Cessnock City Council, NSW

The City of Cessnock is a local government area in New South Wales Hunter region, located approximately 1.5 hours north of Sydney. The LGA has a number of schools, hospitals and other amenities, and is considered to be a good investment opportunity for those looking for affordable property in a regional area.

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The Cessnock property market is experiencing steady growth due to its affordability and convenience to Newcastle and Maitland. The market is predominantly made up of detached houses, which are in high demand from families and first home buyers. In Cessnock, 89.9 % of occupied private residences are detached houses, 7.6 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 1.5 % are flats or apartments, and 0.3 % are other dwellings.

The city is located in the wine-growing area of the Hunter Valley. The local economy is based on agriculture, viticulture and tourism. In Cessnock, the most prevalent jobs are Technicians and Trades Workers (18.0%), Labourers (13.9%), Machinery Operators and Drivers (13.1%), Community and Personal Service Workers (11.7%), and Professionals (11.3%).In Cessnock, the typical weekly personal income for residents aged 15 years and above is $540.

Due to its affordability and growing population, Cessnock is becoming an increasingly popular place to live. This is resulting in increased demand for property, which is pushing prices up. However, the market is still more affordable than neighbouring LGAs, making it a great option for those looking to invest in property.

The main downside to the Cessnock property market is its lack of amenities. There are few shops and restaurants in the town centre, and the public transport is limited. This can make it difficult for those who don’t have a car to get around.

Overall, the Cessnock property market is experiencing steady growth and is a great option for those looking to invest in property. It is affordable, has a growing population, and is convenient to Newcastle and Maitland.

Discover the latest price trends for houses in Cessnock with the help of interactive dashboard on this page.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Yield chart
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Demand chart
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How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Cessnock City Council, NSW

What other property markets are there near Cessnock City Council, NSW?

Cessnock City Council is surrounded by 6 other council areas – Singleton, Maitland, Central Coast, Newcastle, Hawkesbury, Lake Macquarie.

Suburbs/localities in this Local Government Area: Congewai 2325, Corrabare 2325, Abermain 2326, Abernethy 2325, East Branxton 2335, Ellalong 2325, Elrington 2325, Greta 2334, Greta Main 2325, Heddon Greta 2321, Kearsley 2325, Keinbah 2320, Kitchener 2325, Kurri Kurri 2327, Laguna 2325, Lochinvar 2321, Lovedale 2325, Loxford 2326, Millfield 2325, Bellbird 2325, Bellbird Heights 2325, Mount View 2325, Mount Vincent 2323, Mulbring 2323, Neath 2326, North Rothbury 2335, Nulkaba 2325, Olney 2325, Paxton 2325, Paynes Crossing 2325, Pelaw Main 2327, Pelton 2325, Quorrobolong 2325, Richmond Vale 2323, Rothbury 2320, Sawyers Gully 2326, Stanford Merthyr 2327, Stockrington 2322, Allandale 2320, Sweetmans Creek 2325, Bishops Bridge 2326, Weston 2326, Wollombi 2325, Yengo National Park 2325, Murrays Run 2325, Fernances Crossing 2325, Dairy Arm 2325, Watagan 2325, Branxton 2335, Aberdare 2325, Brunkerville 2323, Buchanan 2323, Buttai 2323, Cedar Creek 2325, Cessnock 2325, Cliftleigh 2321

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