property investment information€¦ · 8 property investment information investment snapshot 2...

Mudgee

Property Investment Information

3 Property Investment Information

Overview

Mudgee is a diverse regional hub located in Central West NSW, some 3 hours north-west of Sydney. The main economic drivers for Mudgee are mining, green energy, agriculture, viticulture and tourism.

Rental yields in Mudgee are approximately 2.3x the Sydney average. Capital growth in house values has increased 89.7% (2003-2016)

In 2011-12 Mudgee recorded the fastest population growth of any inland town within New South Wales. Mudgee enjoys a growth rate almost 3 times greater than Dubbo, Bathurst or Orange.

Mudgee’s population growth is rapidly leading to a land and housing shortage. Currently, zoned residential land supply meets less than 25% of projected demand to 2021, leading to a supply deficit of 3,896 blocks of land and increased competition for available properties.

There is a significant amount of infrastructure investment driving the wealth and population base of Mudgee. Each of the major coal mines within the region are earmarked for substantial capex investment to meet rising energy demands.

Coal reserves within the area comprise 21.4% of NSW total reserves and broadly equate to around 90 years supply based on current sales and export volumes.

Additionally, a $1.3 billion wind farm project has been approved, and the largest undeveloped silver mine in Australia is now at the advanced exploratory stage. Local tourism continues strong year-on-year growth.

Extra wealth is already flowing into Mudgee and should continue to do so. Median household incomes in Mudgee rose more than 40% between 2006-2011 and continued to grow at above average levels between 2011-2016.

Highlights Regional Economy ; Caerleon Landscaped and Registered land located near existing facilities with stunning views of rolling hills and local features, plus:

9 New House & Land Packages over 800 sq meters

9 Child Care & Aged Care sites reserved

9 Catholic Schools looking to expand / re-locate from town centre

9 Caerleon allows Mudgee to partially meet current and projected growth demand for both rental and new home buyers.

; Bowden’s Silver Mine DepositBowden’s Silver is the largest silver project in Australia starting active development including drilling and capital raising and one of the largest mines of its type globally. Located approximately 30 km east of Mudgee the project comprises 408,000 acres.

; Ulan Coal (Glencore)A premier employer within the coal industry and an employer-of-choice for skilled and experienced workers Ulan provides plenty of above-ground mining jobs, full wash-down change rooms enabling the ‘no hi-viz’ policy in Mudgee township to be a reality. This enhances Mudgee’s economy outside of mining.

; Established Agri-businesses The innovative nature of farms and farming techniques in the greater Mudgee area can be seen in the businesses supporting in the township including local based solar industry providing applications not just to residential but to solar based irrigation capabilities. Mudgee has a ‘centre for excellence’ where new farmers are trained in time-honoured techniques as well as the latest practices. Mudgee welcomes back thousands of famers and students each year for practical weekend workshops as well as structured study.

; Award winning Wineries & TourismThere are over 35 cellar doors in the Mudgee Region displaying an excellent range of regional Award winning wines to suit all palates. Springing off these centres for winemaking is vibrant tourism, provision for epicurean foods and a restaurant economy supported by festivals with key events each September & October as well as supporting local wine-making infrastructure and development. These wineries support Mudgee being considered as # 1 Foodie destination in Australia by booking.com!

; Bylong Valley Reserves Potential reserves are in demand for future exploration within the area

; Sport Stadium There are over 10 playing and practice fields adjacent to a main stadium that is heavily booked by summer and winter sporting associations especially from Sydney and the surrounding mid-west district. By upgrading the facility Mudgee Council has assured that there is an injection of tourists as families and their sports stars of tomorrow flock to Mudgee as a convenient location to stay during their week-long tournaments held typically in the autumn and winter school breaks.

