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Cessnock, NSW 2330

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketWalkable

Median House

$675,000

Median Unit

$445,000

Gross Yield (houses)

5.3%

1yr Growth (houses)

-3.6%

estimate

Investment snapshot for Cessnock

Cessnock has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Cessnock market and investor summary

In Cessnock, NSW 2330, the median house sells for around $675K, on a gross rental yield of 5.3% for houses. House prices have moved -3.6% over the past year and +7.8% over three years. At 2.0% vacancy, it is a broadly balanced rental market.

For an investor, the rent-to-price maths here leans toward cashflow: a gross house yield near 5.3% does more of the early heavy lifting than capital growth usually would at this price point. Houses also take time to sell, around 69 days on market, so plan for a slower exit if you ever need one.

Living in Cessnock: people, income and schools

Cessnock has a resident population of roughly 16,300, a number that has held fairly steady over five years. At a median age of 40, it reads as skewed a little older, and families account for 67% of households.

The typical household income runs to around $62,000 a year (about $1,190 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 10.9 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 12% over five years, which tends to underpin what local buyers can pay.

Families have 10 schools within roughly 5km to choose from, testing below the national school average on ICSEA. Most day-to-day errands are doable on foot; the suburb scores 72 for walkability and 4 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
16,300
+3% over 5yr
Median age
40 years
Median household income
$62,000/yr
Households renting
38%
Family households
67%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
10
avg ICSEA 913
Unemployment
6.8%
Walk score
72/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Cessnock

No properties currently listed in Cessnock

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Frequently asked questions about Cessnock

What should I check before investing in Cessnock?

Cessnock has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.6%, giving a stronger rent-to-price starting point than many suburbs. Walkability score of 72 broadens the tenant pool beyond car-dependent renters. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Cessnock?

The median property price in Cessnock, NSW 2330 is $675K for houses and $445K for units.

What rental yield does Cessnock show?

The gross rental yield in Cessnock is 5.3% for houses and 5.6% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Cessnock?

House prices in Cessnock are down 3.6% over the past year and up 7.8% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Cessnock?

The current vacancy rate in Cessnock is 2.0%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.

How many people live in Cessnock?

Cessnock has a population of approximately 16,300 residents, with a median age of 40.

What schools are near Cessnock?

There are 10 schools within roughly 5km of Cessnock. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Cessnock affordable to buy in?

A median house in Cessnock costs about 10.9 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Cessnock's population growing?

The population of Cessnock has grown modestly, about 3% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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