Gundagai Market Update 2 nd H a l f 2 0 2 5
OVERVIEW
In 1H 2025, Gundagai* recorded a median house price of $480,000 and a median land price of $210,000. This represents annual (1H 2024 – 1H 2025) price growth of 8.5% for houses and 20.0% for land. Comparing 1H 2024 and 1H 2025, total sales declined by -33.3% (to 20 sales in 1H 2025) for houses and by -40.0% (to only 6 sales in 1H 2025) for land. This confirms a highly undersupplied market, which created a buffer against higher interest rates and further benefited from the latest cash rate cuts. Thus, now is an ideal time for owners to capitalise on their investments. Further, without any new residential stock planned between 2022 and 2027 the undersupply in the market is expected to continue. Buyers must act fast.
CHANGE FROM LAST
YEAR
HALF YEAR
FUTURE DEVELOPMENTS Gundagai£ will see approximately $770.5M of new projects commencing construction between2022 - 2027. Mixed Use $24.9M Infrastructure $135.6M
HOUSE SALE S HOUSE ME DIAN PRICE HOUSE RE NTAL PRICE
Commercial $610.0M
LAND SALE S LAND ME DIAN PRICE The Clara Energy Rosedale Hydrogen Facility project ($600.0M) is the largest commercial project set to commence 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.
$ MARKET CONDITIONS MEDIAN PRICE 1H 2025
$480k
$210K
MEDIAN PRICE 1H 2025
$465
SALES
AVERAGE DAYS ON MARKET 1H 2025
137
223
HOUSE
L A N D
RENTALS
$200
AVERAGE DAYS ON MARKET 1H 2025
23
69
HOUSE
U N I T
The largest infrastructure project in Gundagai from 2022-2027 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 development will help to grow and improve connections between the Greater CootamundraGundagai area and others; facilitating more business between various areas. There is an absence in residential projects, and at present, none are in the pipeline for 2025 to 2027. This means there are no new stand-alone ready-to-sell stock coming to market, or land lots for new house build. Thus, the housing undersupply will continue, which will push up property prices even further.