Wagga Wagga, NSW

OVERVALUED

15,806 sales · 36 years of data · NSW, Australia

$695,000
Median (All)
$775,000
Median (Houses)
$459,000
Median (Apartments)
6.9%
10yr CAGR
5.9%
36yr CAGR
14.2%
Strata %
36 years of data · 15,806 sales analysed · 2,500+ suburbs · Updated weekly

Wagga Wagga, NSW Property Market Overview

Wagga Wagga, located in the Riverina region of New South Wales, presents a diverse property market landscape. With 36 years of recorded sales data, AusPropertyInsights.app provides a comprehensive analysis of this regional hub. The total recorded sales in Wagga Wagga amount to 15,806, reflecting consistent market activity over the long term.

The current median property price in Wagga Wagga sits at $695,000, with houses commanding a higher median of $775,000 and apartments a lower median of $459,000. This difference highlights the variety of housing options available in Wagga Wagga. The suburb's historical growth and current market dynamics make it a noteworthy area for property market observers. Wagga Wagga serves as a major service centre for the surrounding agricultural region.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $974,422
Based on the 10-year compound annual growth rate of 6.9%
Predominantly houses14% apartments
86% of sales are houses and other non-strata properties
Loading chart...

Property Mix

86%
Houses 86%$775,000Apartments 14%$459,000

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 Wagga Wagga

Street Rankings

Top streets in Wagga Wagga, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Kincaid StApartment7$1,190,000
2Thorne StHouse5$1,600,000
3Edward StHouse12$1,102,500
4Fox StHouse9$1,300,000

... and 775 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
1Summons WayHouse6$6,526/m²
2Docker StApartment4$4,277/m²
3Travers StHouse7$3,004/m²
4Thorne StHouse5$2,462/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
1The EsplanadeHouse+10.6%
2Gormly AveHouse+10.4%
3Kincaid StApartment+19.1%
4Beckwith StHouse+15.8%

... 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

49
apartment buildings analysed
#AddressSalesMedian$/m²
12 Docker St5$760,000$4,572/m²
21 Flinders St13$2,090,000$5,573/m²

... and 45 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

46
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

14%
apartments across 49 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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779 streets and 49 buildings to explore

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3 street rankings
All 779 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
49 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 15,806 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Wagga Wagga at a Glance

Region
Riverina, NSW
CBD Distance
Approximately 450km west-southwest of Sydney CBD
Train Station
Wagga Wagga Station (NSW TrainLink)
Council
Wagga Wagga City Council
Property Character
Established residential with a mix of detached houses and some apartments
Community
Families, professionals, and retirees

Wagga Wagga, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Wagga Wagga, NSW

Living in Wagga Wagga offers a blend of regional charm and city conveniences. The suburb boasts a range of schools, including Wagga Wagga High School and Mater Dei Catholic College, catering to families with children. For shopping, residents can visit the Wagga Wagga Marketplace and numerous shops along Baylis Street, the main street of Wagga Wagga.

The suburb offers access to the Murrumbidgee River, providing recreational opportunities and scenic views. Parks such as the Wagga Wagga Botanic Gardens offer green spaces for relaxation and outdoor activities. Wagga Wagga has a community-focused vibe, with local events and a strong sense of belonging. The city also has a Charles Sturt University campus, contributing to a youthful and educated population.


Who Buys in Wagga Wagga?

The buyer profile in Wagga Wagga is diverse, encompassing families, first home buyers, and investors. The relatively affordable median house price of $775,000 compared to Sydney, coupled with the established community, attracts families seeking a more relaxed lifestyle. The strata percentage of 14.2% suggests a limited apartment market, catering primarily to downsizers or those seeking lower-maintenance living. The historical CAGR figures indicate that Wagga Wagga has been of interest to investors looking for long-term capital growth, although recent market conditions may influence current investor sentiment.

Market Analysis

Currently, the Wagga Wagga property market, as of early 2026, is assessed to be above its long-term trend. This indicates that the market is presently in overvalued territory.

This cycle position suggests that property prices in Wagga Wagga may be elevated compared to their historical averages. Understanding this cycle position is crucial for anyone analysing the Wagga Wagga property market, as it provides context for current valuations. It's important to remember that market conditions are constantly changing, and this analysis reflects a snapshot in time.


Is Wagga Wagga a Good Investment?

Wagga Wagga's property market has demonstrated consistent long-term growth, as evidenced by its historical CAGR figures. The 10-year CAGR of 6.9% and the full-period CAGR of 5.9% indicate sustained appreciation in property values. These growth rates, combined with the region's economic stability, have historically contributed to Wagga Wagga's appeal.

However, as of early 2026, the Wagga Wagga property market is above its long-term trend. This cycle position suggests that property prices may be elevated compared to their historical averages. Analysing these factors is crucial for understanding the potential risks and opportunities associated with the Wagga Wagga property market.


