Wodonga Market Update 2 nd H a l f 2 0 2 6
OVERVIEW
In Q2 2026, Wodonga* recorded a median house price of $700,000 and a median vacant land price of $225,000. This represents an annual (Q2 2025 – Q2 2026) median price growth of 12.7% for houses and 4.7% for vacant land. During this time (Q2 2025 and Q2 2026) sales decreased, by -26.9% for houses (to 166 sales in Q2 2026) and by -47.4% for vacant land (to only 41 sales in Q2 2026). This indicates a clear undersupply in the market. Despite higher interest rates in 2026, these supply constraints have supported continued price growth. Thus, now remains an ideal time for owners to capitalise on their investments. With a limited number of ready-to-sell houses and units planned in the 2026 construction pipeline, competition is likely to intensify. Thus, buyers need to act fast.
CHANGE FROM LAST
YEAR
FUTURE DEVELOPMENTS** Wodonga£ will see approx. $55.2M of new projects commencing in 2026. Residential $5.9M
Mixed-Use $6.5M
HALF YEAR
Infrastructure
HOUSE S ALE S
$37.1M
HOUSE ME D IAN PRICE HOUSE RE NTAL PRICE A key commercial project in 2026 is Belvoir Village Motel which aims to construct 20 motel units with the project costing an estimated $1.8M. This will stimulate the local economy through job creation and can attract more people to Wodonga.
LAND SALE S LAND ME D IAN PRICE
Most projects that are planned in 2026 are infrastructure, which include a function centre, improvements to military facilities, roadworks, footpath, and others. This will improve liveability for current residents.
$
MARKET CONDITIONS MEDIAN PRICE Q2 2026
$700K
$225K
MEDIAN PRICE Q2 2026
$550
SALES
AVERAGE DAYS ON MARKET Q2 2026
40
HOUSE
RENTALS
$422
132
L A N D
AVERAGE DAYS ON MARKET Q2 2026
19
HOUSE
16
U N I T
Some key residential projects include: •
7-15 Morelli Way (12 Dwellings)
•
3 Sage Court (9 Units)
In 2026, two residential projects are in the pipeline. That said, the number of ready-to-sell stock planned (9 units and 12 houses) will not be enough, especially compared to Q2 2026 sales of 166 houses. Thus, an undersupply in housing stock is likely, which will push up property prices even higher.
12 Dwellings
9 Units/ Apartments