Gundagai (postcode 2722) is a small locality in New South Wales within the Cootamundra-Gundagai Regional local government area. With a population of 1,699, the suburb has an older-leaning population with a median age of 45. Households earn a median income of $64K per year, with an average household size of 2.3 people. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, managers, professionals. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are English, Australian, Irish.
The median house price in Gundagai is $503,000, having declined by 5.5% over the past year. Units have a median price of $262,000 (+24.8% YoY). The current median weekly rent is $465. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,211.
Gundagai is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 960, which is around the national average of 1,000. Public transport access includes 1 rail station, 58 bus stops. Healthcare facilities include 1 public hospital.
From an investment perspective, Gundagai shows a gross rental yield of approximately 4.8%, rated as moderate yield. Property prices sit below the state median ($503K/$1.5M), which can point to relative value. The price-to-income ratio of 7.9x is considered moderate. House prices have moved -5.5% year-on-year.