Corowa vs Gundagai
Property investment comparison - Corowa, NSW 2646 vs Gundagai, NSW 2722
Head-to-head across core investment metrics: Corowa wins 2, Gundagai wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Corowa | Gundagai |
|---|---|---|
| Median house price | $490K | $485K |
| Median unit price | $375K | - |
| Gross rental yield (houses) | - | 4.89% |
| Gross rental yield (units) | - | 5.45% |
| 1-year house growth | +5.6% | +0.7%estimate |
| 3-year house growth | +16.7% | - |
| Vacancy rate | 0.9% | 1.2% |
| Population | 5,595 | 1,699 |
Corowa vs Gundagai: what the numbers say
The median house price is $490K in Corowa and $485K in Gundagai, so Gundagai is the cheaper entry point, with Corowa houses about 1% dearer.
Over the past year house prices moved +5.6% in Corowa and +0.7% in Gundagai (an estimate), so recent momentum favours Corowa, although both suburbs recorded growth.
Rental vacancy is 0.9% in Corowa and 1.2% in Gundagai, so landlords in Corowa face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Corowa is the bigger suburb, with a population of 5,595 against 1,699, roughly 3.3 times the size of Gundagai; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Gundagai for a lower purchase price, Corowa for recent price momentum, Corowa for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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