; Crudine Wind Farm As well as having a suitable wind resource and strong local community support the Crudine Wind Farm near Mudgee has:

9 Proximity to residential properties and a new housing estate

9 Surrounding land uses are consistent with power generation

9 No areas sensitive to specific environmental protection requirements with respect to wind farm power generation

; Mudgee Hospital Upgrade As part of the $70.2 million Mudgee Hospital Redevelopment there will be a major upgrade to the health service’s infrastructure in the region. Including

9 Upgrade to the existing health service in size & scope.

9 More contemporary facilities and integrated models of health care.

9 Promoting Mudgee Hospital as the hub for people living in the Mid-Western Regional Local Government Area

9 Meeting health service needs through to 2027.

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1. Bowdens Silver Mine’s Deposit2. Glencore Ulan Mine3. Bylong Valley Reserves4. Crudine Ridge Wind Farm5. Wineries & Wine producing industry6. Agriculture 7. Boutique Luxury stays

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Regional Economy& Features

2015 MUDGEE REGION TOURISM INC.

ULAN 48kmNEWCASTLE 360km

LUE 28kmRYLSTONE 53km

SYDNEY 265km

GULGONG28km

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Produced for tourism purposes only and may not feature all roads.For more detailed maps please contact Mid Western Regional Council.

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Burgundy Ave M6Burgundy Rd M7Burrundulla Av I-K14Burrundulla Rd N-O17Byron Pl H10Caerleon Ct N7Cameron St H5Carolina Cr M11Cassilis Rd A18-H11Cassin Ln J8Catleen Cr M11Cedar Ave J14Chestnut Cl B12Church St H10-P9Clare Ct N6-7Clarendon Pl K15Clifton Ave M10Cockatoo Ln L10Cohen St G5Common Rd J1Condon Pl H5Constania Rd O7Cook Pl K5Court St F8-K7

Cox St K6-F7Darren Dr N11-12Denison St I5-J15Denton Cl I2Depot Rd N14-P13Dewhurst Dr M6-O8Dickson Ct J5Doug Gudgeon Dr Q10Douro St G-L8Dunphy Cr O8Durack Ct I3Eleanor Dark Ct I2Engineers Rd N15-16Fairydale Ln G1-4Farthing Ln I10First St G-H6Fleetwood Ave I12Flinders Ave M6Flirtation Ave K7Florence Cl H2Gawthorne Pl J6George St I-K13Gilham Ln M11Gladstone St G4-J13

Glenayr Cl M7Glenmore St J15Grant St L11Grant Bruce Ct H2Grathlyn Ct N9Happel Cl P10Hardwick Ave L5Hardy Cr I3Havilah Tce N8Headly Pl H5Hennessy Pl J6Henry Bayly Dr K-O6Henry Lawson Dr A-C13Hermitage Cl O10Honey Ln L-M12Horatio St J7-K13Imber Cres O13Industrial Ave N14-017Inglis St K7-12Inverness Ave O12John Aarts Ct G2Julia Ct J15Kellett Dr P-Q13Kilkenny Ave J3

King St J6Kurtz Ct M7Lahy Ct I6Lang St H5Lawson St H-M12Lecon led Dr A-B12Lewis St H-M11Lions Dr O12-16Lisbon Rd N9Lochiel Ln J13Lockwood St O7Lovejoy St H9Lowana Cl N9Lue Rd G11-H18Lyons Ln K8-13Lynwood Ave O8McFarlane St J12Macquarie Dr P-Q9Madeira Rd L6-12Maher Pl P11Market St F5-I12Marsh eld Ln J5McGregor Pl O11Mealey St J11-12

Mears St L9-10Melton Rd P-R10Menah Ave N6Menchin St H4-5Miller Cr K6Meroo Cr N10Moggs Ln C14-D15Mortimer St C3-I14Mount Misery Rd O-Q2Mountain View Rd N-O10Mulgoa Way I14-K15Murray Ln L11Nash’s Flat Pl J5Nicholson St K6-9Norman Rd M6-8Oak eld Cl N6Old Reservoir Rd R6Oporto Rd L-P8Palermo Rd 04-P9Palmer Ave I2Park Ave H7Paterson St I5Perry St G10-K9Phillip Cl P9

