All About Kooringal, Wagga Wagga, NSW, 2650

Kooringal, a suburb located in the southeastern part of Wagga Wagga, New South Wales, offers a balanced and appealing housing market characterized by its affordable prices and diversity in housing options. Typically, properties in Kooringal range from well-maintained, mid-20th century homes to newer developments, which attract a diverse set of buyers, including first-home buyers, families, and retirees. The suburb is known for its relatively stable market, with modest growth in property values that provide a sense of security to both current homeowners and investors. The area is particularly attractive to those seeking spacious homes with large yards, offering more value for money compared to the more densely populated areas closer to Wagga Wagga’s city center.

Living in Kooringal presents a blend of convenient amenities and a laid-back lifestyle that appeals to many residents. The suburb boasts essential services such as schools, shopping centers, and healthcare facilities, with Kooringal Mall being a central hub for local shopping needs. Residents enjoy the charm of suburban life with access to parks and recreational facilities, fostering a family-friendly environment. Additionally, the sense of community is strong, with various local events and activities that bring neighbors together. Its proximity to Wagga Wagga means that residents have easy access to the broader cultural, dining, and employment opportunities that the city offers, making Kooringal an attractive choice for those seeking a quieter life without sacrificing convenience.

Kooringal Real Estate Market Outlook

Thinking about buying in Kooringal? Now could not be a better time, with 4106 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $510,000 with prices in this suburb ranging from $64,000 to $3,219,000. The aproximate distance to the coast is 261 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Kooringal due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Kooringal classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Kooringal requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!