The city's most popular suburbs for renters and investors all have something in common.
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Close proximity to services, like shopping centres, and schooling zones have put Central, Kooringal and Lake Albert at the top of the list.
Professionals Real Estate managing director Paul Irvine said Central Wagga has always been a suburb of choice for rentals.
"You can walk everywhere," Mr Irvine said.
"Most people would choose to live in Central, but price dictates where people can live and now there's a premium to live in town.
"Therefore, we're finding suburbs such as Kooringal and Lake Albert are equally as popular as they've got good infrastructure and great schooling."
However, Mr Irvine said there are always exceptions and university students and those who might work at Bomen are more likely to be attracted to the northern suburbs.
"Every office will tell you that vacancy rates are so low and there's high demand in every suburb," he said.
LJ Hooker's November property update showed Forest Hill was the best suburb for investors in terms of rental yields, which are currently sitting at 6.4 per cent.
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The data, provided by CoreLogic, found that Tatton produced the strongest growth, at 15.5 per cent, Kooringal sold the most homes, at 125 sales, and Turvey Park was the suburb which produced the shortest period for selling homes.
The next popular suburb for investing was Mount Austin, with yields at 5.9 per cent and the median weekly rent at $290.
Mr Irvine said the suburb is gaining more attention from out-of-town investors.
"Mount Austin properties are generally asking between $170,000 to $200,000, but achieving high yields," he said.
"We're definitely seeing more out-of-town investors than usual ... I've already spoken to two investors on Tuesday interested in Mount Austin properties."
PRD Wagga sales assistant Luke Gerhardy said Llyod is another suburb that is attracting strong interest from both renters and investors.
"Lloyd, Kooringal and Central Wagga are the suburbs that provide shops and schooling for families," he said. "Lloyd is close to South City and it ticks along well from an investment point of view."