Pitts Ln E9-F11Putta Bucca Rd E4-B13Rayner St I5Redbank Rd N9-12Rheinberger Ave K6Richards St K4-6Ri e Range Rd L3-5River Ln I14Robert Hoddle Gr D16-17Robert Jones Rd P7Robertson St K12-V10Roth Ct G5Sawpit Rd R8-T16Scenic Cl O10Second St G6-H5Short St G7-H13Smith St J7Spring Flat Rd P-V16Spring Rd O8-P11Stirling Ct N6Stockmans Dr C10-11Swords Ct O14Sydney Rd K13-P18Tebutt Ct O9

Tennant Cl I2Third St H5Thomas Clarke Pl G6Tinja Ln A-B10Trefusis Ave N10-11Ulan Rd A18-H11Vera Ct P11-12Wanda Cr P12Wandoona Ct M8Waterworks Rd S7Wentworth Ave M-N10White Circle G1-J3Wilbetree Rd A-C4Willem Pl G2Wilkins Cr O15Winbourne St J-K14Winter St I4-J6Wiradjuri Cl A10Woodside Cl P12Xavier Ct G1Yamble Cl M7Yarra Ct D14

2016 MUDGEE REGION TOURISM INC.

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1. Caerleon Estate ; Flagship house and land development ; Land reserved for Childcare Centre & Aged Care ; Possible Catholic school relocation

2. Mudgee Hospital re-development over $70 million3. Solar energy businesses (residential & industrial)4. Rural Education Centre Courses & Events5. Food & Wine Festival key location6. NSW Regional Family Sports Stadium

Township Economy & Features

3

1. CaerleonEstate

MudgeeTownship

Featured PackageNewport Plus Lot 110 Knox CresCaerleon, NSW 2850

Key Features:

Living 148.7 m2

Al Fresco 31.6 m2

Garage 30.2 m2

Porch 2.9 m2

TOTAL 213.4 m2

Modular layout: 4 beds / 2 Bath / 2 Garage

OR 3 beds / 1 Bath / 1 Garage

PLUSStudio (1 Bed / 1 Bath / 1 Garage)

WITH ; Superior brick construction ; Contemporary concrete

finishes on patios and driveways

; Gourmet kitchen featuring modern appliances – cooktop, rangehood, dishwasher, fan-forced oven with superior laminate finishes

; Downlight light fittings for kitchen, bedrooms, living and al-fresco areas

; Split system airconditioner ; Motorised garage lift doors

with remotes ; 2.7 meter ceilings

$530,000COMPLETE TURNKEy PACKAGE

Duel Key

OR

Single Key4 22

Newport Plus


About Caerleon Land Estate Caerleon Mudgee is 305 hectares of residential zoned land in Mudgee, sitting between Fairytale Lane and Hill End Road. The Estate provides for the development of over 2,800 homes just moments from the city centre.

Despite a likely shortfall in supply relative to demand of more than 3,800 lots by 2021, Caerleon will be the only significant zoned land supply in Mudgee for at least the next few years.

As noted previously, this supply deficit has seen Mudgee identified as one of the top property market performers in coming years.

Caerleon’s Concept Masterplan provides for a mix of residential lot sizes, primarily in the 450m2 - 1,500m2 with some additional small acreage allotments. The Masterplan also allows for the development of a retail / commercial hub and Town Centre.

The Town Centre will include a large open park, bike track, playground and picnic areas. Through sensitive and clever design, all houses in Caerleon will be within 400 metres of public open space and facilities for both children and families.

The developer has set down a series of covenants designed to both protect and enhance the value of properties in the Estate including minimum house sizes, minimum roof pitch, architectural façade requirements, patterned concrete driveway and established landscaping standards.

