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Wagga Wagga suburb profile

Wagga Wagga, often simply called "Wagga," is a vibrant regional city in New South Wales, located on the banks of the Murrumbidgee River. As the largest inland city in the state, it serves as a major agricultural, military, and educational hub. Wagga Wagga boasts a rich cultural scene with galleries, theatres, and annual festivals, attracting residents and visitors alike. The city offers a blend of historic architecture and modern amenities, with a strong sense of community and a relaxed lifestyle. Its strategic location between Sydney and Melbourne makes it an appealing destination for those seeking a balance of urban and rural living.

Wagga Wagga property market performance

Current median dwelling price$610,000Past 3 months

Property growth+6.3%Past 12 months

Wagga Wagga's property market has seen notable growth in the past 12 months, with house values increasing by 13.4%, pushing the median house price to $800,000. Unit values have also risen slightly by 2.2% despite a median unit price of $0 being reported, indicating distortion in data for units. Houses have seen higher sales with 29 transactions compared to 7 for units over the last year.

Market activity shows houses taking longer to sell, with a median of 63 days on the market, while units are quicker at 32 days, highlighting differing demand dynamics in each market segment.

The rental market has seen moderate growth, with house rents increasing by 3.8% and units by 5.0%, indicating a steady demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$790K$430K
Change in value
Past 12 months
11.5%1.1%
Sold
Past 3 months
2811
Median days on market
Past 12 months
5834
Average rent
Past 12 months
$550$422
Change in rent
Past 12 months
3.8%5.5%

5 year median price trend for houses and units

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Wagga Wagga demographics

Wagga Wagga, located in the Riverina region of New South Wales, is a vibrant regional city known for its rich agricultural heritage and strong community spirit. With a population of 7,198, it offers a blend of urban convenience and rural charm, making it an attractive place for families, professionals, and retirees alike. The median age of 38 suggests a balanced demographic, with a mix of young families and older residents enjoying the city's amenities and lifestyle.

Housing in Wagga Wagga is diverse, with a significant portion of properties being rented, accounting for 53% of the housing market. This high rental rate indicates a demand for flexible living arrangements, appealing to students, transient workers, and those seeking temporary accommodation. Meanwhile, 28.7% of properties are owned outright, reflecting a stable community of long-term residents who have settled in the area.

Family dynamics in Wagga Wagga are varied, with couple families without children making up 48.8% of the family households, followed by couple families with children at 31.6%. One-parent families account for 16.8%, highlighting the suburb's inclusive nature and support for diverse family structures. The city's economy is supported by a mix of agriculture, education, and healthcare sectors, providing ample employment opportunities for its residents. Wagga Wagga's combination of community-focused living, economic opportunities, and regional charm makes it a desirable location for those seeking a balanced lifestyle.

Suburbs near Wagga Wagga

Some popular suburbs near Wagga Wagga include:

  • Turvey Park: Known for its charming heritage homes and tree-lined streets, Turvey Park is located directly south of Wagga Wagga.
  • North Wagga Wagga: Offering a rural feel with close proximity to the city center, North Wagga Wagga is situated to the north of Wagga Wagga.
  • Mount Austin: Featuring a mix of residential and recreational spaces, Mount Austin lies to the southwest of Wagga Wagga.
  • Kooringal: Known for its family-friendly environment and local amenities, Kooringal is located to the southeast of Wagga Wagga.
  • Tolland: Offering a blend of residential areas and green spaces, Tolland is situated to the south of Wagga Wagga.

How does Wagga Wagga compare to nearby suburbs?

  • Median house prices: Wagga Wagga’s median house price is 3.3% higher than Turvey Park’s.
  • House price growth: Over the past 12 months, house prices in Wagga Wagga have grown 3.0% higher than in Turvey Park.
  • Unit price growth: Property prices in nearby Kooringal have risen 34.9% more than in Wagga Wagga over the past year.
  • Selling speed for houses: Properties in nearby Turvey Park are selling 32.8% faster than in Wagga Wagga.
  • Selling speed for units: Properties in nearby Kooringal are selling 8.8% faster than in Wagga Wagga.

Choose the right real estate agents in Wagga Wagga

There are 60 real estate agents in Wagga Wagga, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 28.0% of all sales in the past year.

Commission rates in Wagga Wagga typically range from 2.17% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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