Mudgee, NSW

FAIR VALUE

13,999 sales · 36 years of data · NSW, Australia

$670,000
Median (All)
$695,000
Median (Houses)
$500,000
Median (Apartments)
7.0%
10yr CAGR
5.8%
36yr CAGR
5.7%
Strata %
36 years of data · 13,999 sales analysed · 2,500+ suburbs · Updated weekly

Mudgee, NSW Property Market Overview

Mudgee, NSW, postcode 2850, is a significant regional centre in New South Wales, offering a blend of rural charm and modern amenities. Our property market analysis covers 36 years of sales data, encompassing 13,999 recorded property sales. The current median property price in Mudgee across all property types is $670,000.

Mudgee's property market is characterised by a mix of houses and apartments, with houses currently holding a median price of $695,000 and apartments at $500,000. The town is renowned for its vineyards, historic buildings, and thriving tourism industry, all contributing to its desirability as a place to live and invest. Mudgee offers a relaxed lifestyle with access to essential services and recreational activities.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $983,576
Based on the 10-year compound annual growth rate of 7.0%
Predominantly houses6% apartments
94% of sales are houses and other non-strata properties
Loading chart...

Property Mix

94%
Houses 94%$695,000Apartments 6%$500,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Mudgee

Street Rankings

Top streets in Mudgee, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Spring RdHouse9$950,000
2Lawson StHouse9$1,135,000
3Perry StHouse5$1,965,250
4Robertson StHouse9$810,000

... and 496 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Sydney RdApartment5$2,057/m²
2Mortimer StApartment11$2,473/m²
3Cox StHouse17$2,045/m²
4Market StApartment3$2,235/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Lawson StHouse+11.7%
2Douro StHouse+20.3%
3Cox StHouse+9.3%
4Gawthorne PlHouse+9.1%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

24
apartment buildings analysed
#AddressSalesMedian$/m²
11 A Sydney Rd5$430,000$2,057/m²
228 Mortimer St10$570,000$2,574/m²
323 A Cox St5$497,000$2,594/m²

... and 20 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

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Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

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Risk Indicator

Settlement times & problem streets

54
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

6%
apartments across 24 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

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500 streets and 24 buildings to explore

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3 street rankings
All 500 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
24 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 13,999 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Mudgee at a Glance

Region
Central West NSW
CBD Distance
Approximately 268km north-west of Sydney CBD
Train Station
No train station within Mudgee, but bus services connect to larger centres.
Council
Mid-Western Regional Council
Property Character
Mix of established residential, rural properties, and vineyards
Community
Families, retirees, and professionals seeking a rural lifestyle

Mudgee, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Mudgee, NSW

Life in Mudgee offers a relaxed, country town atmosphere with a strong sense of community. The town is known for its beautiful vineyards, wineries, and historic buildings, attracting tourists and providing a unique backdrop for residents. Families are well-catered for with schools like Mudgee Public School, Mudgee High School, and St Matthews Catholic School.

For everyday needs, Mudgee boasts a variety of shops and services in the town centre, including supermarkets, boutiques, and cafes. Parks and recreational areas like Lawson Park and Glen Willow Sporting Complex provide ample opportunities for outdoor activities. While Mudgee doesn't have a train station within the town itself, regular bus services connect it to larger centres, and the Dubbo Airport is within driving distance. Mudgee offers a blend of rural charm and modern convenience, making it an appealing place to call home.


Who Buys in Mudgee?

Mudgee attracts a diverse range of buyers, including families, retirees, and those seeking a tree change from larger cities. The current median house price of $695,000 makes Mudgee relatively accessible compared to metropolitan areas. The low strata percentage suggests that families and downsizers often prefer houses over apartments. The 7.0% 10-year CAGR may attract investors looking for long-term growth potential. The lifestyle benefits of Mudgee, including its wineries and community atmosphere, are also a significant draw for many buyers.

Market Analysis

As of early 2026, the Mudgee property market is assessed to be near its long-term trend, indicating a fair value cycle position. This suggests that property prices in Mudgee are currently aligned with historical growth patterns and economic fundamentals.

Being at fair value means that the market is neither significantly overvalued nor undervalued, reflecting a balanced state between supply and demand. This stability provides a degree of predictability for both buyers and sellers in the Mudgee property market. Continued monitoring of market dynamics is crucial to assess future shifts.


Is Mudgee a Good Investment?

Mudgee's property market presents a compelling case for long-term growth, driven by its regional significance, tourism industry, and lifestyle appeal. The 10-year CAGR of 7.0% and full-period CAGR of 5.8% demonstrate a history of consistent growth in property values. Mudgee's appeal lies in its blend of rural charm and modern amenities, attracting both owner-occupiers and investors.

As of early 2026, with the market near its long-term trend, Mudgee offers a stable entry point for those looking to invest in regional NSW. The presence of industries such as viticulture, agriculture, and tourism supports the local economy and contributes to the demand for housing. Continued infrastructure development and population growth are likely to further drive property values in Mudgee.


