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Investment Property Wagga Wagga, NSW, 2650

Suburb Snapshot

Wagga Wagga is a suburb in the Wagga Wagga Region of New South Wales. Wagga Wagga has a population of 7,101 people and 41.32% of its occupants live in rental accommodation. The median listing price for houses is $719,500 and this has changed 5.96% over the past year and changed 12.42% over 2 years.

The median rent in Wagga Wagga for houses is $490 per week and the median rental yield is 3.54%. Stock on the market for houses/townhouses has changed -40.00% compared to last year and the average time to sell a house/townhouse is 108 days.The median listing price for units is $399,000 and this has changed 2.30% over the past year. The average unit takes 95 days to sell and the median rent for a unit in Wagga Wagga is $380 per week, producing a rental yield of 4.95%.

Supply & Demand in Wagga Wagga, Wagga Wagga

1.62%

Current vacancy rate


67

Rental stock available


7,101

Population


41.32%

Rental population


0.96%

Current vacancy rate


286

Rental stock available


62,388

Population


29.58%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Wagga Wagga, Wagga Wagga

  House Townhouses Units
Median listing price $719,500 $712,500 $399,000
Median price change - last quarter 0.93% 0.00% 2.30%
Median price change - 1 year 5.96% 4.01% 2.30%
Median price change - 2 years 12.42% 2.51% 17.35%
  House Townhouses Units
Median weekly rent $490 $450 $380
Median yield % 3.54% 3.28% 4.95%
Median rent change - 1 year 8.88% 0.00% 8.57%
  House Units
Previous month sales 6 8
Stock on market previous month 39 17
Stock variance vs. last year -40.00% 6.25%
Average days on market 108 95

Wagga Wagga investment property listings

Showing 1 of 1 investment properties found in Wagga Wagga on realestateinvestar.com.au

403 Lake Albert Rd, Wagga Wagga

$1,395,000

property pic

Multi Tenanted Commercial Investment! - 7.8% Net Return

Raine & Horne Commercial is pleased to present a Multi Tenanted Commercial Investment opportunity to the Market. 403 Lake Albert Road comprises three retail premises, existing tenants in place include a popular Cafe & two Beauty services businesses. Perfectly positioned between two major suburbs ...

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Commercial

NSW 2650


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