FOR SALE
$1,400,000 - $1,500,000

73 & 75 Murray Street
Wagga Wagga NSW 2650

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 1176m2
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Two adjoining city dwellings being offered for sale as 1 parcel. Ideally suited for development (subject to council approvals) and located directly opposite the rapidly developing South Wagga shopping and retail hub.
Comprising 1176 m2 in total and bounded by side lane and rear lane access, which makes for ease of access and developmental design and usage.
Both dwellings are currently rented and returning $700 pw. However redevelopment in this location will attract serious interest from the medical precinct and draw on the the energy and activity around the redevelopment of the immediate neighbourhood.
Zoning is 3R and the site is suitable for multiple residential dwellings. Wagga is currently experiencing a shortage of rental properties and quality constructions command premium rents.
Contact Paul Gooden on 0418 967 982 to arrange an inspection or for any other details you may require.
All of the information contained in this document is from sources the Agent and Vendor believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property Details for 73 & 75 Murray St, Wagga Wagga

73 & 75 Murray St, Wagga Wagga is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1176m2. The place is currently for sale with Fitzpatricks Real Estate.

Building Type
House
Land Size
1176m2

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About Wagga Wagga 2650

The size of Wagga Wagga is approximately 8.9 square kilometres. It has 13 parks covering nearly 21% of total area. The population of Wagga Wagga in 2011 was 6,961 people. By 2016 the population was 7,109 showing a population growth of 2.1% in the area during that time. The predominant age group in Wagga Wagga is 20-29 years. Households in Wagga Wagga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wagga Wagga work in a professional occupation. In 2011, 47.8% of the homes in Wagga Wagga were owner-occupied compared with 45.5% in 2016.

Wagga Wagga has 6,080 properties. Over the last 5 years, Houses in Wagga Wagga have seen a 71.52% increase in median value, while Units have seen a 55.78% increase. As at 28 February 2025:

  • The median value for Houses in Wagga Wagga is $586,864 while the median value for Units is $347,219.
  • Houses have a median rent of $490 while Units have a median rent of $400.
There are currently 64 properties listed for sale, and 66 properties listed for rent in Wagga wagga on OnTheHouse. According to CoreLogic's data, 253 properties were sold in the past 12 months in Wagga wagga.

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