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Cessnock 2325 has a solid average monthly sale volume with 37 average house(s) sold per month. The time taken to sell a house (days-on-market) currently is 27. This has increased from 22 days 12-months ago. The median house asking price for Cessnock is $618,000. Using the Lower Hunter Sa3 regional data, we estimate a 11% change in median sale prices in the last 12-months.
The median house rent price for Cessnock is $490. Using the Lower Hunter Sa3 regional data, we estimate a 11% change in median rent prices in the last 12-months. Rents for houses across the Lower Hunter market have increased by $50 in the last 12-months. Vacancy rates for the area are currently 1.33% with 38 additional vacant properties compared to a year ago. Houses listed for rent are expected to stay advertised for around 15 days on average.
Cessnock 2325 has a modest average monthly sale volume with 5 average units(s) sold per month. The time taken to sell a unit (days-on-market) currently is 22. This has decreased from 25 days 12-months ago. The median unit asking price for Cessnock is $457,600. Using the Lower Hunter Sa3 regional data, we estimate a 16% change in median sale prices in the last 12-months.
The median unit rent price for Cessnock is $355. Using the Lower Hunter Sa3 regional data, we estimate a 9% change in median rent prices in the last 12-months. Rents for units across the Lower Hunter market have increased by $30 in the last 12-months. Vacancy rates for the area are currently 1.33% with 38 additional vacant properties compared to a year ago. Units listed for rent are expected to stay advertised for around 18 days on average.
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