At number 3812th in the list of Australian suburbs ordered by increase in median house value over the last year, Corowa, 2646 is in the BOTTOM 10% with a property value increase of -10.16% recorded in median house prices.
If we look at median property appreciation over just the last three months, Corowa has given property investors a paper return of -2.94%. This puts Suburb as 1180 on a list of fastest fasting appreciating suburbs in NSW
Corowa, 2646 is offering NSW ‘s 116th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.
If you compare the increase in value of investment property in Corowa, 2646 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -4.76%.
Corowa,2646 has offered an average of -4.76% return per annum in house price rises to property investors over the last three years.
At number 3rd of NSW’s most discounted properties, Corowa is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Using the current median advertised rental of $175 and the average annual increase in value of a median property of -0.71%, investors should hope to achieve an overall return of 6.50%