2014… and we’re off!
The holidays are over and the New Year is well under way. I hope everybody has had a wonderful break and are looking forward to a busy and prosperous 2014.
In real estate, it is looking like the momentum, gathering in our market at the end 2013, is set to pick up pace. We have seen a lot activity throughout January in both property management and sales. Continue reading Andrew’s Column – Jan 2014
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.
Residex reported a 16% jump in sales in Mudgee over this period, with 548 properties selling. Continue reading Mudgee leads list of 10 top-performing NSW housing markets with prices up 7.44%: Residex
For the second year in succession, the Property Shop Mudgee wins Australasian Rural Agency of the Year!
The Australasian Real Estate Results Network Awards (ARERA) brings together the highest performing agencies from across Australia and New Zealand.
Within the network, the benchmarks are very high and members commit to excellence in all aspects of client service.
This wonderful achievement by the team at The Property Shop Mudgee is recognition of the commitment to professionalism and excellence in our field, and the high level of service we provide to our clients.
Anglicare has declared the plight of low income renters in Mudgee “dire”, after a national survey failed to find even one rental property in the town which would be deemed “affordable” for a family on a single minimum wage.
Anglicare’s National Rental Affordability Snapshot examined about 50,000 properties across every state and territory on the weekend of April 14. Continue reading Rental crisis in Mudgee
Rain and more rain and just how good does our district look?
Having lived in the area all my life, I have never seen such a season like it.
There are, however, some downsides to rain when it comes to our local rural roads. Continue reading Rain and Roads in Mudgee …a note from Hugh.
Did you know you can make money from your home without selling it?
Some home owners in the Mudgee district, for example, are increasing their income by renting out rooms within their homes.
This has occurred in response to the population growth in the area resulting from the mining expansion, with a corresponding rise in the demand for accommodation. Continue reading Rent + Deductions = Money in the bank
The Mid-Western region will have access to four extra flights each week between Mudgee and Sydney beginning Wednesday, February 29.
Wednesdays and Fridays: Mudgee to Sydney flight
Departing Mudgee 10.30am. Arriving in Sydney 11.20am.
Wednesdays and Sundays: Sydney to Mudgee flight
Departing Sydney 2.30pm. Arriving Mudgee 3.20pm. Continue reading Aeropelican adds extra flights
The Mid-Western region is being sold as an escape to beat “coastal congestion” this holiday season.
Mudgee Region Tourism Inc. CEO Lucy White said the region had plenty of greenery to admire, many museums to visit and an abundance of adventure experiences.
“For instance Mudgee has become a popular destination for cyclists and their families,” she said.
“You can cycle your way around the vineyards or other areas and not have to worry about coastal traffic.” Continue reading Region to promote escape from coastal congestion
It’s time to plan ahead, in order to take care of the future needs of the growing district of Mudgee.
As it appears this growth will be exponential over the next five years, such organisation is essential to ensure that we avoid any crisis that could result from growing pains associated with our expansion. Continue reading Looking to the future – Planning well in hand for Mudgee developments
How is the current rental market affecting property investors?
It’s a good question and the answer is highly encouraging.
It relates to the shortage of rental properties as highlighted in recent media articles and the fact that population growth is outstripping construction and investment.
As The Property Shop principal, Hugh Bateman agrees, this is not surprising, given that Australia’s resident population is expected to top 22,608,000 this month.
While that’s the big picture, Hugh is aware that investors want to know just how this situation is impacting locally in the rental market. Continue reading Rental market – Strike while the iron is hot!