FOR SALE
$750,000 - $780,000

19 Madeira Road
Mudgee NSW 2850

Bedrooms: 3
Bathrooms: 3
Car spaces: 3
Land area: 1103m2
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ENDLESS OPPORTUNITY AWAITS.

Situated on a large block on popular Madeira Road, with close proximity to the golf course and schools, this home features multiple opportunities for families and seasoned investors alike.
Featuring:
- The main residence has two light filled large bedrooms, both with built-ins
- Open planned living with floorboards throughout
- Split system in the living area, perfect for Summer
- Ample storage including separate laundry area and ablutions
- Extensive outdoor entertaining area with easy to maintain back yard
In addition to the main residence, this home has a second newly completed dwelling with open living, large bedroom with walk in wardrobe, en-suite and no expense spared. Currently rented at $550 per week to kick off mortgage repayments and access via drivable side access.
The main residence also has rental guide of $500 - $525 per week, meaning the savvy investor could be looking at rental yields of over 7%
Don't miss this opportunity, contact James Tracy-Inglis on 0416 205 012 to arrange your private inspection today.

Property Details for 19 Madeira Rd, Mudgee

19 Madeira Rd, Mudgee is a 3 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 1103m2. The place is currently for sale with The Property Shop.

Building Type
House
Land Size
1103m2

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About Mudgee 2850

The size of Mudgee is approximately 29.7 square kilometres. It has 28 parks covering nearly 29.6% of total area. The population of Mudgee in 2011 was 9,829 people. By 2016 the population was 10,912 showing a population growth of 11.0% in the area during that time. The predominant age group in Mudgee is 0-9 years. Households in Mudgee are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mudgee work in a trades occupation. In 2011, 60.8% of the homes in Mudgee were owner-occupied compared with 59.7% in 2016.

Mudgee has 7,099 properties. Over the last 5 years, Houses in Mudgee have seen a 71.73% increase in median value, while Units have seen a 80.42% increase. As at 31 October 2024:

  • The median value for Houses in Mudgee is $677,170 while the median value for Units is $451,802.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 76 properties listed for sale, and 42 properties listed for rent in Mudgee on OnTheHouse. According to CoreLogic's data, 298 properties were sold in the past 12 months in Mudgee.

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James Tracy-Inglis
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