Gundagai, NSW

OVERVALUED

2,130 sales · 36 years of data · NSW, Australia

$465,000
Median (All)
$487,500
Median (Houses)
$275,000
Median (Apartments)
6.8%
10yr CAGR
5.4%
36yr CAGR
1.9%
Strata %
36 years of data · 2,130 sales analysed · 2,500+ suburbs · Updated weekly

Gundagai, NSW Property Market Overview

Gundagai, NSW, is a town steeped in Australian history and nestled in the Riverina region. Our analysis of Gundagai’s property market spans 36 years, covering 2,130 recorded sales. The current median property price (all types) in Gundagai sits at $465,000, making it an accessible option for some buyers.

Gundagai is perhaps best known for its iconic Dog on the Tuckerbox statue, but its property market also presents an interesting profile. The median house price is currently $487,500, while apartments are more affordable with a median of $275,000. These figures highlight the diverse range of housing options available within Gundagai.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $965,345
Based on the 10-year compound annual growth rate of 6.8%
Predominantly houses2% apartments
98% of sales are houses and other non-strata properties
Loading chart...

Property Mix

98%
Houses 98%$487,500Apartments 2%$275,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Gundagai

Street Rankings

Top streets in Gundagai, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Hanley StApartment5$275,000
2Hanley StHouse6$400,000
3Punch StHouse9$420,000
4Sheridan StHouse9$620,000

... and 149 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Hanley StApartment5$962/m²
2Hanley StHouse6$436/m²
3Francis AveHouse3$351/m²
4Tor StHouse3$496/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1West StHouse+6.3%
2Punch StHouse+7.8%
3Lawson DrHouse-8.2%
4William StHouse+10.6%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

11
apartment buildings analysed
#AddressSalesMedian$/m²
1127 Hanley St5$275,000$962/m²

... and 7 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

45
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

2%
apartments across 11 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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153 streets and 11 buildings to explore

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3 street rankings
All 153 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
11 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,130 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Gundagai at a Glance

Region
Riverina, NSW
CBD Distance
Approximately 380km southwest of Sydney CBD
Train Station
Gundagai Railway Station (NSW TrainLink)
Council
Cootamundra-Gundagai Regional Council
Property Character
Established residential with low-density development
Community
Families, retirees, and rural workers

Gundagai, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Gundagai, NSW

Living in Gundagai offers a relaxed country lifestyle with a strong sense of community. The town is known for its historical significance and picturesque surroundings. Gundagai Public School provides primary education, while nearby Cootamundra offers additional schooling options.

Gundagai offers basic amenities, including a local IGA supermarket and various smaller shops along Sheridan Street. Parks like Carberry Park provide recreational space, and the Murrumbidgee River offers opportunities for fishing and water activities. Gundagai is a friendly town with a welcoming atmosphere, ideal for those seeking a quieter pace of life.

The iconic Dog on the Tuckerbox is a significant landmark, attracting tourists and contributing to the town's unique identity.


Who Buys in Gundagai?

The buyer profile in Gundagai is likely diverse, encompassing families, retirees, and potentially some investors. The relatively affordable median house price of $487,500 may attract families seeking a more spacious and affordable lifestyle than what's available in larger cities. The low strata percentage (1.9%) suggests a preference for houses over apartments.

The 10-year CAGR of 6.8% may attract investors seeking long-term growth, while the quieter lifestyle could appeal to downsizers looking for a peaceful retirement.

Market Analysis

Currently, the Gundagai property market, as of early 2026, sits above its long-term trend, indicating overvalued territory. This means that current property prices in Gundagai are elevated compared to their historical average.

Understanding the cycle position is crucial for anyone considering buying or selling in Gundagai. While an overvalued market doesn't dictate future trends, it provides a snapshot of the current market relative to its historical performance. Prospective buyers might exercise caution, while sellers might see it as an opportune time.


Is Gundagai a Good Investment?

Gundagai's property market presents an interesting case study. The historical growth rates, with a 10-year CAGR of 6.8% and a full-period CAGR of 5.4%, indicate a track record of steady appreciation. These figures suggest a stable market with potential for long-term gains.

Currently, as of early 2026, Gundagai's property market is above its long-term trend, indicating overvalued territory. Understanding this cycle position is crucial for anyone considering entering the market. The balance between historical growth and current market conditions plays a significant role in shaping the overall investment landscape in Gundagai.


