It was just last week when a concept application was supported by council, which could transform the old Weissel Oval into a housing precinct.

In a separate development application, the city's tallest residential building at 17-storeys high was given a green light to be built on Sturt Street.

"It's hard to predict the future, but [these projects are] definitely going to be very beneficial because the developers are right at the coal face of what the population needs, to provide innovative, new types and styles for residents," Chris Egan said.

He said historically Central Wagga has had the highest level of demand compared to other suburbs, but with very, little vacant land to keep up.

The Riverside Apartments development will provide 67 residential units while the proposed precinct bordered by Kincaid, Gurwood, Shaw and Thomas streets could include 160 dwellings, ranging from apartments to detached or terraced-style houses.

But Mr Egan said there are about half a dozen vacant sites that had been empty for years, so it was a positive step seeing them taken up.

"A vacant site doesn't negatively affect real estate prices, but as developments are taken up and go forward it will impact positively on surrounding residential values," he said.

"We have a strong real estate market in Wagga with a lot university students, the RAAF and so forth.

"To have modern choices in Central Wagga for students and any demographic is positive."

Kincaid Cafe and Takeaway sole trader Tina Randal said the former Weissel Oval site had sat vacant for too long and it was about time it was used in a way that could bring growth to the area.

Ms Randal said she expected her customer-base to increase once construction gets underway, and again when new residents move into the properties.

"The business will certainly grow and trading hours will certainly have to extend ... but if they support us then we will definitely be open and ready to go," she said.