OFF MARKET

17 Macquarie Drive
Mudgee NSW 2850

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 254m2
Land area: 1040m2
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Last updated 28 Oct 2024
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Property Details for 17 Macquarie Dr, Mudgee

17 Macquarie Dr, Mudgee is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1996. The property has a land size of 1040m2 and floor size of 254m2. While the property is not currently for sale or for rent, it was last sold in July 2019.

Building Type
Unit
Year Built
1996
Floor Size
254m2
Land Size
1040m2
Local Government
Mid-Western Regional
Lot/Plan
29/DP862452

Last Listing description (August 2019)

Located in a quiet South Mudgee cul-de-sac, this property consists of 3 x 2 bedroom units on one Title and offers an excellent opportunity for any astute investor.
- Constructed of low maintenance brick veneer, each unit comprises 2 bedrooms, bathroom and single car garage
- All have well sized kitchens, spacious living areas, full bathrooms and a functional laundry

- All bedrooms have built-in wardrobes and ceiling fans
- Reverse cycle split system air-conditioners and dishwashers to all units
- Each with a covered outdoor BBQ area overlooking private yards
- Low maintenance rental properties with consistent stable returns
- Two of the three units are rented fully furnished, all furniture is included in the sale
Currently rented and returning a gross rental of $56,160 per annum, this is the perfect set and forget investment property.

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Property History for 17 Macquarie Dr, Mudgee, NSW 2850

A timeline of how this property has performed in the market
Last Sold
$790,000
29 Jul 2019
Listed for Rent
$400/w
15 Mar 2019
  • 06 Jul 2021
    Listed for Rent $390 / week
  • 29 Jul 2019
    Sold for $790,000
  • 18 Jul 2019
    Listed for Rent $400 / week
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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 7,102 properties. Over the last 5 years, Houses in Mudgee have seen a 67.83% increase in median value, while Units have seen a 78.73% increase. As at 30 September 2024:

  • The median value for Houses in Mudgee is $668,435 while the median value for Units is $447,419.
  • Houses have a median rent of $580 while Units have a median rent of $440.
There are currently 76 properties listed for sale, and 51 properties listed for rent in Mudgee on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Mudgee.

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