Over the last year, property investments in Corowa, 2646 have given investors a capital gain of 10.64%. This compares very favourably with the -2.98% for NSW as a whole.
Corowa,2646 has offered an average of 10.64% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Corowa is offering property investors an average of -7.19. This rate of discount on properties puts Suburb at number 639th in terms of most discounted suburbs in NSW
At number 2391 in a list of fastest selling suburbs, Corowa is in the bottom 40% of suburbs in Australia with an average of days on market 90.8272 for properties listed there.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.60%, without taking into account capital value appreciation, which has been averaging out at 3.47%.
Corowa is in the TOP 10% in NSW when comparing median price capital growth over the last year. Corowa gave property investors a very good capital gain figure when compared to the rest of the state, with 8.57%.
Corowa,2646 was ranked 1331 in Australia by increase in median property value over the quarter.
Corowa, 2646’s gross rental yield is 5.85%