Mudgee railway station is significant as one of a relatively small group of large and imposing country railway stations erected in NSW during the late Victorian period. The station building has retained much of its original fabric and character and remains a fine example of a first-class country terminal railway station. The scale and grandeur of the station building reflects the importance of Mudgee as a one-time rail terminus, and the importance of the railway station within the town and region it served. Despite the cessation of regular rail services to Mudgee in the late 20th century, the station building remains a significant landmark in Mudgee and is now used as a restaurant, bar and a stop-off point for bus services. Extant items on or near the station platform include one of the best remaining examples of a foot warming furnace with coals bins; station lights; and signal levers, all of which have good potential for interpretation and public access. The railway yard at Mudgee has retained much of its original 1883 arrangement. It includes a range of locomotive servicing structures and other items typical of a 19th or early 20th century railway yard, most of which help to reinforce the 19th century character of the railway precinct. Extant items within the yard include a goods shed, dock, crane, weighbridge, per way shed, turntable, and loading bank. The goods shed has a high level of intactness and remains a good example of a standard 19th century goods shed. There is also a circular brick structure, likely remnants of a water tower, and a rare Type 5 Water Column.
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