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Corowa, NSW 2646

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong GrowthWalkable

Median House

$490,000

market range $450K-$575K

Median Unit

$375,000

market range $325K-$400K

Gross Yield

-

1yr Growth (houses)

+5.6%

market range +0.0% to +12.5%

Investment snapshot for Corowa

Corowa has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Corowa market and investor summary

In Corowa, NSW 2646, the median house sells for around $490K. House prices have moved +5.6% over the past year and +16.7% over three years. At 0.9% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.9% and a resident base that is not shrinking.

Living in Corowa: people, income and schools

Corowa has a resident population of roughly 5,595, a number that has held fairly steady over five years. At a median age of 52, it reads as an older, established demographic, and 73% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $59,000 a year (about $1,130 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (3 out of 10). At current prices a median house runs to about 8.3 times local household income, in line with much of metropolitan Australia. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.

Families have 5 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Most day-to-day errands are doable on foot; the suburb scores 73 for walkability and 4 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
5,595
+2% over 5yr
Median age
52 years
Median household income
$59,000/yr
Households renting
24%
Family households
62%
Socio-economic rank
3/10
ABS advantage index
Schools within 5km
5
avg ICSEA 984
Unemployment
4.1%
Walk score
73/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Corowa

No properties currently listed in Corowa

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Frequently asked questions about Corowa

What should I check before investing in Corowa?

Corowa has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +5.6% in the past year shows positive recent price momentum. Tight rental market (0.9% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Corowa?

The median property price in Corowa, NSW 2646 is $490K for houses and $375K for units.

What does recent house price growth show for Corowa?

House prices in Corowa are up 5.6% over the past year and up 16.7% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Corowa?

The current vacancy rate in Corowa is 0.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Corowa?

Corowa has a population of approximately 5,595 residents, with a median age of 52.

What schools are near Corowa?

There are 5 schools within roughly 5km of Corowa. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Corowa affordable to buy in?

A median house in Corowa costs about 8.3 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Corowa's population growing?

The population of Corowa has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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