DUAL LIVING HOUSE & LAND

5 Enfield Avenue ~ $525,000


Investment Snapshot

Property Strategy Dual rental incomes, positive cashflow

Property Type Brand new, custom built house and land packages, 4 bedrooms, double garage

Land Size 830m2 - 1082m2

Investment Price Points $499,000 - $525,000

Market Rent $650 - $750 per week (dual properties)

Vacancy Rate 2.50%

Rental Yield Circa 6.804% per annum

Capital Growth 89.703% (2003-2016 period)

Population Growth 3.1% (current) 6.93% (projected to 2021)

Estimated Positive Cash Flow $740 per month / $171 per week (Typical scenario)


Investment Snapshot






Vacancy Rate 2.50%






Investment Snapshot






Vacancy Rate 2.50%






Investment Snapshot






Vacancy Rate 2.50%





$520,000 - $530,000

$500 - $540

$150 - $210 per weekTypical Depreciation


Stage 1 and Stage 2 are rapidly selling out, resulting in the bringing forward of Stage 3 for a planned delivery in early 2018.

The first childcare centre is due to be operational by early 2019.

The Neighbourhood Town Centre is planned to be operating by early 2020.

Disclaimer: Photography, house designs, artist impressions, specifications and inclusions may depict finishes and features which are not supplied by The Builder. They are not to be relied upon as they are for information purposes only and may be subject to change at the discretion of the Builder. Should you require any specific information regarding your circumstance, please contact your sales representative.

5 Enfield Avenue ~ $525,000

BRAND NEW!! POSITIVE CASH-FLOW!!

Dual-Key, Dual-Income Property That Can Put Money In Your Bank Account Every Month. Prime Position Within a Low Rental Stock Location

· Guaranteed Fixed Price - No Site Costs or Extras · Full Turn-Key Package - Nothing More to Spend · No Body Corporate - Freehold Title · Includes all Floor Coverings, Landscaping, Driveway,

Flyscreens, Fencing, Letterbox, Clothesline & More! · 2700mm High Ceilings · 2 Kitchens, 2 Laundries, 2 Income Streams! · High Quality Design and Finish


Overview

Mudgee is a diverse regional hub located in Central West NSW, some 3 hours north-west of Sydney. The main economic drivers for Mudgee are mining, green energy, agriculture, viticulture and tourism.

Rental yields in Mudgee are approximately 2.3x the Sydney average. Capital growth in house values has increased 89.7% (2003-2016)

In 2011-12 Mudgee recorded the fastest population growth of any inland town within New South Wales. Mudgee enjoys a growth rate almost 3 times greater than Dubbo, Bathurst or Orange.

Mudgee’s population growth is rapidly leading to a land and housing shortage. Currently, zoned residential land supply meets less than 25% of projected demand to 2021, leading to a supply deficit of 3,896 blocks of land and increased competition for available properties.

There is a significant amount of infrastructure investment driving the wealth and population base of Mudgee. Each of the major coal mines within the region are earmarked for substantial capex investment to meet rising energy demands.

Coal reserves within the area comprise 21.4% of NSW total reserves and broadly equate to around 90 years supply based on current sales and export volumes.

Additionally, a $1.3 billion wind farm project has been approved, and the largest undeveloped silver mine in Australia is now at the advanced exploratory stage. Local tourism continues strong year-on-year growth.

Extra wealth is already flowing into Mudgee and should continue to do so. Median household incomes in Mudgee rose more than 40% between 2006-2011 and continued to grow at above average levels between 2011-2016.


services and infrastructure for the area.

The due diligence covered both existing infrastructure and what is required in the short-to-medium term.

Some of the key points the analysis revealed about Mudgee included

• Housing supply is low - both in terms of sales and rental - relative to supply

• The rental market was particularly tight for 1 bedroom dwellings

• A serious shortage of short-term accommodation was predicted

• Overall, based on population growth predictions, by 2021, a total of 5,096 new blocks of land would be needed to meet housing demand

• With only 1,275 blocks zoned and approved for development, which is less than 25% of the total expected demand, a deficit of 3,896 blocks is predicted by 20212.

It is important to note that this supply deficit is based on population projections that have already been proven to be too conservative.

