OFF MARKET

Douro Street
Mudgee NSW 2850

Bedrooms: 12
Bathrooms: 8
Car spaces: -
Land area: 824m2
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Last updated 16 Sep 2024
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Property Details for 1-4/54 Douro St, Mudgee

1-4/54 Douro St, Mudgee is a 12 bedroom, 8 bathroom Unit. The property has a land size of 824m2.

Building Type
Unit
Land Size
824m2
Local Government
Mid-Western Regional

Last Listing description (September 2024)

Being offered in one line is this set of four individually titled town houses in near new condition and run as part of a short-term accommodation business showing healthy investment returns. All furnishings are included and offer the ideal scale for a short term accommodation business or lucrative longer term furnished leases. Situated in an exceptional location, this property holds strong appeal for owner occupiers which is sure to enhance capital growth.

Set in strategic pocket of Mudgee, one of the fastest growing precincts in NSW. With an average annual growth rate of 16.76% over the past 3 years and over 22 state significant developments planned for the region, now is a great time to invest in high yielding residential real estate.

- Excellently positioned on the edge of Mudgee's thriving CBD

- Master bedrooms with spacious built-in robes and an ensuite
- Secondary bedrooms are generously sized and include built-in robes
- The well-appointed kitchens offers ample storage and quality appliances
- Each with Ducted reverse cycle air-conditioning climate control
- Parks, schools, cafes, shops, and galleries are all within easy walking distance
- Proven returns furnished accommodation
- Furnished rental potential of $187,200pa - $900pw each

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Property History for 1-4/54 Douro St, Mudgee, NSW 2850

A timeline of how this property has performed in the market
  • 19 Mar 2024
    Listed for Sale $2,410,000

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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 7,111 properties. Over the last 5 years, Houses in Mudgee have seen a 68.54% increase in median value, while Units have seen a 83.96% increase. As at 31 August 2024:

  • The median value for Houses in Mudgee is $666,908 while the median value for Units is $459,634.
  • Houses have a median rent of $580 while Units have a median rent of $450.
There are currently 72 properties listed for sale, and 32 properties listed for rent in Mudgee on OnTheHouse. According to CoreLogic's data, 304 properties were sold in the past 12 months in Mudgee.

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