Wagga Wagga Market Outlook

As of early 2026, the Wagga Wagga property market is considered to be above its long-term trend. Recent price trends have reflected this position, with median prices showing signs of stabilisation after a period of strong growth. The cycle position indicates that the market may be in a period of adjustment, as it moves away from the peak of the cycle.

Streets & Location in Wagga Wagga, NSW

Wagga Wagga, identified by postcode 2650, features 779 streets, each contributing to the suburb's unique character. Among the streets with higher median prices are GORMLY AVE, BAYLIS ST, and FOX ST. These streets are sought-after locations within Wagga Wagga. The diverse streetscape reflects the varied housing options and living environments available throughout Wagga Wagga.

Market Dynamics

The property market in Wagga Wagga exhibits typical transaction patterns. The average settlement timeframe is 46 days, reflecting standard processing times for property sales. Data regarding quick-flip percentages is currently unavailable, preventing analysis of short-term trading activity in Wagga Wagga. The settlement timeframe provides insights into the efficiency of property transactions in the area.

Development & Density

Wagga Wagga features a mix of housing types, with a relatively low density of apartment buildings. There are 49 apartment buildings within the suburb, indicating that houses are the predominant form of dwelling. The strata percentage of 14.2% further reinforces this observation, showing that a smaller portion of properties are strata-titled apartments. This contributes to the overall character of Wagga Wagga as a primarily residential area with detached housing.

Growth & Property Mix

Wagga Wagga has demonstrated consistent growth in property values over the long term. The 10-year Compound Annual Growth Rate (CAGR) stands at 6.9%, while the 20-year CAGR is 5.2%. Over the full 36-year period for which data is available, the CAGR is 5.9%. The property mix in Wagga Wagga is predominantly houses, with apartments representing a smaller portion of the market, indicated by a strata percentage of 14.2%.

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 Wagga Wagga, NSW

What is the median property price in Wagga Wagga?
The current median property price in Wagga Wagga is $695,000 as of early 2026. This encompasses both houses and apartments, with houses having a higher median of $775,000 and apartments a lower median of $459,000.
Is Wagga Wagga overvalued or undervalued?
As of early 2026, the Wagga Wagga property market is considered to be above its long-term trend. This suggests that the market is currently in overvalued territory, indicating that prices may be elevated compared to historical averages.
How has the Wagga Wagga property market performed over 10 years?
The Wagga Wagga property market has demonstrated strong growth over the past 10 years, with a Compound Annual Growth Rate (CAGR) of 6.9%. This indicates that property values have increased significantly on average each year over this period.
What percentage of Wagga Wagga is apartments vs houses?
Apartments represent a smaller portion of the property market in Wagga Wagga, with a strata percentage of 14.2%. This means that the majority of properties in Wagga Wagga are houses rather than apartments.
Where is Wagga Wagga in the property cycle?
As of early 2026, Wagga Wagga is assessed to be above its long-term trend in the property cycle. This indicates that the market is presently in overvalued territory, based on our analysis.
What schools are near Wagga Wagga?
Wagga Wagga offers a range of schooling options, including Wagga Wagga High School, Mount Austin High School, and Mater Dei Catholic College. These schools cater to students from primary to secondary levels.
What is Wagga Wagga like to live in?
Wagga Wagga offers a relaxed regional lifestyle with access to essential amenities and services. The city boasts parks, recreational areas along the Murrumbidgee River, and a community-focused atmosphere, making it an attractive place to live.
Is Wagga Wagga good for families?
Wagga Wagga can be an appealing option for families due to its range of schools, parks, and relatively affordable housing compared to larger cities. The community-oriented environment and access to recreational activities also contribute to its family-friendly appeal.
How far is Wagga Wagga from Sydney CBD?
Wagga Wagga is located approximately 450 kilometres west-southwest of the Sydney CBD. Travel to Sydney can be done by car, train (NSW TrainLink), or plane.
What transport options are in Wagga Wagga?
Wagga Wagga has a train station serviced by NSW TrainLink, providing connections to Sydney and Melbourne. The city also has a local bus network and is accessible via major roads such as the Hume Highway and Sturt Highway.
How does Wagga Wagga compare to nearby suburbs?
Wagga Wagga generally offers more affordable property prices compared to larger regional centres and metropolitan areas. Growth rates may vary depending on specific market conditions, but Wagga Wagga has historically shown consistent appreciation.
Is Wagga Wagga a good first home buyer suburb?
Wagga Wagga's relatively lower median house price compared to major cities may make it an attractive option for first home buyers. The availability of established houses and a more relaxed lifestyle could be appealing factors for those entering the property market.
What are the best streets in Wagga Wagga?
While 'best' is subjective, streets with higher median prices in Wagga Wagga include GORMLY AVE, BAYLIS ST, and FOX ST. These streets are generally sought-after locations within the suburb.
How many properties have been sold in Wagga Wagga?
Over the past 36 years, there have been a total of 15,806 recorded property sales in Wagga Wagga. This reflects consistent market activity within the suburb.
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