Get a property report and suburb profile for any property in Gundagai

Join the 2 million Australians* who use our services every year.

Geo Page

Gundagai suburb profile

Gundagai is a historic town located in the Riverina region of New South Wales, renowned for its rich cultural heritage and picturesque landscapes. Situated along the Murrumbidgee River, it serves as a charming stopover for travelers on the Hume Highway. Gundagai is famous for its iconic landmarks, including the Dog on the Tuckerbox statue and the heritage-listed Prince Alfred Bridge. The town offers a blend of rural charm and modern amenities, with a welcoming community and a variety of local events. Its scenic beauty and historical significance make Gundagai a delightful destination for visitors and residents alike.

Gundagai property market performance

Gundagai's property market has shown growth in the housing sector over the last 12 months with house values increasing by 11.0%. However, the median house price remains at $0, indicating a potential gap in available data or specific market conditions. Meanwhile, unit values and sales appear stagnant, with no change in median unit value and only one unit sold during this period.

The real estate activity is relatively low, with only seven houses and one unit sold. Houses have a high median of 97 days on the market, reflecting either market hesitance or low demand.

In terms of rental trends, the average rent for houses has increased by 7.6% over the past year, reaching $468, while unit rental data remains unavailable, continuing the trend of limited data in the unit market.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
11.0%N/A
Sold
Past 3 months
71
Median days on market
Past 12 months
97N/A
Average rent
Past 12 months
$468N/A
Change in rent
Past 12 months
7.6%N/A

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Gundagai demographics

Gundagai, a picturesque town located in New South Wales, is renowned for its rich history and iconic landmarks such as the Dog on the Tuckerbox. With a population of 1,699, Gundagai offers a close-knit community atmosphere, making it an appealing choice for families and retirees seeking a peaceful lifestyle. The median age of 45 indicates a mature population, with many residents enjoying the town's relaxed pace and scenic surroundings.

The housing landscape in Gundagai is characterized by a high rate of home ownership, with 48.3% of properties owned outright and 27.3% owned with a mortgage. This stability reflects the town's appeal to long-term residents and those looking to settle down. Rental properties make up 24.3% of the housing market, providing options for those seeking flexibility or temporary accommodation.

Family dynamics in Gundagai are diverse, with couple families without children comprising 45.7% of the population, while couple families with children account for 37.7%. One-parent families make up 14.9%, highlighting the suburb's inclusive community. The median total household income of $1,225 per week suggests a modest yet comfortable living standard, supported by local employment opportunities and the town's affordable cost of living.

Gundagai infrastructure, key developments and investment opportunities

Gundagai’s position on the Hume Highway between Sydney and Melbourne continues to underpin demand from travellers and regional buyers, supporting local businesses and services that add to the town’s amenity and employment base.[2][8] The town’s heritage character, including multiple heritage-listed buildings and places, remains a key focus of local identity and tourism promotion, which helps sustain investment in the main street and surrounding precincts.[1][6]

The area is serviced by several local schools and community facilities, reinforcing its appeal to families seeking a rural lifestyle with essential services close by.[1] Council planning is now managed under the broader Cootamundra-Gundagai Regional Council, which is focused on preserving rural character while supporting steady growth in tourism and agriculture, a balance that is likely to maintain stable long-term property demand.[2][8]

Gundagai rental market trends

The rental market in Gundagai shows modest growth, with house rents increasing by 7.6% over the past year to $468 per week. However, unit rents have remained unchanged at $0, indicating limited availability. Gundagai’s affordability and scenic surroundings make it an appealing location for those seeking a peaceful lifestyle with rental opportunities primarily in houses.

Suburbs near Gundagai

Some popular suburbs near Gundagai include:

How does Gundagai compare to nearby suburbs?

  • Median house prices: Gundagai’s median house price is 4.9% higher than Tumut’s.
  • House price growth: Over the past 12 months, house prices in Gundagai have grown 9.7% higher than in Tumut.
  • Selling speed for houses: Properties in Gundagai are selling 3.0% faster than in Adelong.

Common questions about Gundagai

  • Is Gundagai a nice place to live?

    Gundagai is a charming and peaceful place to live, offering a delightful blend of rural charm and modern conveniences. Nestled in the picturesque Riverina region, this suburb is known for its welcoming community and scenic beauty, making it an attractive choice for families and retirees alike. The town's relaxed pace and close-knit atmosphere provide a safe and nurturing environment for raising children, with local schools and community facilities readily available to support family life.

    The vibe in Gundagai is one of warmth and hospitality, with a strong sense of community that is both inclusive and supportive. The town's cultural heritage and iconic landmarks, such as the Dog on the Tuckerbox, add to its unique character, drawing visitors and residents who appreciate its historical significance. While Gundagai may not offer the bustling nightlife of a city, it compensates with a variety of local events and outdoor activities, including parks and green spaces perfect for leisurely strolls or family picnics.

    Living in Gundagai does come with some trade-offs. While it offers a peaceful rural lifestyle, those seeking the amenities of a larger city might find the options limited. However, its strategic location along the Hume Highway provides convenient access to larger urban centers, ensuring that essential services and shopping opportunities are never too far away. Overall, Gundagai is a delightful place to call home for those who value community, history, and the tranquility of country living.

    Down Pointer
  • Is it expensive to live in Gundagai?

    Living in Gundagai, a charming regional town in New South Wales, might not be as expensive as one might think, especially when compared to the bustling cities. Interestingly, the median house and unit prices are currently not available, which might suggest a unique market situation or limited recent sales data. However, for those considering renting, the average rent for houses is around $468 per week.

    When we compare the median total household income in Gundagai, which is approximately $1,225 per week, to the NSW state average wage of about $95,000 per year for full-time workers, it becomes clear that the cost of living here is relatively manageable. The income levels in Gundagai align with the state average, indicating that residents can maintain a comfortable lifestyle without the financial strain often associated with larger cities.

    Overall, Gundagai offers a more affordable living environment, especially for those who appreciate the charm and pace of regional life. If you're thinking of living in Gundagai, you'll find that it provides a balance of affordability and a welcoming community atmosphere, making it an attractive option for many.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
    Down Pointer
  • Is Gundagai a good place to invest?

    Gundagai presents an intriguing opportunity for property investors, particularly those interested in houses. Over the past year, the median house value in Gundagai has increased by an impressive 11.0%, indicating strong demand and potential for capital growth. This growth is complemented by a 7.6% rise in house rents, suggesting a healthy rental market that could provide a steady income stream for investors.

    While the unit market in Gundagai has remained stable with no change in median values or rents over the last 12 months, this stability could appeal to investors seeking low-risk, long-term investments. However, the real standout in Gundagai is the housing market, which has shown significant growth and rental demand. This makes it an attractive option for those looking to invest in a regional area with promising returns.

    Overall, Gundagai's recent performance in the housing market, combined with its potential for rental income, makes it a noteworthy choice for investors. The suburb's charm and regional appeal add to its investment potential, offering a unique opportunity for those looking to diversify their property portfolio.

    Down Pointer

Choose the right real estate agents in Gundagai

In Gundagai ,7 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 96.2% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2.17% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.