Back 49 Ferguson Street
Off Market

49 Ferguson Street

Cessnock NSW 2325

3
2
2
695.4 m²
House
Last sold for $705,000
Matthew ClarksonMatthew Clarkson, last sold this property on 09 June 2026 after -1 days on market.

Overview

Sold off market by Matt Clarkson

If you're looking for a solid investment with immediate return and future upside, this dual-income property is well worth your attention. Set on one title and already tenanted, it delivers two established income streams with a simple, proven setup. Bringing in a combined annual rental income of $37,440, the property already offers a solid return from established tenancies. Originally a single home, the property has been divided into two self-contained units under the one roofline. Each unit offers its own kitchen, bathroom and living area, creating a practical layout suited to long-term tenants and consistent occupancy. Both units have been updated where it counts, with new flooring and refreshed interiors throughout, keeping maintenance low while still appealing to the rental market. The layouts are functional and easy to manage, making it an ideal "set and forget" style investment. Outside, the property continues to offer value with a large backyard providing scope to further improve or add value over time (STCA). There is a double carport, additional storage space, and an external laundry, adding to the overall practicality of the property. Positioned in a convenient location just approx. 1.5km to Cessnock CBD, the property is also within easy reach of local schooling, including approx. 1.2km to Cessnock Public School and approx. 1.8km to Cessnock High School. Nearby parks, sporting facilities and everyday amenities further support strong ongoing rental demand, while the Hunter Valley is just a short drive away. With two tenancies already in place, reduced vacancy risk, and the opportunity to further enhance and grow returns over time, this is a straightforward investment opportunity that ticks the key boxes for both new and experienced investors. - Dual income property - Both units currently tenanted for immediate return - Current annualised rental income $37,440 - Each unit includes kitchen, bathroom and living area - Updated flooring and refreshed interiors throughout - Functional, low-maintenance layouts - Large backyard with value-add potential (STCA) - Double carport plus storage - Strong rental demand location

Features

3 bedrooms
2 bathrooms
2 carspaces
695.4 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Cessnock over the last 12 months, the estimated median property value of 49 Ferguson Street is $705k.

Median value
$705k
Estimated value range
$340k - $1.05m
Median days on market
21
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cessnock. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 49 Ferguson Street

2026
Sold
$705,000
Private Sale/Treaty on 09 Jun 2026 by Matthew Clarkson, of Stone Real Estate Hunter Valley
2022
Sold
$480,000
27 Jan 2022 by Heath Baird, of Baird Real Estate

Happy sellers in Cessnock

89%
89% of sellers in Cessnock reported that their sale price either exceeded or met their price expectations.

Cessnock stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 64 reviews in Cessnock over the last 12 months.

Local market activity for 3 bedroom houses in Cessnock

In the last 12 months, 158 three-bedroom houses similar to 49 Ferguson Street, have been sold.

This represents a 17% increase in three-bedroom houses sales when compared to the previous 12 months.

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