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Wagga Wagga – Monthy Market Update

As of July 30, Wagga Wagga has 29 properties available for rent and 66 properties for sale. Median property prices over the last year range from $452,500 for houses to $268,250 for units.

If you are looking for an investment property, consider houses in Wagga Wagga rent out for $360 PW with an annual rental yield of 4.1% and units rent for $293 PW with a rental yield of 5.7%. Based on five years of sales, Wagga Wagga has seen a compound growth rate of 4.4% for houses and 1.6% for units.

Median property price

The current median property price for houses is $452,500
2 Bedroom $431,500 3 Bedroom $435,000 4 Bedroom $570,000

The median rental price for houses is $360 per week
2 Bedroom $300 3 Bedroom $385 4 Bedroom $470

For units the current price is $268,250 and in rentals is $293 per week.

Supply and demand in Wagga sits around an average of 345 visits per property, whilst the average of NSW is 1,730 visits per property.

The Lifestyles and people of Wagga Wagga is primarily Indepdant youth, with 24% being the highest demographic. Elderly Singles at 14.3% and only 0.9% Young Families.