9 Tyrrell Grove, Cessnock NSW 2325

9 Tyrrell Grove, Cessnock NSW 2325
4-bed family house | 714 m² lot | 4/2/2 configuration | large-block family appeal | priced above local recent sales This property offers a rare combination in Cessnock: a four-bedroom, two-bathroom, two-car house on a 714 m² lot. That floorplan and land size put it clearly above the typical older two-bedroom stock found elsewhere in the suburb, and it competes directly with newer family-oriented builds. The configuration suits buyers who need separation between living zones and bedrooms, or who want room for a growing household without moving to a larger estate. The generous block also allows for outdoor entertaining, a shed, or future subdivision potential, subject to council approval. This is a property aimed squarely at families who want a modern footprint and outdoor space, not at first-home buyers looking for a compact entry point. The price range sits above recent sales evidence for smaller or less flexible homes in the area, which may reflect the larger land component and the four-bedroom layout. Buyers should weigh whether the premium is justified by the block size and room count, or whether comparable family homes nearby offer similar value at a lower entry point. The absence of confirmed build year, internal floor area, and finishes means the condition and quality of the fitout will significantly influence final value. A well-presented interior with modern kitchen and bathrooms could support the upper end of the range, while dated finishes might pull expectations down. The corner-site potential or any easements or slope on the lot could also affect usable space and future development options, so a building and pest inspection is advisable before committing. || Comparable Sales: 15A Tyrrell Grove sold $580,000 (3-bed townhouse); 1 Tulloch Terrace sold $685,000 (4-bed, 821 m²) | Property Price Band: $790,000–$840,000 | Value Drivers: land size, four-bed layout, presentation and condition of internal fitout
Detailed Independent Property Report prepared  by PropCred Analyst team for 9 Tyrrell Grove, Cessnock NSW 2325
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk
Income Risk ! 1
Execution Risk 2
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Market Insight

Cessnock anchors the Hunter Valley as a relative affordability hub: median house prices are $680,000, units $540,000, with gross yields of 4.65% and 5.24% respectively. Investors, first-home buyers, and families drive demand, leveraging prices far below Sydney and Newcastle. Conditions are firm—houses trade within a median 21 days, 372 sales in the past year, and annual growth near 8%. Unit growth is sharper at 12.27%, though alternative data suggests a slower 2.4% pace. Supply is tight, with only 19-22 new listings monthly against robust sales, supporting values but stretching local buyers. Connectivity via Maitland Road to Newcastle and the Hunter Valley underpins future demand, as do steady rental gains. Risks centre on interest-rate sensitivity and affordability constraints, as median prices push against local income capacity.
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PropCred Estimated Value

Comparable Sales: 15A Tyrrell Grove sold $580,000 (3-bed townhouse); 1 Tulloch Terrace sold $685,000 (4-bed, 821 m²) | Property Price Band: $790,000–$840,000 | Value Drivers: land size, four-bed layout, presentation and condition of internal fitout

Bedrooms

4

Bathroom

2

Parking

2

Land

714m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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