74-Hectare Rezoned Residential Landholding Offers 400+ Lot Potential in Wagga Wagga’s Northern Growth Corridor

One of the largest rezoned residential sites to hit the regional NSW market in years, 9 River Road, Gobbagombalin, is now available for acquisition.

Comprising two parcels totalling approximately 74 hectares, the property has been rezoned from rural to residential under the Wagga Wagga Local Environmental Plan 2010 and carries an Urban Release Area designation, placing it within the city’s committed long-term growth corridor. Unlike many greenfield sites still navigating planning approvals, this land is ready to proceed directly to subdivision planning and infrastructure delivery. Four existing dwellings are in place, providing holding income during the delivery phase.

Due diligence indicates the site has a yield potential of 300 to 500 residential lots, with an optimal range of 400 to 440 lots – enough for a genuine master planned community. Around 40 hectares sits above the flood line and is available for development, while the remaining 34 hectares of floodplain offers substantial open space and natural amenity.

Located approximately 5km from the Wagga Wagga CBD, the site sits within the Northern Growth Area, which has attracted $70.8 million in committed NSW Government and Council infrastructure investment, including a $21.23 million sewer capacity upgrade directly serving this corridor.

Local market conditions add further weight. The median finished lot price reached $315,000 in 2024/25, up 6.78% year on year, while the rental vacancy rate sits at just 0.6%, far below the 3% balanced market benchmark.

Wagga Wagga’s population is projected to grow from approximately 70,700 today to over 82,000 by 2046, fuelled by defence, health, education and transport investment.

The property is offered for sale by Expression of Interest closing Thursday 25 June 2026. An Information Memorandum is available to qualified parties upon request.

*Agents Interest Declared

Seeking more details or the Information Memorandum? Contact the Lachlan Day on 0408 501 071 today to discuss 'Gobbagumbalin' 9 River Road, Gobbagombalin. Click here to browse the listing.