Wodonga Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2025, Wodonga* recorded a median house price of $625,000 and a median vacant land price of $231,750. This represents an annual (Q2 2024 – Q2 2025) median price growth of 9.6% for houses and 7.8% for vacant land. This confirms an ideal time for owners to capitalize on their investments. Comparing Q2 2024 and Q2 2025, house sales increased by 3.6% (to 200 sales in Q2 2025), signalling ongoing buyer confidence and solid market demand. In contrast, land sales dropped significantly to only 32 sales, signalling a clear undersupply land market. Combined, these market dynamics created a buffer against higher interest rates, thus continued price growth. With limited dwellings planned in 2025, competition is likely to intensify; thus, buyers must act fast.
CHANGE FROM LAST
YEAR
Wodonga£ will see approx. $142.0M of new projects commencing in 2025. Residential $9.4M Mixed-Use Projects $20.0M
HALF YEAR
HOUSE SALE S
Commercial $45.7M
Infrastructure $59.2M
HOUSE ME DIAN PRICE
$7.8M
HOUSE RE NTAL PRICE
A key commercial project is Wodonga Tafe Barnawartha North Education Centre Heavy Vehicle Technology Precinct, adding workshops and infrastructure services to the centre.
LAND SALE S LAND ME DIAN PRICE
Key residential projects include:
$ MARKET CONDITIONS MEDIAN PRICE Q2 2025
$625K
MEDIAN PRICE Q2 2025
$550
SALES
$231K
AVERAGE DAYS ON MARKET Q2 2025
57
133
HOUSE
L A N D
RENTALS
$380
Industrial
•
Yackandandah - Wodonga Road Residential Subdivision (42 Lots)
•
448A Boyes Road (5 Dwellings)
•
2 Opal Court Units (5 Units)
•
Junction Place Mixed-Use Station 73 Precinct 4 (70 townhouses)
Although there are several residential projects planned for 2025, the number of ready-to-sell stock is not enough to answer current demand; especially compared to Q2 2025 sales numbers. Thus, an undersupply is likely, which will result in higher property prices.
AVERAGE DAYS ON MARKET Q2 2025
18
18
HOUSE
U N I T
8 Units/ Apartments
70 Townhouses
17 Dwellings
42 Lots