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.

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 3,785 properties. Over the last 5 years, Houses in Corowa have seen a 95.99% increase in median value, while Units have seen a 107.37% increase. As at 31 October 2024:

  • The median value for Houses in Corowa is $430,721 while the median value for Units is $343,709.
  • Houses have a median rent of $420 while Units have a median rent of $320.
There are currently 7 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.

Suburb Insights for Corowa 2646

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.