Corowa is in the bottom 20% in NSW when comparing median price capital growth over the last year. Corowa gave property investors a dismal capital gain figure when compared to the rest of the state, with -1.93%.
Over the longer term, Corowa has seen property prices show investors a -1.93% return over the last 3 years. This is the same as over the last 12 months
LACK OF BUYER INTEREST may well be the reason that Corowa is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 129th in terms of most discounted suburbs in NSW
Corowa, 2646’s gross rental yield is 5.54%
Corowa, 2646 ranked 393th 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
Over the longer term, Corowa has seen property prices show investors a -5.45% return over the last 3 years. This is an improvement over the last 12 months
Vendor discounting in Corowa is giving property investors an average Vendor Discount of around -6.61%. This puts suburb at number 37th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Corowa the average time real estate has been on the market is 117.6 days.
Using the current median advertised rental of $175 and the average annual increase in value of a median property of -0.72%, investors should hope to achieve an overall return of 6.17%