With a capital gain of 2.29% for the last 12 months, Mudgee, 2850 has performed for property investments than its average annual 3.15% property growth over the last 5 years.
Mudgee,2850 was ranked 2684 in Australia by increase in median property value over the quarter.
Vendor discounting in Mudgee is giving property investors an average Vendor Discount of around -4.61%. This puts suburb at number 759th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 25.25 sales per month, which equates to 303 per year.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.80%, without taking into account capital value appreciation, which has been averaging out at 3.15%.
At number 678th in the list of Australian suburbs ordered by increase in median house value over the last year, Mudgee, 2850 is in the top 40% with a property value increase of 5.09% recorded in median house prices.
Comparing Mudgee,2850 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Mudgee 2850 should be seeing an average reduction in asking price of around -5.31% . This means that Mudgee is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Mudgee the average time real estate has been on the market is 157.41 days.
Situated 149.46km from the CBD, Mudgee is one of Mid-Western Regional localities in the postcode 2850.