Wagga Wagga population

Wagga Wagga population statistics are an important factor for any property investor. NSW is a big state and there are a few of regional towns that are worthy a look at. Generally, when looking into property investing, we look at the towns that have “anchored” economies. That means that they are capable of surviving without being too dependent on one industry. For property investing, we think population growth is important.

Wagga Wagga population statistics.
Wagga Wagga population statistics.

Wagga Wagga residents’ details

Wagga Wagga is one of the cities that is often on the radar of many property investors. It is a prosperous and growing city. At the time of typing of this article, Wagga Wagga had 62,385 people residing in it. Wagga Wagga region had a population of 96,627. This makes this city bigger than Orange.

Median age in Wagga Wagga is 35 years, which shows us that this is a fairly young city. Young cities are usually more interesting to us, property investors, than older demographic cities. Because it we think it indicates potential for growth and expansion.

Wagga Wagga resident growth

Wagga Wagga population has remained fairly stable. There is no significant growth. Overall, number of residents in Wagga Wagga has grown by 04.27% from 2001 to 2018. Here is the table that shows trending of population growth in Wagga Wagga. This is worse than both  Newcastle and Orange.

TIME Residents
2001                     87,629
2002                     87,848
2003                     87,745
2004                     87,826
2005                     88,313
2006                     89,073
2007                     90,010
2008                     90,880
2009                     91,647
2010                     92,190
2011                     92,509
2012                     92,905
2013                     93,411
2014                     93,926
2015                     94,607
2016                     95,374
2017                     95,927
2018                     96,627

What will happen to Wagga Wagga property?

Population of Wagga Wagga has remained stable, which indicates to us the city is not losing population to Sydney. Due to its proximity to Sydney and its employment hubs, we think in long run Wagga Wagga should become more and more attractive to young professionals. Wagga Wagga remains a major hub and is a major regional city in the Riverina region.

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