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East Wagga Wagga, NSW 2650

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$795,000

market range $575K-$1.3M

Median Unit

$395,000

Gross Yield (houses)

3.6%

1yr Growth (units)

+17.1%

estimate

Investment snapshot for East Wagga Wagga

East Wagga Wagga has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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East Wagga Wagga market and investor summary

East Wagga Wagga (NSW 2650) runs a median house price of $795K, with houses yielding a gross 3.6%. At 0.3% vacancy, it is a tight rental market that favours landlords.

For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 0.3% and a resident base that is not shrinking.

Living in East Wagga Wagga: people, income and schools

East Wagga Wagga has a resident population of roughly 213, a number that has held fairly steady over five years. The median age is 40, skewed a little older, and families account for 59% of households.

Households here earn a median of about $76,000 a year, or roughly $1,450 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 10.5 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 15% over five years, which tends to underpin what local buyers can pay.

There are 21 schools within about 5km, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 1 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
213
+2% over 5yr
Median age
40 years
Median household income
$76,000/yr
Households renting
37%
Family households
59%
Socio-economic rank
5/10
ABS advantage index
Schools within 5km
21
avg ICSEA 985
Unemployment
3.8%
Walk score
1/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in East Wagga Wagga

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Frequently asked questions about East Wagga Wagga

What should I check before investing in East Wagga Wagga?

East Wagga Wagga has enough public data for first-pass screening across yield, vacancy, price and supply signals. Solid unit gross rental yield of 5.0%, giving a stronger rent-to-price starting point than many suburbs. Tight rental market (0.3% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in East Wagga Wagga?

The median property price in East Wagga Wagga, NSW 2650 is $795K for houses and $395K for units.

What rental yield does East Wagga Wagga show?

The gross rental yield in East Wagga Wagga is 3.6% for houses and 5.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in East Wagga Wagga?

The current vacancy rate in East Wagga Wagga is 0.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in East Wagga Wagga?

East Wagga Wagga has a population of approximately 213 residents, with a median age of 40.

What schools are near East Wagga Wagga?

There are 21 schools within roughly 5km of East Wagga Wagga. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is East Wagga Wagga affordable to buy in?

A median house in East Wagga Wagga costs about 10.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is East Wagga Wagga's population growing?

The population of East Wagga Wagga has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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East Wagga Wagga NSW 2650 Market Profile