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Mudgee vs Oakhampton

Property investment comparison - Mudgee, NSW 2850 vs Oakhampton, NSW 2320

Head-to-head across core investment metrics: Mudgee wins 1, Oakhampton wins 3. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricMudgeeOakhampton
Median house price$740K$740K
Median unit price$510K$525K
Gross rental yield (houses)4.40%4.55%
Gross rental yield (units)5.20%5.84%
1-year house growth+6.4%-
3-year house growth+5.7%-
Vacancy rate2.7%1.7%
Population11,457165

Mudgee vs Oakhampton: what the numbers say

Houses cost about the same in both suburbs: the median house price is $740K in Mudgee and $740K in Oakhampton.

For units, Mudgee sits at a median of $510K against $525K in Oakhampton, which makes Mudgee the more affordable unit market and Oakhampton the pricier one.

On cash flow, Oakhampton leads: houses there return a gross rental yield of 4.55%, compared with 4.40% in Mudgee, a gap of 0.15 percentage points.

Rental vacancy is 1.7% in Oakhampton and 2.7% in Mudgee, so landlords in Oakhampton face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Mudgee is the bigger suburb, with a population of 11,457 against 165, roughly 69 times the size of Oakhampton; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Oakhampton for rental income, Oakhampton for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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