Mudgee, 2850 ranked 1131th in NSW when comparing growth in median property values or capital gain over the last 12 months. Mudgee is one of 3163 in our list for NSW
The five-year average increase in median property values for Mudgee,2850 has given property investors a potential capital gain of 17.50% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Mudgee itself are offering an average vendor discount of -4.56% to real estate investors.
On average over the past year, suburb has had 24.92 sales per month, which equates to 299 per year.
With the median price for a house in Mudgee being $376000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 4.84%
Over the last year, property investments in Mudgee, 2850 have given investors a capital gain of 4.59%. This compares averagely with the 5.73% for NSW as a whole.
Across a shorter period, Mudgee, 2850 has seen a median price increase of 5.95% over the last quarter.
Our latest figures would indicate that property sellers in Mudgee are currently offering property investors an average price cut of -5.66% below the asking price at the moment.
Advertised rents are around the $300 mark per week – giving a return of 5.47% based on the median price in Suburb