Suburb Profile Report for Cowra NSW (2794)

Cowra House: Median price $235,000, Annual capital growth 2.62%, Number of sales 205, Weekly median advertised rent $240

Cowra Unit: Median price $129,000, Annual capital growth 2.41%, Number of sales 17, Weekly median advertised rent $188

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2040th in the list of Australian suburbs ordered by increase in median house value over the last year, Cowra, 2794 is in the top half with a property value increase of 4.44% recorded in median house prices.

Cowra,2794 has offered an average of 4.44% return per annum in house price rises to property investors over the last three years.

Property buyers and investors in Cowra 2794 should be seeing an average reduction in asking price of around -5.82% . This means that Cowra is holding prices well when compared to other suburbs in NSW.

A $240 per week rent on the median house gives suburb investors a gross yield of circa 5.31%, without taking into account capital value appreciation, which has been averaging out at 2.62%.

Giving property investors a a poor capital gain of -11.03% for the last year, Cowra, 2794 is the 1594th highest performer in Australia in this respect.

A -4.62% growth in median value for property investors in Cowra,2794 puts this suburb at number 528th in terms of best performing suburbs in NSW

On average over the past year, suburb has had 1.42 sales per month, which equates to 17 per year.

Using the current median advertised rental of $187.5 and the average annual increase in value of a median property of 2.41%, investors should hope to achieve an overall return of 7.56%

HOUSE UNIT
$235,000 $129,000
2.17% -7.19%
4.44% -11.03%
2.62% 2.41%
$240 $188
205 17
5.31% 7.56%
100.08 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 9730
Median household income ($/weekly) 787
Median age of persons 44
Median housing loan repayment ($/monthly) 1127
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 1333 13.7
    35-44 years 1127 11.6
    45-54 years 1229 12.6
    55-64 years 1368 14.1
    65-74 years 1103 11.3
    Others 3570 36.7
    Age Group
    Census Count Percent(%)
    Registered Married 3502 50.5
    Not Married 2787 40.2
    Defacto Relationship 641 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 8446 94.0
    Greece 31 0.3
    Papua New Guinea 51 0.6
    United Kingdom 204 2.3
    Other 81 0.9
    Others 173 1.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 32 0.4
    Christianity 7671 87.1
    Hinduism 13 0.1
    Other Religious Groups 17 0.2
    No Religion 1053 12.0
    Others 21 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 431 12.9
    $400-$599 540 16.2
    $600-$799 434 13.0
    $800-$999 378 11.4
    $1,000-$1,249 312 9.4
    Others 1235 37.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3296 45.4
    Employed, worked full-time 2249 31.0
    Employed, worked part-time 1232 17.0
    Unemployed, looking for work 273 3.8
    Employed, away from work 216 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 585 15.8
    Professionals 500 13.5
    Technicians & trades workers 561 15.2
    Clerical & administrative workers 424 11.5
    Labourers 518 14.0
    Others 1108 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 196 9.5
    Infants/Primary 774 37.5
    Secondary 694 33.6
    Technical or Further Educational Institution 271 13.1
    University or other Tertiary Institutions 94 4.6
    Others 35 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8330 93.7
    Semi-detached, row or terrace house, townhouse 211 2.4
    Flat, unit or apartment 276 3.1
    Caravan, cabin, houseboat 27 0.3
    House or flat attached to a shop, office 38 0.4
    Others 7 0.1
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1526 42.2
    Rented 1049 29.0
    Being purchased 1011 27.9
    Other tenure type 34 0.9
    Tenure Type
Census 2011, ABS
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Recent sales & rentals