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Corowa
AREA REPORTS

Corowa

Corowa - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2646

house
unit

Based on its average 5-year and quarterly capital gains COROWA, 2646 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that COROWA, 2646 obtained a 4.95% growth over a ten-year period. It ranks 1805th on our list of suburbs that property investors should look into.

COROWA, 2646 in NSW belongs to the local government area of Federation (A).

COROWA, 2646 has a capital gain of 14.12% for the past year, which is higher than average compared to its 34.7% growth within a five-year period.

With the median home price in COROWA sitting at $295,000, and the average rent at $295, property owners could potentially earn a 5.2% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in COROWA are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Corowa
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $295,000 $185,000
GROWTH REPORT
Median Quarterly 3.51% 15.44%
Median 12 month 14.12% 15.63%
Median 3 years 15.69% 12.12%
Median 5 years 34.7% 15.63%
10 years average annual 4.95% 2.66%
Weekly media advert. rent $295 $230
Time on Market 73.4 days 0.0 days
Gross Rental Yield Percent 5.2% 6.46%
demographics (median values)*
Total Population
6758
Weekly Household Income
1027
Household Size
2.20
Age
48
Monthly Loan Repayment
1200
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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