Wagga Wagga’s rental market in 2025 is dynamic and evolving, offering both tenants and investors a range of opportunities. With growing demand for quality homes and steady rental returns, the city continues to attract attention as a regional hotspot.

Strong Demand Signals a Healthy Market

Vacancy rates in Wagga Wagga are currently sitting at 0.5%, reflecting a vibrant market where good rental properties are quickly snapped up. While this indicates tight availability, it also signals the city’s ongoing appeal for new residents, students, professionals, and families looking for lifestyle, community, and convenience.

For property investors, these figures translate into consistently low vacancy periods and stable rental income. For renters, it’s a reminder to be proactive, prepared, and clear about what you’re looking for—because the right home might not stay on the market for long.

Rent Values Remain Competitive

As of mid-2024, the median rent for houses in Wagga Wagga stands at $470 per week, while units average $350 per week. These rates remain competitive compared to larger regional centres and offer great value given the amenities, location, and lifestyle that Wagga Wagga delivers.

Whether you’re a student at Charles Sturt University, a professional relocating for work, or a family looking for space and community, the local rental market offers a range of options from modern units to spacious family homes.

Exciting Developments on the Horizon

To meet growing demand and provide more housing choices, a number of new projects and initiatives are underway:

• Tolland Estate Renewal: This major revitalisation will deliver nearly 500 new homes, with a strong focus on affordability, sustainability, and community connection. A mix of social, affordable, and private housing ensures a diverse and balanced future for renters of all walks of life.

• Wagga Wagga Housing Strategy: The City Council is developing a forward-thinking strategy to support housing supply, diversity, and affordability, paving the way for a more inclusive and accessible rental market over the next decade.

Tips for Renters in 2025

With strong interest in the local market, here are a few simple steps to give you a competitive edge when applying:

✅ Be prepared: Have your references and documents ready before attending inspections.
✅ Know what you want: Shortlist suburbs, amenities, and property types that suit your needs.
✅ Act quickly: Properties in great locations may lease fast, so follow up promptly.
✅ Stay in touch: Build a relationship with local agents who can alert you to new listings.

A Positive Outlook

Wagga Wagga continues to grow as a welcoming, liveable city—and its rental market is keeping pace. While demand is strong, so too are the efforts to deliver more housing and better infrastructure. For tenants, this means a growing range of modern, well-connected homes in a city that blends country charm with real convenience.

Whether you’re new to the area or making a move across town, now is a great time to explore what Wagga Wagga has to offer.