Mudgee vs Caerleon
Mudgee (median $698,000) is roughly 2% cheaper to buy into than Caerleon ($712,500). Over the past year, Caerleon (+4.8%) ran 2.2 percentage points ahead of Mudgee (+2.6%) on house-price growth.
Buying in Mudgee or Caerleon?
Selling in Mudgee? The free selling guide
Mudgee and Caerleon side by side
| Measure | Mudgee | Caerleon |
|---|---|---|
| Price and market | ||
| Median house | $698,000 | $712,500 |
| Median unit | $510,000 | $274,320 |
| House price change, 12 months | +2.6% | +4.8% |
| Renting | ||
| House rent | $650/wk | $650/wk |
| Unit rent | $450/wk | $450/wk |
| Owner occupied | 62.0% | 60.0% |
| Renter occupied | 35.0% | 37.0% |
| Schools | ||
| Schools nearby | 4 | 4 |
| Average ICSEA | 957 | 957 |
| Lifestyle and people | ||
| Walk score | 0 | 0 |
| Transit score | 0 | 0 |
| Bike score | 0 | 0 |
| Population | 11,457 | 184 |
| Median age | 36 | 29 |
| Climate | ||
| Annual rainfall | 734 mm | 734 mm |
| Mean max, January | 30.4°C | 30.4°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
- For buyers
- Mudgee is the lower entry point at $698,000 median, 2% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Mudgee delivers the better gross yield (4.84% vs 4.74%), but Caerleon has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Caerleon has a heavier family-household mix (82% vs 68%), which typically signals stronger demand for family-amenable infrastructure (parks, schools, supermarkets).
Mudgee vs Caerleon: common questions
Is Mudgee or Caerleon cheaper to buy in?
Mudgee has the lower median house price at $698,000, roughly 2% below Caerleon ($712,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Mudgee or Caerleon?
Over the past 12 months, Caerleon grew +4.8% vs +2.6% in Mudgee, a gap of 2.2 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Which suburb has higher rental yield, Mudgee or Caerleon?
Gross rental yield on houses is 4.84% in Mudgee vs 4.74% in Caerleon. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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