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Have You Thought About Investing In NSW?

If you're looking to diversify into NSW, Wagga Wagga could be a great option to consider...

Suburb Details:

Suburb

State

Postcode

Mount Austin

New South Wales

2650

Mount Austin, located just minutes from Wagga Wagga’s city centre, offers an affordable entry point into the property market. As part of a growing regional hub, the suburb benefits from Wagga Wagga’s employment sectors, including healthcare, education, and defence. While it presents opportunities for investors seeking solid rental demand, it’s important to consider factors such as the suburb’s socioeconomic profile and high proportion of renters. Understanding these dynamics will help investors make an informed decision about whether Mount Austin aligns with their long-term property goals.

Key Data Metrics ➕ 

Metric

Actual

Trending

Days On Market

40

Flat

Stock On Market

0.35%

Flat

Vacancy Rate

0.96%

Trending Down

Gross Rental Yield

~4.76%

Trending Down

3 Year Price Growth

34.30%

Trending Up

10 Year Price Growth (P.A)

9.31%

Flat

Proportion Of Renters

45%

Flat

Wagga Wagga Population

67,891

Steady

*Note: Data derived from either DSR, Suburbs Finder or HTAG depending on reliability and availability of metrics. This is only a guide and best to cross-reference with other sources.

Location & Infrastructure 🗺️ 

Located just 4 km from Wagga Wagga’s CBD, Mount Austin is well-connected to essential services, schools, and shopping precincts. Public transport options exist, but private vehicle use remains the primary mode of travel. Planned infrastructure improvements, including upgrades to roads, recreational spaces, and public facilities, are set to enhance liveability and potentially drive further property demand. While commercial development within the suburb is limited, its close proximity to the CBD ensures residents have easy access to employment and amenities.

Economic Diversity & Jobs 💵 

Mount Austin, a suburb of Wagga Wagga, has a stable but relatively concentrated economy, with employment largely driven by trades, community services, and labouring roles. While not as economically diverse as other parts of the city, the broader Wagga Wagga region supports job opportunities in healthcare, education, and defence. The suburb benefits from Wagga Wagga’s position as a regional hub, but job stability in Mount Austin itself remains reliant on these surrounding industries rather than a strong local economic base.

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Example Property 🏚️ 

Metric

Address

11 Gowrie Parade, Mount Austin, NSW 2650

Purchase Price

$445,000

Stamp Duty

<$20,000

10% Deposit

$44,500

Expected Rental Price

$460/Week

Expected Rental Yield

6.3%

*Note: These calculations are purely estimations, but overall numbers will vary depending on your deposit, interest rates and other factors.

Pro’s Of Investing In Mount Austin ✅ 
  • Affordable Entry Point – One of the more affordable suburbs in Wagga Wagga, offering good value for investors.

  • Proximity to CBD – Just 4 km from Wagga Wagga’s city centre, providing easy access to employment hubs and amenities.

  • Strong Regional Employment Base – Wagga Wagga has diverse industries, including healthcare, education, and defence, supporting demand for housing.

  • Rental Demand & Falling Vacancy Rate – With rising house prices in more central locations, tenants are looking towards affordable suburbs like Mount Austin.

Con’s Of Investing In Mount Austin❌ 
  • Socioeconomic Challenges – Some areas have higher rates of public housing and lower-income demographics, which may impact property values.

  • Older Housing Stock – Many properties in the suburb are older, potentially requiring maintenance and renovations.

  • High Renter-to-Owner-Occupier Ratio – A larger proportion of renters compared to owner-occupiers can create more volatility in the rental market and impact long-term property value stability.

My Opinion🤔

Mount Austin provides a budget-friendly investment option within Wagga Wagga’s regional market. With strong rental demand and proximity to key employment sectors, the suburb has potential for steady returns. However, challenges such as a high renter-to-owner-occupier ratio and slower capital growth mean investors should take a strategic approach. For those looking for an affordable regional investment, Mount Austin could be worth considering—but due diligence is key to maximising long-term gains.

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Total Value: $1,299→ Today’s Price $35

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Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended as financial, legal, or professional advice. Always do your own research and consult with a qualified professional before making any decisions. The opinions expressed here are solely those of the speaker and do not reflect the opinions or views of any other organisation. By using this information, you agree that the creator of this content is not responsible for any financial or other losses you might incur.

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