Suburb Profile Report for Corowa NSW (2646)

Corowa House: Median price $215,750, Annual capital growth 0.66%, Number of sales 114, Weekly median advertised rent $230

Corowa Unit: Median price $165,000, Annual capital growth 0.13%, Number of sales 29, Weekly median advertised rent $178

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Corowa has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 0.35% to date .

Taking the average capital gain, or increase in median house value, Corowa,2646 has racked up an average of 0.35% over the period. This ranks it number 3523th in the whole country for real estate investors looking at median house price increases.

Corowa2646 is located in NSW which offers an average discount of -5.49% to property investors. Corowa itself is showing figures that indicate -7.99% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Corowa the average time real estate has been on the market is 136.5 days.

Giving property investors a a stable capital gain of 6.11% for the last year, Corowa, 2646 is the 625th highest performer in Australia in this respect.

A 0.00% growth in median value for property investors in Corowa,2646 puts this suburb at number 14th in terms of best performing suburbs in NSW

Sellers are offering property buyers an average discount of -6.92% to buyers in Corowa at the moment, which is less than average for the rest of NSW.

Metrics i HOUSE UNIT
$215,750 $165,000
0.35% 16.81%
0.35% 6.11%
0.66% 0.13%
$230 $178
114 29
5.54% 5.59%
136.5 114.3

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 5604
Median household income ($/weekly) 868
Median age of persons 46
Median housing loan repayment ($/monthly) 1300
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 707 12.6
    35-44 years 621 11.1
    45-54 years 745 13.3
    55-64 years 751 13.4
    65-74 years 668 11.9
    Others 2113 37.7
    Age Group
    Census Count Percent(%)
    Registered Married 2151 52.7
    Not Married 1560 38.3
    Defacto Relationship 367 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4925 92.5
    Greece 28 0.5
    Papua New Guinea 68 1.3
    United Kingdom 165 3.1
    Other 32 0.6
    Others 104 2.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 31 0.6
    Christianity 4085 80.0
    Islam 12 0.2
    Other Religious Groups 6 0.1
    No Religion 962 18.8
    Others 11 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 211 10.3
    $400-$599 356 17.4
    $600-$799 220 10.7
    $800-$999 225 11.0
    $1,500-$1,999 232 11.3
    Others 807 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1867 43.1
    Employed, worked full-time 1471 33.9
    Employed, worked part-time 725 16.7
    Employed, away from work 156 3.6
    Unemployed, looking for work 114 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 281 12.0
    Professionals 276 11.8
    Technicians & trades workers 362 15.4
    Sales 229 9.8
    Labourers 546 23.3
    Others 653 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 88 7.9
    Infants/Primary 441 39.4
    Secondary 385 34.4
    Technical or Further Educational Institution 113 10.1
    University or other Tertiary Institutions 76 6.8
    Others 17 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4555 88.6
    Flat, unit or apartment 409 8.0
    Semi-detached, row or terrace house, townhouse 106 2.1
    Caravan, cabin, houseboat 60 1.2
    House or flat attached to a shop, office 13 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 925 41.8
    Being purchased 709 32.0
    Rented 564 25.5
    Other tenure type 15 0.7
    Tenure Type
Census 2011, ABS
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