Insights H1 2026 | 21 Craig Tait from Commercial Wagga Wagga says the commercial property market in Wagga Wagga has remained strong, with good growth in capital values created through increased demand. Wagga Wagga is experiencing a lack of commercial land, which is pushing established prices higher, particularly among owner occupiers seeking entry to the market. Investors are very active, and time on market has significantly reduced. That said, there are still opportunities to secure high quality commercial investments, if buyers can move quickly. The rental market is steady, with demand for retail slowly returning. The industrial rental market is still very buoyant. With many large infrastructure projects in the region, it is expected that rental demand will increase over time. Craig sums up the market, saying, “We are very pleased with the way the commercial market in Wagga Wagga is travelling along at the moment. We are experiencing a reasonable level of optimism in the Wagga Wagga market, which is supporting commercial leasing transactions in the city. Craig Tait craig.tait@wagga.rh.com.au Wagga Wagga Office Industrial Retail Rents p/m² Vacancy Yields Rates p/m² Six-month market outlook Office Industrial Retail Rents p/m² $300-$400 $90-$160 $300-$550 Vacancy 5% 3% 5% Yields 6-7% 6.5-7.5% 6.5-7% Rates p/m² $4,000-$5,000 $1,500-$3,000 $4,000-$5,000 Current market conditions $2,000,000 18 Meurant Avenue, Wagga Wagga Recent Notable Transactions SOLD $1,960,000 16-18 Baylis Street, Wagga Wagga SOLD For more information, contact:
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