Property value increases in Corowa have tracked lower than the NSW average of 11.67% over the last 12 months.
Across a shorter period, Corowa, 2646 has seen a median price increase of 3.49% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Corowa, 2646. Typically our figures indicate that -4.90% is being offered, which puts this NSW suburb at 396th most discounted overall in Australia.
On average over the past year, suburb has had 9.67 sales per month, which equates to 116 per year.
Property investors should expect to get $235 weekly from the median priced house in this suburb.
At number 38th in the list of Australian suburbs ordered by increase in median house value over the last year, Corowa, 2646 is in the top 10% with a property value increase of 32.86% recorded in median house prices.
While Corowa,2646 ranked number 6th in NSW for increase in median house value (annualised) increase, it is ranked 481th over the last 5 years.
Using the current median advertised rental of $180 and the average annual increase in value of a median property of 1.59%, investors should hope to achieve an overall return of 5.03%