Lot 120 - Millfield Rise - Milfield

Millfield, Cessnock, NSW, 2325

$ 982,450

Millfield, Cessnock, NSW, 2325
House and Land Investment Property in Millfield, NSW (3.84% Yield) | Aus Investment Properties - Photo 1
House and Land Investment Property in Millfield, NSW (3.84% Yield) | Aus Investment Properties - Photo 2

Property Images

House and Land Investment Property in Millfield, NSW (3.84% Yield) | Aus Investment Properties - Photo 1 House and Land Investment Property in Millfield, NSW (3.84% Yield) | Aus Investment Properties - Photo 2
  • House and Land
  • Property Type
  • 3
  • Bedrooms
  • 2
  • Bathrooms
  • 1
  • Cars
  • 159

Details

Updated on Oct 16, 2026

Property Type: House and Land
Price: $ 982,450
Land Price: $ 518,000
Build Price: $ 464,450
Gross Per Week: $ 725
Gross Per Annum: $ 37,700
Gross Yield: 3.84%
Capital Growth 12 Months: 12.72%
10Yr Annualised Growth: 9.67%
Vacancy Rate: 1.11%
Property Size: 159 m2
Land Area: 968 m2
Bedrooms: 3
Bathrooms: 2
Parking: 1
Title Status: N/A
Property ID: 41605
SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.*

Millfield is a small rural suburb in the City of Cessnock, New South Wales, located in the Hunter Region and about 12 km southwest of Cessnock. It has a quiet, semi-rural atmosphere with surrounding farmland, bushland and rolling hills, making it suitable for people who prefer a peaceful country lifestyle while remaining close to Cessnock and the wider Hunter Valley.

Local amenities are limited but include a small general store, community facilities and historic attractions such as the Rising Sun Inn, while residents generally travel to Cessnock for larger supermarkets, shopping, restaurants, healthcare and other services. The Central Millfield Millfield Public School provides primary education within the suburb, while additional schooling options are available in surrounding Cessnock-area communities.

Transport in Millfield is primarily car-based, with bus services providing connections toward Cessnock. There is no railway station within the suburb, so residents generally travel to Cessnock for broader transport connections. The area is also well positioned for exploring the Hunter Valley, with vineyards, restaurants and regional attractions within driving distance. Overall, Millfield offers a relaxed rural lifestyle, strong community feel and easy access to Cessnock, although residents need a car for most shopping, services and commuting.

Forecasted value over 20 Years

Forecasted value is based on the 10 Year annualised growth.

Address Lot 120 - Millfield Rise - Milfield
City Cessnock
State NSW
Postcode 2325
Suburb Millfield
Region Hunter Region

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

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