Mudgee Market Outlook

As of early 2026, the Mudgee property market is currently near its long-term trend, reflecting a balanced market. Recent price trends indicate a period of stability, aligning with the overall economic conditions in regional NSW. While the market is not experiencing rapid growth, it remains resilient due to its strong local economy and lifestyle appeal. Continued monitoring of market dynamics is essential to assess future opportunities in Mudgee.

Streets & Location in Mudgee, NSW

Mudgee, located in the Central West region of NSW and carrying the postcode 2850, features a diverse range of residential streets. The analysis of median property prices reveals that Perry Street and Macquarie Drive are among the top streets in Mudgee. With approximately 500 streets in total, Mudgee offers a variety of locations and property types. The town's location provides access to rural landscapes and vineyards, while still maintaining proximity to essential services and amenities.

Market Dynamics

The average settlement time for properties in Mudgee is currently around 54 days, reflecting a relatively efficient transaction process. There is no significant quick-flip activity, suggesting that most buyers in Mudgee are purchasing properties for long-term ownership rather than short-term profit. This indicates a stable market with a focus on owner-occupiers and long-term investors. Transaction patterns in Mudgee show a steady flow of sales, contributing to the overall market stability.

Development & Density

Mudgee's development density is relatively low, with a mix of established houses and limited apartment developments. There are approximately 24 apartment buildings in Mudgee, representing a small fraction of the total housing stock. This indicates a preference for detached housing and a more traditional residential landscape. The low strata percentage of 5.7% further supports this observation, suggesting that Mudgee remains predominantly a house-dominated market.

Growth & Property Mix

Over the past 10 years, Mudgee has experienced a compound annual growth rate (CAGR) of 7.0% in property values, indicating solid long-term growth. Looking further back, the 20-year CAGR stands at 5.0%, while the full period CAGR, covering 36 years of data, is 5.8%. These figures highlight the consistent, albeit moderate, growth trajectory of the Mudgee property market. The property mix in Mudgee includes both houses and apartments, with apartments representing a smaller portion of the overall market, as reflected in the 5.7% strata title percentage.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Mudgee, NSW

What is the median property price in Mudgee?
The current median property price in Mudgee is $670,000 across all property types. For houses, the median price is $695,000, while apartments have a median price of $500,000.
Is Mudgee overvalued or undervalued?
As of early 2026, the Mudgee property market is assessed to be near its long-term trend. This indicates that the market is currently at fair value, reflecting a balanced state between supply and demand.
How has the Mudgee property market performed over 10 years?
Over the past 10 years, the Mudgee property market has experienced a compound annual growth rate (CAGR) of 7.0%. This demonstrates solid long-term growth in property values in the area.
What percentage of Mudgee is apartments vs houses?
Apartments make up a relatively small portion of the Mudgee property market, with a strata title percentage of 5.7%. This indicates that houses are the dominant property type in Mudgee.
Where is Mudgee in the property cycle?
As of early 2026, Mudgee is considered to be near its long-term trend in the property cycle. This suggests that the market is currently at fair value, reflecting a balanced supply and demand.
What schools are near Mudgee?
Mudgee is well-served by a range of schools, including Mudgee Public School, Mudgee High School, and St Matthews Catholic School. These schools cater to students from primary to secondary levels.
What is Mudgee like to live in?
Mudgee offers a relaxed, country town lifestyle with a strong sense of community. It's known for its beautiful vineyards, wineries, and historic buildings, providing a unique backdrop for residents.
Is Mudgee good for families?
Mudgee is generally considered a good place for families, with a range of schools, parks, and recreational facilities. The predominantly house-based property market also caters well to family living.
How far is Mudgee from Sydney CBD?
Mudgee is approximately 268 kilometres north-west of the Sydney CBD. While there is no direct train line, bus services connect Mudgee to larger centres, and the Dubbo Airport is within driving distance.
What transport options are in Mudgee?
Mudgee relies primarily on bus services for public transport, connecting it to surrounding towns and larger centres. The nearest airport is Dubbo Airport, which offers flights to Sydney and other destinations. Major roads provide access to Mudgee by car.
How does Mudgee compare to nearby suburbs?
Compared to some nearby suburbs, Mudgee offers a more affordable property market with a relaxed lifestyle. While specific comparisons vary, Mudgee generally provides a balance between rural charm and access to essential services.
Is Mudgee a good first home buyer suburb?
With a median house price of $695,000, Mudgee may be accessible to some first home buyers, particularly those seeking a regional lifestyle. The availability of houses and a lower strata percentage could also be appealing.
What are the best streets in Mudgee?
Perry Street and Macquarie Drive are among the streets with higher median property prices in Mudgee. These streets may offer desirable locations or property types.
How many properties have been sold in Mudgee?
Over the past 36 years, there have been 13,999 recorded property sales in Mudgee.
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