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PRD Wodonga Market Update 1st Half 2026

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Wodonga Market Update 1st Half 2026

In Q4 2025,Wodonga* recorded a median house price of $649,000and a median vacant land price of $235,000.This represents an annual (Q4 2024– Q4 2025)median price growth of 10.9% forhouses and 6.8%for vacantland. Thus,now is an ideal time for owners to capitalize on their investments. Comparing Q4 2024and Q4 2025,house sales increased by 18.6%(to 261 sales in Q4 2025), signalling ongoing buyer confidence and high market demand. In contrast, land sales declined by-38.2% to only 63 sales in Q4 2025,indicating a clear undersupply. Combined with lower interest rates in 2025, this has supported continued price growth. With a limited number of ready-to-sell dwellings planned in the 2026 pipeline, competition is likely to intensify; thus, buyers need to act fast.

Wodonga£ will see approx.$815.2Mof newprojectscommencingin2026.

YEAR HALF YEAR CHANGE FROM LAST

HOUSE SALES

HOUSE MEDIAN PRICE

HOUSE RENTAL PRICE

LAND SALES

LAND MEDIAN PRICE

MEDIAN PRICE Q4 2025

$649K $235K

MEDIAN PRICE Q4 2025

AVERAGE DAYS ON MARKET Q4 2025

38

AVERAGE DAYS ON MARKET Q4 2025

A key commercial project in 2026 is Kiewa Valley Highway Battery Energy Storage System - Baranduda Bess, which will construct a 400MW/1800 MWhbattery energy storage system facility. This will stimulate the local economy through job creation and can attract more people to Wodonga. Some key residential projects include:

• 7-15 & 21-23Morelli Way Dwellings (12 Dwellings)

• Beechworth-Wodonga Road Dwellings (10 Dwellings)

• 3 Sage Court Units (9 Units)

In 2026, 4 residential projects are in the pipeline. That said, the number of ready-to-sell stock is still not enough, especially compared to Q4 2025sales of 261houses and 63 units. Thus,an undersupply is likely, which will push up property prices even higher. 63

AVERAGE VENDOR DISCOUNT*

Average vendor discount reflects the average percentage difference between the first list price and final sold price. A lower percentage difference (closer to 0.0%) suggests that buyers are willing to purchase close to the first asking price of a property.

Average vendor discounts between Q4 2024and Q4 2025 have tightened to -0.6% forhouses and -1.8% for vacant land. Market conditions in Wodonga* still favourbuyers, as sellers are willing to accept below the listed prices. That said, Q4 2025recorded the tightest average discounts in the past 24 months,indicating a shift towards a seller’s market. With limited new supply, buyers must actfast.

The suburb of Wodonga has historically been onpar with the wider Wodonga LGA in house and land median prices for the past 5 years. 2025saw this trend continue, with median house price in the suburb and LGA growing in the same direction and pace.

In 2025, most of the homes sold in Wodonga* were in the middle price brackets, with 36.1% sold between $600,000 and $699,999.Similarly, 40.4%of land sold were between $200,000and $249,999.That said, the most affordable price brackets is still available, with 11.8%of houses sold below $499,999and 8.7% of land sold below $149,999.This is good news for first home buyers. The premium market for houses have increased slightly, with 12.8%of stock sold above $800,000,which will benefit homeowners.

MARKET COMPARISON

Wodonga (3690) House

Wodonga LGA House Wodonga (3690) Vacant Land Wodonga LGA Vacant Land

The market comparison graph provides a comparative trend for median price of houses and vacant land over the past 5 years. The main LGA chosen was based on their proximity to the main suburb analysed, which is Wodonga.

PRICE BREAKDOWN 2025

Less than $499,999 $500,000 to $599,999 $600,000 to $699,999 $700,000 to $799,999

and above

Less than $149,999

$150,000 to $199,999

$200,000 to $249,999

$250,000 to $299,999 $300,000 and above

RENTAL GROWTH 2025€

House rental yield in Wodonga¥ was 3.7% as of December 2025,on par with Wodonga LGA (3.8%) and higher than Melbourne Metro (3.0%). This is paired with a 3.8% growth in median house rental price in the past 12months to Q4 2025,to $540per week; along with a 39.2% surge in the number of houses rented (to 231rentals in Q4 2025). This suggests a highly-demanded and competitive house rental market in Wodonga¥, which is beneficial to investors.

3-bedroom houses have provided investors with +8.3% rental growth annually, achieving a median rent of $520per week.

Wodonga¥ recorded a vacancy rate of 1.1%in December 2025, below Melbourne Metro’s 2.0%. Vacancy rates have increased slightly in the past 12months, due to investors re-entering the rental market. However, a 1.1% vacancyrate is still well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, indicating quicker occupancy of rental properties in Wodonga¥. This suggests a conducive and sustainable investment environment for investors, even with a higher house sales price (thus, entry price) in the past 12months to Q4 2025.

RENTAL VACANCY RATES 2025

Wodonga (3690) Wodonga LGA Melbourne Metro REIA 'Healthy' Benchmark

(3690)

Wodonga

PROJECT DEVELOPMENT MAP 2026

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REFERENCES

* Wodonga sales market data and key indicators encapsulates aggregate property market conditions within the Wodonga Local Government Area.

** Estimated values are based on construction value provided by the relevant data authority and does not reflect commercial and/or re-sale value.

# 2025 encapsulates sales transactions for the full year 2025 (01/01/2025– 31/12/2025).

€ Annual rental growth is a comparison between Q4 2024 (01/10/2024 – 31/12/2024) and Q4 2025 (01/10/2025 – 31/12/2025) house median rent figures.

¥ Wodonga rental market data encapsulates aggregate property conditions within the postcode of 3690.

§ Rental yields shown are as reported as of December 2025.

₳ Project development map showcases a sample of upcoming projects only, due to accuracy of addresses provided by the data provider for geocoding purposes.

£ Projects refers to the top developments within the postcodes of 3690 and 3691.

µ Estimated value is the value of construction costs provided by relevant data authority, it does not reflect the project’s sale/commercial value.

ψ Commencement date quoted for each project is an approximate only, as provided by the relevant data authority, PRD does not hold any liability to the exact date.

Source: APM Pricefinder, Cordell Connect database, SQM Research, Esri ArcGIS.

Disclaimer: PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material.

Prepared by PRD Research. © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed. © Copyright PRD 2026.

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