Wagga Wagga - Riverina Region, NSW
Wagga Wagga, named Australia’s most family-friendly city in 2014, has good prospects for future capital growth.
One of the many qualities that makes it worthy of consideration by property investors is the high number of first-home buyers taking advantage of affordable properties in the area. Wagga Wagga ranks No.13 among NSW locations for first-home-buyer benefits over the past 17 years, with most of the top 10 being locations in the Sydney metropolitan area.
This strategic inland city is noteworthy for multiple economic drivers, a low jobless rate and lack of dependence on mining. There’s an expanding military presence (army and air force bases); education, health and other community services for a region of 180,000 people; and steady population growth.
Upgrades and expansions either completed or under way include projects at Charles Sturt University and Wagga Wagga Base Hospital. Major spending on the region’s military bases is in planning.
This report covers Ashmont, Bourkelands, Kooringal, Mt Austin, Turvey Park and Wagga Wagga.