City of Wagga Wagga
Population
62,385
Predicted Growth Performance
Since 2015, the Picki High Performance Growth algorithm has been selecting the best places to invest across Australia. Over that time it has been responsible for selecting over 400 million dollars worth of properties for property investors and has generated 110% higher capital growth when compared to the average.
Predicted Performance Rating
Top 66% of all areas
Low New Home Construction
Good Employment Health
Good Population Forecasts
Em
Employment Diveristy
Diverse
Health Care and Social Assistance - 16.0%
Public Administration and Safety - 12.0%
Retail Trade - 11.0%
Education and Training - 10.0%
Others - 51.0%
What is this
An assessment of which industry residents of this area are currently employed
Short Term Growth
Long Term Growth
Importance to Growth
Diverse employment lowers the risk to us as investors if we have a slow down with one large employer or industry.
Income Growth
Average
Average Income
What is this
An assessment of how Gross income figures per household are changing over time.
Short Term Growth
Long Term Growth
Importance to Growth
It is not the actual income figure that is important, it is the rate of change that helps to create opportunity for investors. If incomes in an area are growing strongly, then the area may be gentrifying leading to strong capital growth performance.
COMMUTE TIME
82mins
42.6 kms
Average
What is this
The average time it takes residents to commute to their place of employment - a useful assessment for metropolitan areas.
Short Term Growth
Long Term Growth
Importance to Growth
When people are employed locally, the area becomes a place that residents typically stay put. Lower commute times demonstrate a scarce, well serviced area - a highly valued location.
58 Suburbs in City of Wagga Wagga
Ordered by Best Projected Short Term Growth (Green = Buying window)
