NSW has seen average median house prices change by 6.38% which means that Corowa, 2646 has done well for property investors by showing a capital gain of -5.70% over the last year
Across a shorter period, Corowa, 2646 has seen a median price increase of 0.23% over the last quarter.
Property investors looking for a bargain in Corowa should be aiming for at least -8.39% off the asking price, which is the average vendor discount being achieved at the moment.
At number 3412 in a list of fastest selling suburbs, Corowa is in the bottom 10% of suburbs in Australia with an average of days on market 134.12 for properties listed there.
Advertised rents are around the $235 mark per week – giving a return of 5.68% based on the median price in Suburb
Corowa, 2646 ranked 521th in NSW when comparing growth in median property values or capital gain over the last 12 months. Corowa is one of 3163 in our list for NSW
The five-year average increase in median property values for Corowa,2646 has given property investors a potential capital gain of -15.79% across each of those five years.
Our latest figures would indicate that property sellers in Corowa are currently offering property investors an average price cut of -9.06% below the asking price at the moment.
Renters in Suburb are facing rents around $2100 per annum or $175 every week.