Mudgee has shown itself to be a solid performer for investment properties, and this Mudgee property is no exception. This brick property has continued to attract good long term tenants, who enjoy leasing a low maintenance property that has all the extras that make life comfortable.
Of course, a good healthy return is vital to any investment and with this property being currently rented at $450 per week, an approximate return of over 5% is nothing to be sneezed at.
|R&H Suburb Summary||Houses|
|Number of sales||346|
|Median Rental Price||$400 p.w.|
|Change in Rental Rate (5yr)||8 %|
|R&H Suburb Summary||Units|
|Number of sales||34|
|Median Rental Price||$290 p.w.|
|Change in Rental Rate (5yr)||-3 %|