Mudgee has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -0.79% to date .
Taking the average capital gain, or increase in median house value, Mudgee,2850 has racked up an average of -0.79% over the period. This ranks it number 3369th in the whole country for real estate investors looking at median house price increases.
Mudgee, 2850 is offering NSW ‘s 829th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.
At number 3357 in a list of fastest selling suburbs, Mudgee is in the bottom 20% of suburbs in Australia with an average of days on market 124.23 for properties listed there.
Advertised rents are around the $350 mark per week – giving a return of 4.83% based on the median price in Suburb
Mudgee, 2850 ranked 416th 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 3.77% across each of those five years.
Property buyers and investors in Mudgee 2850 should be seeing an average reduction in asking price of around -5.82% . This means that Mudgee is holding prices well when compared to other suburbs in NSW.
At number 1465 in a list of fastest selling suburbs, Mudgee is in the bottom 10% of suburbs in Australia with an average of days on market 159.12 for properties listed there.
Mudgee, 2850’s gross rental yield is 5.66%