This article was written by Adam Drummond and originally appeared on regionriverina.com.au Gobbagombalin, situated in the northern suburbs of Wagga, has been experiencing a unique set of challenges in recent months compared with other suburbs around the city. According to Ryan Smith, director and sales agent at PRD Nationwide in Wagga, the market has seen a surge in both buyer and seller activity, with a noticeable influx of newly constructed homes. But despite the aesthetic appeal of these properties, pricing has reached a plateau, making it a challenging environment for transactions. “Similar types of properties flooding the market have led to a lack of responsiveness compared to other suburbs in Wagga. This stagnation in pricing and extended time on the market has posed a challenge for both buyers and sellers,” Ryan says. When asked about the average number of days a property spends on the market in Gobbagombalin compared with the rest of Wagga, Ryan says other Wagga areas hover between 31 to 42 days, roughly four to six weeks. In contrast, Gobbagombalin’s properties have an average of around 52 days on the market. This indicates that pricing is crucial in this market, and properties must be accurately priced, to attract qualified buyers to make an offer.