Mudgee is a well-established suburb in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 11,457, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $87K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Mudgee is $735,000, having increased 5% over the past year. Units have a median price of $565,000 (+13% YoY). The current median weekly rent is $615. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,733.
Mudgee is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 956, which is around the national average of 1,000. Public transport access includes 3 rail stations, 140 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Mudgee offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.4x is considered moderate. House prices have moved +5.0% year-on-year.
Mudgee is a well-established suburb in New South Wales within the Mid-Western Regional local government area (postcode 2850). With a population of 11,457, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $87K per year, with an average household size of 2.4 people. The most common occupations are technicians & trades, professionals, machinery operators & drivers. The top ancestries reported are Australian, English, Irish.
The median house price in Mudgee is $735,000, having increased 5% over the past year. Units have a median price of $565,000 (+13% YoY). The current median weekly rent is $615. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,733.
Mudgee is served by 4 schools, including 2 primary, 1 secondary, 1 combined. The average ICSEA score is 956, which is around the national average of 1,000. Public transport access includes 3 rail stations, 140 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Mid-Western Regional LGA is below average at 3,221 incidents per 100,000 population.
From an investment perspective, Mudgee offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($735K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.4x is considered moderate. House prices have moved +5.0% year-on-year.