7 Nicholson Street, Mudgee NSW 2850
This property is Off Market
- Last sold 7/29/2022 for $800,000. The Average property price in this area is $1,320,294, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 182.00 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/24/2024 17 HARDY CRES $200,000
- 10/22/2024 18 GEORGE ST $525,000
- 10/18/2024 39 LEWIS ST $575,000
- 10/18/2024 7 BARRINGTON CT $265,000
- 10/15/2024 198 DENISON ST $200,000
About Mudgee
With an average age of 36, households expect an average monthly mortgage payment of $1,509 or a weekly rent payment of $302. The average family earns a weekly income of $1,586 with a typical household size of 2.3 and a 97.07% employment rate.
In Mudgee there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Mudgee is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Mudgee provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Mudgee we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Mudgee a better buying opportunity than it may have been in the past.
General Points of Interest
Mudgee Swimming Pool
Slow Fox Winery
Mudgee Golf Club
Glen Willow Regional Sport Stadium
Mudgee Observatory
Mudgee Miniature Railway
Henry Lawson Memorial
Henry Lawson Memorial
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 1684 asthma sufferers and 499 people living with diabetes. In addition, 602 people have a heart/vascular condition and 1295 people live with three or more chronic diseases.A good place to invest in property?
Mudgee a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
27 / 100
31 / 100
Industry
11 / 100
22 / 100
Population
08 / 100
19 / 100
House Prices
47 / 100
60 / 100
Jobs
30 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsMudgee HS Cudgegong Valley PS
-
Mudgee Public School
Mudgee, NSW, 2850 State K-6
Property Story
7 Nicholson Street, Mudgee, Nsw, 2850 is a residential property . The estimated distance to the sea is 182km and at least 3.84KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
Join usAlready have an account? Sign in
-
134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
Report this property
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure
