More people are looking to buy homes in regional NSW. Photo: HiveBoxx.
Wagga house prices continue to surge, but remain significantly lower than that of property prices in major cities. This has led to a growing demand for houses by Sydneysiders who are keen to buy in our town and take advantage of the strong returns on investment.
According to Domain’s June 2025 House Price Report, Wagga’s property prices have surged 56.5 per cent over the past five years. This trend appears to have continued in 2025, with average house prices rising by $31,000 over the past 12 months.
Wagga house prices are rising at a faster rate than in Sydney, which saw a 2.6 per cent increase over the same period. However, the average price of Sydney houses remains almost three times higher than Wagga’s at $1.7 million.
Wagga Professionals Real Estate director Paul Irvine said this might be a reason why we’re seeing a lot of city-dwellers moving to a more rural or regional location for a lifestyle change.
“We get a lot of tree change people,” Mr Irvine said. “I’ve seen a lot more since COVID – to be brutally honest, where they’re looking for that change.
“Wagga, specifically, is an affordable area in regional NSW, and they’ve still got access to Sydney, Melbourne or other major cities by flight.”
Mr Irvine advises young Wagga residents to be well prepared if they’re thinking of buying a house in the competitive local market.
“So when you go to look at the property or want to start your journey, make sure you’re organised,” he said.
“Have your bank pre-approval loan ready. Have someone ready to do your pest and building report.
“Have a relationship with a conveyancer or a solicitor so when you do find a property, you can send that contract off, because in a hot market like Wagga is at the moment, you don’t have time to procrastinate.
“That’s the best advice I can give: have all your ducks lined up and ready to go.”
Mr Irvine said he did not have a crystal ball, but he was seeing positive signs the real estate market in Wagga would continue to grow.
“I think Wagga is still going to be a good balanced market for both buyer and seller,” he said.
“I can see that people will be moving here in the next few years. Wagga is growing, our infrastructure is getting better, and I think just recently, Wagga was in the top five for most searched cities or inland towns in NSW on their major portal.
“So we’re definitely being looked at by external buyers. And I can see we are just going to continue to grow, but be quite balanced as it won’t be out of control.”
