Is WAGGA WAGGA a good suburb for positive geared property investment in Australia?

WAGGA WAGGA in NSW currently features property rental yields up to 3.7% with a 12-month capital growth value of Up 10.9%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in WAGGA WAGGA 2650?

The median house price in WAGGA WAGGA 2650 is approximately $790,000 based on the latest tracked market indices.

Investment Spotlight • Australia

WAGGA WAGGA 2650

State: NSW

Updated: 6 August 2026

PosiProp AI Investment Summary

WAGGA WAGGA (NSW 2650) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.7% and has experienced a 12-month capital growth of Up 10.9%, with a median house buy price of $790,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$648,500

Up 15.2% 3.8% Yield

3 house • buy

$720,000

Up 6.3% 4.1% Yield

4 house • buy

$985,000

Down -3.7% 3.6% Yield

all house • buy

$790,000

Up 10.9% 3.7% Yield

Suburb Market Profile

Last month Wagga Wagga had 74 properties available for rent and 51 properties for sale. Median property prices over the last year range from $790,000 for houses to $499,000 for units. If you are looking for an investment property, consider houses in Wagga Wagga rent out for $580 PW with an annual rental yield of 3.7% and units rent for $430 PW with a rental yield of 4.8%. Wagga Wagga has seen an annual compound growth rate of 10.9% for houses and 9.7% for units.

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