The central western NSW town of Mudgee, a hotspot for mining, agriculture and tourism, has been the top-performing NSW housing market over the past year, according to the latest Residex regional market update.
Mudgee district house prices are up 7.44% for the year to August, with a median house price of $272,500 following a gain of less than 1% in the previous 12-month period.
The property market is alive and buzzing in Spring, with an abundance of buyers and great weather for home inspections. That said, many properties will inevitably make their way onto the market, which means you’ll have a bit of work to do to ensure your investment stands out.
This is the perfect time to become an investor in Mudgee and Mudgee agency, The Property Shop, explains why.
Thinking of buying an investment property or adding to a portfolio you’ve already launched?
There’s a five word answer to such thoughts: “This is the ideal time!”
In fact there are so many signs pointing investors in that direction that it’s possible to list only a few of the main ones. Continue reading Time to buy in Mudgee is NOW!→
Buyers are embracing the state government’s property concessions.
More than $19 million in stamp duty concessions has been handed out to buyers of land and new houses and apartments since the state government introduced incentives to spur building activity. Continue reading Buying new off the plan→