Gundagai Market Outlook

As of early 2026, Gundagai's property market is positioned above its long-term trend, indicating that the market is currently overvalued. This indicates that current prices are elevated compared to historical averages. It's important to monitor future price trends in Gundagai to assess the long-term sustainability of this market position.

Streets & Location in Gundagai, NSW

Gundagai, postcode 2722, is a charming town with 153 streets contributing to its unique character. Among the notable streets, based on median property prices, are Hanley Street and Punch Street. Hanley Street appears twice in the top streets list, likely reflecting different sections or property types along the street.

Gundagai's location in the Riverina region contributes to its appeal, offering a blend of rural charm and accessibility.

Market Dynamics

The property market in Gundagai demonstrates relatively efficient transaction times. The average settlement period is 45 days, indicating a streamlined process for buyers and sellers. The quick-flip percentage is currently unavailable.

Further analysis of transaction patterns and investor activity will provide a more granular understanding of the market dynamics in Gundagai.

Development & Density

Gundagai features a relatively low development density, with only 11 apartment buildings within the suburb. This contributes to the predominantly residential character of the area.

The housing composition in Gundagai largely consists of detached houses, reflecting the town's historical development patterns and appealing to those seeking larger properties and outdoor space.

Growth & Property Mix

Gundagai's property market has demonstrated steady growth over the long term. The 10-year Compound Annual Growth Rate (CAGR) stands at 6.8%, reflecting solid gains over the past decade. Looking further back, the 20-year CAGR is 4.6%, and the full-period CAGR since data collection began is 5.4%.

The property mix in Gundagai is predominantly houses, with only a small percentage (1.9%) being strata apartments. This composition influences the overall investment landscape and opportunities within the suburb.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Gundagai, NSW

What is the median property price in Gundagai?
The current median property price (all types) in Gundagai is $465,000. For houses, the median price is $487,500, while apartments have a median price of $275,000.
Is Gundagai overvalued or undervalued?
As of early 2026, the Gundagai property market is above its long-term trend, indicating that it is currently in overvalued territory. This means that prices are elevated compared to their historical average.
How has the Gundagai property market performed over 10 years?
The Gundagai property market has shown solid growth over the past decade. The 10-year Compound Annual Growth Rate (CAGR) is 6.8%, reflecting consistent gains in property values.
What percentage of Gundagai is apartments vs houses?
Apartments make up a small portion of the property market in Gundagai. Only 1.9% of properties are strata apartments, indicating that houses are the dominant property type.
Where is Gundagai in the property cycle?
Currently, Gundagai's property market is positioned above its long-term trend. This indicates that, as of early 2026, the market is in overvalued territory.
What schools are near Gundagai?
Gundagai Public School is located within the town, providing primary education. For secondary schooling, residents often attend schools in nearby Cootamundra or Wagga Wagga.
What is Gundagai like to live in?
Gundagai offers a relaxed and friendly country lifestyle. The town is known for its historical charm, picturesque surroundings, and strong sense of community.
Is Gundagai good for families?
Gundagai can be a good option for families seeking a more affordable and spacious lifestyle. The median house price is relatively accessible, and there are local schools and parks available.
How far is Gundagai from Sydney CBD?
Gundagai is approximately 380 kilometres southwest of the Sydney CBD. The journey typically takes around 4-5 hours by car.
What transport options are in Gundagai?
Gundagai has a railway station served by NSW TrainLink services. The town is also accessible by major roads, including the Hume Highway, and local bus services operate within the area.
How does Gundagai compare to nearby suburbs?
Compared to larger regional centres like Wagga Wagga, Gundagai generally has lower median property prices. Gundagai offers a more rural and relaxed lifestyle compared to its neighbours.
Is Gundagai a good first home buyer suburb?
Gundagai's relatively lower median house price compared to larger cities might make it an attractive option for some first home buyers. However, factors like employment opportunities and access to amenities should also be considered.
What are the best streets in Gundagai?
Based on median property prices, some of the top streets in Gundagai include Hanley Street and Punch Street. Hanley Street appears multiple times, indicating it may have diverse property types or sections.
How many properties have been sold in Gundagai?
Over the past 36 years, there have been 2,130 recorded property sales in Gundagai.
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