South Gundagai, NSW 2722
Snowy ValleysAll suburbs in postcode 2722
Updated
Median house price
$372,500
-16.8% over the past year.
Median of 10 house sales · NSW Valuer General · calendar 2025
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South Gundagai at a glance
- Median unit
- $192,240
- Weekly rent
- $400
- Houses
- Population
- 781
- Median age 45
Prices: Median of 10 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2722), September 2024 · Population: 2021 Census
House prices in South Gundagai
Houses change hands at $372,500 on a typical sale, well below the NSW median (10 house sales, NSW Valuer General, calendar 2025). Units come in around $192,240, roughly 48% below the house median. The 12-month picture shows a softening market (-16.8%), giving buyers more room to negotiate.
For sellers
With 12-month growth at -16.8%, pricing should anchor to the most recent six months of comparables, not last year's peak.
For buyers
A 20% deposit on the median house works out to roughly $75,000. Prices are well below the NSW median, which keeps South Gundagai on the radar for first-home buyers and right-sizers.
Rental data as of September 2024· NSW rental bond data (postcode 2722)
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What to know about South Gundagai
South Gundagai (2722) sits in the Snowy Valleys region of NSW. The median house here is $372,500, well below the NSW median of around $1.10M. Prices have moved -16.8% over the past year, well behind the NSW average (3%).
South Gundagai has roughly 781 residents, with an established, older skew. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
What it’s like to live here
South Gundagai scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 32°C (warm), winter mornings around 2°C (cold). Annual rainfall lands at about 721 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 2 government primary, 1 government secondary, 1 Catholic.
Schools in South Gundagai
Location
Walkability
- Walk
- 0/100
- Transit
- 0/100
- Bike
- 0/100
Very car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put South Gundagai's population at 781, with a median age of 45. That sits as an established, older skew. Households are predominantly owner-occupied (79% own, 21% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (69% family households, 28% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 69%
- Lone person
- 28%
- Owner occupied
- 79%
- Renter occupied
- 21%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 5.58% (median rent $400/wk against a $372,500 price tag). Renter share is modest (21%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
- Gross yield, housesSource: NSW Valuer General (PSI) · Sept 2026
- 5.58%
- On the $372,500 median
- 12-month change, housesSource: NSW Valuer General (PSI) · Sept 2026
- -16.8%
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
41 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of January 2026
Weather year-round
- Annual rainfall
- 721 mm
- Hottest month, avg max
- 31.6°C
- Coldest month, avg min
- 2.1°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about South Gundagai
- What is the median house price in South Gundagai?
- The median house price in South Gundagai, NSW 2722 is $372,500 (median of 10 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $192,240. Annual growth is -16.8%.
- How much is my house worth in South Gundagai?
- A useful starting point is the South Gundagai median house price of $372,500 (units $192,240). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is South Gundagai a good investment?
- On the published figures, the gross rental yield on houses in South Gundagai is 5.6%: the median weekly house rent is $400 (NSW rental bond data (postcode 2722), September 2024) against the median house price of $372,500 (NSW Valuer General, calendar 2025). The median house price fell 16.8% over 12 months on the same NSW Valuer General figures. Whether South Gundagai is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the South Gundagai postcode?
- South Gundagai is in the 2722 postcode, in NSW, in the Snowy Valleys region.
- Where is South Gundagai?
- South Gundagai is a suburb in the Snowy Valleys area, NSW 2722.
- What is the average rent in South Gundagai?
- The median weekly rent for houses is $400.
- What schools are in South Gundagai?
- There are 4 schools serving South Gundagai on this page, including Gundagai South Public School, St Patrick's Primary School, Gundagai Public School.
- How walkable is South Gundagai?
- South Gundagai has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near South Gundagai?
- South Gundagai is close to Tarrabandra, Gundagai, Edwardstown, Willie Ploma, Darbalara.
- What is the population of South Gundagai?
- The population of South Gundagai is approximately 781 (2021 Census). The median age is 45.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.