Wagga: Ranking 14th in Affordability


Negative Gearing – Property & Shares


Suburb Spotlight: Estella


Estella is situated on the elevated northern extreme of Wagga, overlooking the Murrumbidgee River and only five minutes drive to Wagga’s central district.

The suburb is relatively new, with development commencing in the 1980s, and the streets named after crop varieties and individuals historically associated with the nearby Agricultural Research Institute. Located directly to the south of Charles Sturt University and to the west of Boorooma, the southern and western boundaries of the suburb are Old Narrandera Road and Pine Gully Road respectively.

Estella is very popular with academics, support staff and students from CSU, who enjoy the easy proximity to the university. This rapidly expanding suburb enjoys a quiet, rural atmosphere and community feel. Renowned for its peacefulness and security, Estella has always enjoyed a very steady demand from both purchasers and renters of family homes. It is also the location of the expansive Settlers Village retirement complex, which provides a variety of accommodation for the over 55s.

Comprising mostly three to four bedroom brick veneer homes in a modern style, in quiet streets, Estella is bordered by CSU grounds and grazing lands, and is liberally sprinkled with tree reserves, parks, and walking tracks. Residents walking their dog or riding a bike are very common sights.

With a population of 2,4401, the suburb is currently serviced by a medical centre, pharmacy and child care centre, though there are plans for a supermarket development in the future.

House sales have steadily increased in the area since 2012, with 60 properties sold by Wagga Wagga real estate agents in 2015.
The current median house price in Estella is $313,000, while the median land price is $125,0002. Median weekly rent in the suburb is $285 per week3.

Properties we currently have listed with Fitzpatricks in Estella are:

Tahara_front1_21 Franklin_photo_61 Avocet_front_28
21 Tahara Crescent 61 Franklin Drive 28 Avocet Drive
Pinnacle_front_8 Fitzpatricks Real Estate Wagga Wagga StPauls_back_4
8 Pinnacle Place 4 St Pauls Place 

For all our listings, visit our website – www.fitzpatricks.com.au

Sources: profile.id1, RP Data2Graphiq3