed for Sale Not Disclosed
  • 28 Jul 2023
    Listed for Rent $400 / 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 8,042 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.

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