Vacancy is still tight
The rental story in Wagga has been defined by low vacancy, and the most useful number to watch is the local vacancy rate trend. PRD research reported Wagga Wagga at 0.9% vacancy in September 2025, which is well below a “balanced” rental benchmark often referenced around 3%. Low vacancy usually means quicker leasing, stronger competition among tenants, and ongoing upward pressure on rents.
What is happening to rents
Rent levels vary by property type, location, and finish level. Public listing data from realestate.com.au shows unit rental growth in Wagga Wagga over the 12 months to late 2025, with a reported median rent figure around $420 per week for units in that snapshot period. Other market commentary for the broader Riverina has also pointed to rising median rents for houses and units through 2025.
Why demand remains sticky in Wagga
Rentals stay competitive when population and employment are stable. Local population estimates show Wagga Wagga City at 68,951 as of 30 June 2024, with growth continuing year on year. Add in health, education, and Defence related employment drivers and you get a tenant base that is broad, not tied to one single industry.
What this means for renters in 2026
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Be prepared: have documents ready, apply fast, and be flexible with move in dates
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Focus on value: a well maintained home at market rent is often better than chasing a discount that does not exist
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Negotiate the right way: longer lease terms and strong references can help more than pushing hard on weekly rent
What this means for investors in 2026
In a tight vacancy environment, performance comes down to presentation, pricing, and property management. The best landlords in 2026 will be proactive with maintenance and realistic with rent setting so they keep great tenants longer. The upside is clear: low vacancy supports consistent income and reduces downtime risk.
If you want an accurate rent appraisal for your street and property type, PRD can walk you through the current demand and comparable leasing evidence. A personal approach to property.
Only at PRD. Don’t just put your home on the market, get it the attention it deserves. #justlisted #prdwagga #realestate #luxuryliving #realestate #domain
