Corowa has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -4.07% to date .
Taking the average capital gain, or increase in median house value, Corowa,2646 has racked up an average of -4.07% over the period. This ranks it number 3424th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Corowa should be aiming for at least -6.97% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Corowa have been waiting around 122.83 days to sell a property.
Corowa, 2646’s gross rental yield is 5.64%
At number 1386th in the list of Australian suburbs ordered by increase in median house value over the last year, Corowa, 2646 is in the BOTTOM 20% with a property value increase of -4.39% recorded in median house prices.
Over the longer term, Corowa has seen property prices show investors a 7.02% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Corowa is $152500, with sellers offering an average of -6.67% off the asking price.
Corowa, 2646’s gross rental yield is 6.14%