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.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 11.0% | N/A |
Sold Past 3 months | 7 | 1 |
Median days on market Past 12 months | 97 | N/A |
Average rent Past 12 months | $468 | N/A |
Change in rent Past 12 months | 7.6% | N/A |
5 year median price trend for houses and units
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.