Population projections prepared by Parsons Brinckerhoff as part of the Council’s Comprehensive Land Use Strategy anticipated that in 2021 the region’s population would be 24,130 people.

Fully five years ahead of projections, the 2016 population had already exceeded this number, reaching 24,313 people.

At present, Mudgee is experiencing some of the fastest population growth seen in regional New South Wales.

Mudgee’s population growth rate is almost 3 times faster than the growth rate for Dubbo, Bathurst or Orange. In 2011-2012 Mudgee recorded the fastest population growth of any inland town within New South Wales


services and infrastructure for the area.

The due diligence covered both existing infrastructure and what is required in the short-to-medium term.

Some of the key points the analysis revealed about Mudgee included

• Housing supply is low - both in terms of sales and rental - relative to supply

• The rental market was particularly tight for 1 bedroom dwellings

• A serious shortage of short-term accommodation was predicted

• Overall, based on population growth predictions, by 2021, a total of 5,096 new blocks of land would be needed to meet housing demand

• With only 1,275 blocks zoned and approved for development, which is less than 25% of the total expected demand, a deficit of 3,896 blocks is predicted by 20212.

It is important to note that this supply deficit is based on population projections that have already been proven to be too conservative.

Population projections prepared by Parsons Brinckerhoff as part of the Council’s Comprehensive Land Use Strategy anticipated that in 2021 the region’s population would be 24,130 people.

Fully five years ahead of projections, the 2016 population had already exceeded this number, reaching 24,313 people.

At present, Mudgee is experiencing some of the fastest population growth seen in regional New South Wales.

Mudgee’s population growth rate is almost 3 times faster than the growth rate for Dubbo, Bathurst or Orange. In 2011-2012 Mudgee recorded the fastest population growth of any inland town within New South Wales

Services and Infrastructure for the Area


As the Mudgee economy continues to grow in conditions of near full-employment, more and more workers (particularly skilled trade occupations) will be recruited to Mudgee.

Remote workers in particular will continue to seek 1 bedroom accommodation within the region.

The Granton Homes packages combine the two property types of greatest market demand into one comprehensive property package that

• Has dual rental income streams, reducing the risk to investor cashflow;

• Boosts investment yields, so that for many investors a substantial cashflow surplus can be achieved; and

• Enjoys the full suite of tax benefits available in brand new homes.

Investment Package Benefits • Guaranteed Fixed Price

(Irrespective of site conditions)

• Extremely Attractive Price Points • Big blocks of land - 840m2++

• Generous dwelling size - 200m2++ total footprint • Turnkey Package - Nothing More to Do

(Includes driveway, landscaping, flyscreens, letterbox and window furnishings)

• 2 kitchens and 2 laundries • Double car accommodation

• Located in prime positions within the Masterplanned Caerleon Estate in Mudgee


About Caerleon Land Estate Caerleon Mudgee is 305 hectares of residential zoned land in Mudgee, sitting between Fairytale Lane and Hill End Road. The Estate provides for the development of over 2,800 homes just moments from the city centre.

Despite a likely shortfall in supply relative to demand of more than 3,800 lots by 2021, Caerleon will be the only significant zoned land supply in Mudgee for at least the next few years.

As noted previously, this supply deficit has seen Mudgee identified as one of the top property market performers in coming years.

Caerleon’s Concept Masterplan provides for a mix of residential lot sizes, primarily in the 450m2 - 1,500m2 with some additional small acreage allotments. The Masterplan also allows for the development of a retail / commercial hub and Town Centre.

The Town Centre will include a large open park, bike track, playground and picnic areas. Through sensitive and clever design, all houses in Caerleon will be within 400 metres of public open space and facilities for both children and families.

The developer has set down a series of covenants designed to both protect and enhance the value of properties in the Estate including minimum house sizes, minimum roof pitch, architectural façade requirements, patterned concrete driveway and established landscaping standards.

property investment information€¦ · 8 property investment information investment snapshot 2...

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