Wagga Wagga - Riverina Region, NSW
Affordability, lifestyle and access to job opportunities in education, healthcare and the defence force make Wagga Wagga an appealing target for first-home buyers.
Add solid yields to the mix and investors too can find properties with potential for capital growth and good cash flow.
The Autumn 2019 survey for The Price Predictor Index revealed that Wagga Wagga is one of the leading growth markets in Regional NSW.
This strategic inland city is noteworthy for multiple economic drivers, steady population growth and lack of dependence on mining. In FY2018, 1,200 new jobs were created across the region.
Work has begun on a major logistics hub which will give local agricultural suppliers better access to global markets while the city’s military bases are marked for $1 billion worth of upgrades over the next 20 years. These projects are generating positive impetus in the local economy, with flow-on effects for the property market.
This report covers Ashmont, Bourkelands, Glenfield Park, Kooringal, Mt Austin, Turvey Park and Wagga Wagga.
Wagga Wagga was Hotspot of the Week on 16 July 2019