We’re avid supporters of investors here in Mudgee because with a zero percent vacancy rate with rental properties, and an ever increasing demand on rental housing, without investors, the market becomes even tighter and more competitive for renters!
Mudgee, along with other towns that support mining communities, provides some unique investment opportunities in that returns can be above the average market rental rate. If you’re in it for the long haul, it’s likely that the real estate cycle will see good returns when selling in the future too.
Other investments such as superannuation and shares can be more volatile than real estate, depending on the longevity of your investment and the choices you make, however with real estate, any fluctuation in value isn’t generally as intense, and the value lay in the fact that you have a tangible product at the end of it that will always have a demand.
Of course you should still do your research when investing in real estate, even in Mudgee, because property investing isn’t for everyone. However if you do it within your means and with the right ambitions and expectations, you can certainly capitalise on the Mudgee real estate market for rental properties.
We can help you start or build your property investment portfolio, simply contact Adam or Chandelle Woods for a private and confidential chat or visit the Professionals Mudgee website to see available properties for sale.