FOR SALE
GUIDE $900,000-$950,000

2/11 Mulgoa Way
Mudgee NSW 2850

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Land area: 1904m2
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2 UNITS IN ONE LINE - EXCEPTIONAL INVESTMENT OPPORTUNITY

Privately nestled in the sort after locale of Mudgee's East, a unique opportunity is now available to secure two modern, self-contained duplex residences on a 1,904sqm parcel of land.
Both units have established long term rental histories and are currently let at a combined rental return of $990 per week. An exceptional and secure investment opportunity in a picturesque and tightly held east Mudgee location.
The property comprises of a three-bedroom, 2 bathroom unit and a two-bedroom 1 bathroom unit, which incorporate:
- Open plan living areas, overlooking the Cudgegong river and farmland to the north
- Large well-appointed kitchens, with plenty of storage and bench space
- Built-in wardrobes in all bedrooms
- Cassette split-system air conditioning throughout
- Private carports for each unit
- Basement garages offering additional storage, ideal for vehicles, trailers, mowers, etc.
- The adjoining 5 bedroom house on 1,392sqm land also available.
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Property Details for 2/11 Mulgoa Way, Mudgee

2/11 Mulgoa Way, Mudgee is a 5 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. The property has a land size of 1904m2. The place is currently for sale with The Property Shop.

Building Type
DuplexSemi-detached
Land Size
1904m2

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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 7,101 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 78 properties listed for sale, and 43 properties listed for rent in Mudgee on OnTheHouse. According to CoreLogic's data, 296 properties were sold in the past 12 months in Mudgee.

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Andrew Palmer
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Patrick Power
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