SOLD
Sold on 07 Aug 2024 for $407,000

79 Sanger Street
Corowa NSW 2646

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 392m2
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Property Details for 79 Sanger St, Corowa

79 Sanger St, Corowa is a 0 bedroom, 0 bathroom House. The property has a land size of 392m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 0 bedroom House sold in Corowa in the last 12 months.

Building Type
House
Land Size
392m2
Local Government
Federation
Lot/Plan
2/DP770150

Last Listing description (October 2024)

The opportunity to secure this blue chip investment in the heart of the Corowa CBD presents itself in this well-appointed building with a modern fitout.

Home to the Hume Bank, the building offers approximately 100m2 of office space and amenities, and rear parking to complement the ample on-street parking on Sanger Street.

Please note that while there is no lease in place, the property is being sold with the Hume Bank committing to a new 3 year lease with a 2 year option with the new owner at $24,750 pa with annual increases, securing your investment to 2027 with options to 2029!

Corowa is a busy regional city on the banks of the Murray River and boasts a steady population of over 5,500 residents. Corowa is the major retail and commercial hub for surrounding towns including Rutherglen, Wahgunyah and Howlong.

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Property History for 79 Sanger St, Corowa, NSW 2646

A timeline of how this property has performed in the market
Last Sold
$407,000
07 Aug 2024
  • 07 Aug 2024
    Sold for $407,000
  • 09 May 2024
    Listed for Sale $410,000
  • 27 Aug 1987
    Sold for $95,000

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About Corowa 2646

The size of Corowa is approximately 77.2 square kilometres. It has 17 parks covering nearly 9% of total area. The population of Corowa in 2011 was 5,604 people. By 2016 the population was 5,495 showing a population decline of 1.9% in the area during that time. The predominant age group in Corowa is 60-69 years. Households in Corowa are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Corowa work in a labourer occupation. In 2011, 71.4% of the homes in Corowa were owner-occupied compared with 70.1% in 2016.

Corowa has 3,793 properties. Over the last 5 years, Houses in Corowa have seen a 98.07% increase in median value, while Units have seen a 100.24% increase. As at 30 November 2024:

  • The median value for Houses in Corowa is $434,474 while the median value for Units is $340,638.
  • Houses have a median rent of $420 while Units have a median rent of $310.
There are currently 6 properties listed for sale, and no properties listed for rent in Corowa on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Corowa.

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