Gundagai Market Update 1 st H a l f 2 0 2 6
OVERVIEW
In Q4 2025, Gundagai* recorded a median house price of $515,000 and a median vacant land price of $280,000. This is a 12-month (Q4 2024 - Q4 2025) growth of 5.1% for houses and 36.1% for vacant land. Comparing Q4 2024 and Q4 2025, sales decreased by -44.4% for houses (to 10 sales in Q4 2025) for houses but increased to 7 sales for vacant land (from just 2 sales the year prior). The Gundagai* house market is undersupplied; this created a buffer against higher interest rates and retained price growth. Without any new residential projects / housing stock planned, house prices will very likely continue to increase. Thus, buyers must act fast.
CHANGE FROM LAST
YEAR
HALF YEAR
FUTURE DEVELOPMENTS Gundagai£ will see approximately $761.5M of new projects commencing construction from 2022-2026.
Infrastructure $136.3M
HOUSE SALE S Commercial
HOUSE ME DIAN PRICE
$620.6M
HOUSE RE NTAL PRICE
Clara Energy Project Rosedale – Hydrogen Facility ($600.0M) is the key commercial project planned for 2026 in Gundagai£. This project will deliver renewable energy from both solar and hydrogen to the CootamundraGundagai Region, ensuring long term economic benefits to the area.
LAND SALE S LAND ME DIAN PRICE
$ MARKET CONDITIONS MEDIAN PRICE Q4 2025
$515K
$280K
MEDIAN PRICE Q4 2025
$470
SALES
AVERAGE DAYS ON MARKET Q4 2025
118
154
HOUSE
L A N D
RENTALS
$395
AVERAGE DAYS ON MARKET Q4 2025
33
40
HOUSE
U N I T
The largest infrastructure project in Gundagai from 2023-2026 is the Australian Inland Rail Expressway Illabo to Stockinbingal to Parkes ($100.0M). This key state development will add 27 kilometres of single track from Illabo to Stockinbingal. This will help improve connections between the Greater Cootamundra-Gundagai area and others. The Dog on the Tuckerbox Gundagai Stages 1A, 1B and 1C is the only MixedUse Development ($4.6M). This adds cafes, shops and a child’s playground, which will improve liveability for local residents and create more jobs. There has been a considerable absence of residential projects since 2023. This means there are no new stand-alone ready-to-sell housing stock coming to market, or land lots to build a new home. Thus, the current undersupply will continue, which will push up property prices even further.