Corowa (postcode 2646) is a mid-sized suburb in New South Wales within the Federation local government area. It is home to about 5,595 residents, with a mature demographic and a median age of 52. Households earn a median income of $59K per year, with an average household size of 2.1 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, technicians & trades, community & personal service. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are English, Australian, Irish.
Corowa has a median house price of $471,000, which has fallen by 3.9% year-on-year. Units have a median price of $363,000 (+18.9% YoY). The current median weekly rent is $475. This gives a gross rental yield of approximately 5.2%. The median monthly mortgage repayment is $1,213.
Corowa is served by 4 schools, including 3 primary, 1 secondary. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 81 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Federation LGA is below average at 2,715 incidents per 100,000 population.
On the investment side, Corowa shows a gross rental yield of approximately 5.2%, rated as high yield. Property prices sit below the state median ($471K/$1.5M), which can point to relative value. The price-to-income ratio of 8.0x is considered moderate. House prices have moved -3.9% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.