OFF MARKET

5 Main Road
Paxton NSW 2325

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 67m2
Land area: 999m2
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Property Details for 5 Main Rd, Paxton

5 Main Rd, Paxton is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1959. The property has a land size of 999m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
House
Year Built
1959
Floor Size
67m2
Land Size
999m2
Local Government
Cessnock
Lot/Plan
3/DP11825

Last Listing description (September 2020)

At the end of every drought it always rains and when this particular drought is over the lagoon will be replenished and the view will be magnificent.

The 2 x three bedroom homes sit on a large block of land approx 999m2, set in the village of Paxton in arguably one of the best positions the town has to offer.

This property would suit the buyer with vision that can see the potential of the properties as well as their position. Both dwellings are both a work in progress there is no denying that.

The properties would be desirable as potential rental stream or great for large extended families. Move into 1 and rent 1, move into both, rent both the options are there.

Both properties have olde style features such as, ornate high ceilings, and polished timber floors, as well as lovely outside areas to enjoy the view of the lagoon and surrounding areas.

The front house is currently 3 bedroom, 1 bathroom and a work in progress which requires some obvious work to complete, but would, in its current condition would return $320 per week.

The rear property is also 3 bedrooms, 1 bathroom and is returning $320 per week.
There is a small shed out side for storage and houses a laundry, and the properties are fenced between.
The combined rent would be $640 per week.

The property sits approx 11 km from the centre of Cessnock with easy access to the Central Coast, Sydney and Newcastle and the famous Hunter wineries are a short drive away giving you access to all the region has to offer. Paxton and surrounds is the quiet semi rural lifestyle you have been looking for then this property is worth a look.

The bones of the properties are very good and the position is excellent. Sit on the veranda of either house and enjoy the vista, even without water in the lagoon it is breathtaking.

Property History for 5 Main Rd, Paxton, NSW 2325

A timeline of how this property has performed in the market
Last Sold
$410,000
18 Sep 2020
Listed for Rent
$320/w
02 Mar 2020
  • 18 Sep 2020
    Sold for $410,000
  • 20 Aug 2020
    Listed for Sale $410,000 - $420,000
  • 30 Jan 2020
    Listed for Rent $320 / week
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About Paxton 2325

The size of Paxton is approximately 4.3 square kilometres. The population of Paxton in 2011 was 850 people. By 2016 the population was 936 showing a population growth of 10.1% in the area during that time. The predominant age group in Paxton is 0-9 years. Households in Paxton are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Paxton work in a trades occupation. In 2011, 80.6% of the homes in Paxton were owner-occupied compared with 83.2% in 2016.

Paxton has 576 properties. Over the last 5 years, Houses in Paxton have seen a 74.41% increase in median value. As at 31 October 2024:

  • The median value for Houses in Paxton is $659,810 while the median value for Units is $463,466.
  • Houses have a median rent of $480.
There are currently 4 properties listed for sale, and 1 property listed for rent in Paxton on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Paxton.

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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.