The Daily Mail Online has revealed the top 10 suburbs for property price growth in Australia and Wagga Wagga is the only New South Wales city to make the list. Hotspotting’s Top 10 Best Buys report is dominated by Queensland centres such as Logan, Ipswich and the Gold Coast and by fringe suburbs of Melbourne, with Hobart and Wagga Wagga rounding out the top ten.
The article states “The affordable price of housing in Wagga Wagga, which is New South Wales’ largest inland city, has attracted a number of first-home buyers, subsequently boosting the regional city’s capital growth prospects, according to the report.”
The article believes Wagga will become even more appealing with schools and health infrastructure undergoing a upgrade, while the local military bases also expand.
What this signifies is that there is continuing confidence to build, buy and invest in Wagga. Our stable market gives confidence to families and investors alike, which is good reason to have faith in the strength of Wagga as a vibrant regional centre that continues to prosper in trying times. With the median house price of $320,000, it makes it even more appealing.
When you think of what drives Wagga, many people immediately point to the university and the defence bases, but Wagga has a broad-base economy – it has a strong business centre and is central to health services for the wider region, which brings stability and diversity to the market.
According to Propertyology Managing Director Simon Pressley, he also believes New South Wales’ largest inland city, is “worth considering” as a “viable option to add to a property portfolio”.
Fitzpatricks
Established in 1950 by the late Geoff Fitzpatrick. We strive for excellence in our field, we aim to provide the best real estate service to the people of Wagga Wagga, embracing the highest standards of expertise, professionalism and integrity.
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