86 Shaw Street, Wagga Wagga NSW 2650

86 Shaw Street, Wagga Wagga NSW 2650
Central Wagga townhouse | high-spec family finish | strong rental demand | recent build with balcony This property offers a rare combination of modern townhouse living and central Wagga positioning, with a layout that suits families seeking low-maintenance convenience. The open-plan design, four bedrooms upstairs, and separate rumpus room provide genuine separation of living and sleeping zones, while the double garage with rear lane access adds practical appeal. For a buyer, the key advantage is the recent build quality and the ability to walk to shops and schools, which narrows the pool of comparable properties and strengthens resale prospects. It serves best as a long-term family home or a high-yield rental investment given the proven lease history. The primary risk is the price premium relative to some market estimates, which may require negotiation or patience. The 250mยฒ land size and 74% site coverage limit future expansion but also keep maintenance low. Rental demand is clearly strong, with quick leases and high inspection numbers, offering a solid fallback if holding as an investment. The property should be held for at least five years to capture suburb growth and avoid transaction costs, or rented immediately for a 3.7% gross yield.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 86 Shaw Street, Wagga Wagga NSW 2650
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Market Insight:

Wagga Wagga is a major inland service hub with a stable, tightly held property market. Demand is driven by local families, investors, and downsizers, attracted by strong affordability and its role as a regional centre. Recent conditions show sustained price growth and significant sales pressure, with rental vacancies critically low. Future growth is underpinned by its economic function and constrained supply, though the market remains sensitive to broader interest rate movements.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

250mยฒ

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