Corowa is the Murray River's historic border town — a charming Victorian-era agricultural service centre on Lake Mulwala where the extraordinary water sports economy, whisky distillery tourism, and strong pastoral employment create year-round visitor traffic and stable rental demand. Corowa's sub-$390K houses delivering yields above 7% represent exceptional cash-flow fundamentals for investors seeking maximum income from a genuine Murray riverside lifestyle community. At the current $390k median house price, an 80% loan at 6.25% over 30 years is about $1,921 per month.
| Median house price | $390,000 |
|---|---|
| Median unit price | $290,000 |
| Estimated monthly repayment | $1,921 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7% |
| Gross rental yield | 7.2% |
| Typical days on market | 19 |
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