What is the true cost of buying an apartment in Cowra?

The median apartment in Cowra is $220,000. Including stamp duty ($5,870), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $25,844, or $2,154/month.

What does it really cost to buy a house in Cowra?

The median house in Cowra is $350,000. True first-year cost including stamp duty ($10,420), rates, insurance, maintenance, and mortgage repayments is approximately $28,090.

What is the vacancy rate in Cowra?

Cowra currently has a vacancy rate of 2.1%. Properties average 75 days on market.

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True Cost of Buying in Cowra

2794 NSW · 310km to CBD

Rising

Market Intelligence

Cowra is a historic regional town in NSW's Central West, located 310km west of Sydney with a population of approximately 10,000. Known for its significant wartime history including the famous Cowra Breakout and POW camp, the town is home to one of the Southern Hemisphere's largest Japanese gardens. The community is strongly agricultural with a stable, mature demographic profile and median age above the NSW average. Property markets offer exceptional affordability with median house prices around $350,000, making it attractive for first-time buyers and investors seeking high rental yields of 6-7%. The town serves as an administrative center for Cowra Shire, featuring comprehensive amenities including Cowra District Hospital, multiple schools, and strong community infrastructure. While transport options are limited with no passenger rail service, the Mid Western Highway provides good road connectivity. The local economy is supported by agriculture, tourism, and regional services, with recent infrastructure upgrades improving water and sewerage systems.

Exceptional property affordability with median house prices under $400,000Strong rental yields of 6-7% due to limited supplyRich historical significance and tourism drawcard with Japanese GardenComprehensive regional services including hospital and schoolsStrong agricultural economy providing employment stability

Market Snapshot

Median House

$350K

+3.2% 1yr

Median Apartment

$220K

+2.8% 1yr

Median Townhouse

$285K

Vacancy Rate

2.1%

75 avg DOM

Yield (Apartment)

6.8%

Yield (House)

6.2%

Auction Clearance

65%

Population

10,200

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$2,154/mo

Purchase Price

$220,000

Stamp Duty

$5,870

1st Year Total

$25,844

House

$2,341/mo

Purchase Price

$350,000

Stamp Duty

$10,420

1st Year Total

$28,090

Townhouse

$2,283/mo

Purchase Price

$285,000

Stamp Duty

$8,145

1st Year Total

$27,392

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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