Cowra, NSW

OVERVALUED

9,734 sales · 36 years of data · NSW, Australia

$457,500
Median (All)
$460,970
Median (Houses)
$374,000
Median (Apartments)
7.1%
10yr CAGR
4.0%
36yr CAGR
3.1%
Strata %
36 years of data · 9,734 sales analysed · 2,500+ suburbs · Updated weekly

Cowra, NSW Property Market Overview

Cowra, NSW, postcode 2794, presents a unique study of the regional New South Wales property market. Located in the Central West region of NSW, Cowra has a recorded history of 9,734 property sales over the past 36 years. The current median property price for all dwellings in Cowra sits at $457,500.

Breaking this down, the median house price in Cowra is $460,970, while the median apartment price is $374,000. These figures reflect the blend of housing options available in the area, from traditional houses to more compact apartment living. The long-term performance, measured by Compound Annual Growth Rates (CAGR), gives insights into Cowra's historical price appreciation.

Currently overvalued
Relative to the long-term price trend line
$500K invested 10yr ago → $992,807
Based on the 10-year compound annual growth rate of 7.1%
Predominantly houses3% apartments
97% of sales are houses and other non-strata properties
Loading chart...

Property Mix

97%
Houses 97%$460,970Apartments 3%$374,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Cowra

Street Rankings

Top streets in Cowra, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Vaux StHouse13$595,000
2Berowra StHouse6$560,000
3Keswick StHouse5$520,000
4Evans StHouse6$507,500

... and 373 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Camp RdHouse4$468,750/m²
2Waugoola StHouse4$753/m²
3Kangaroo Flat RdHouse5$190,264/m²
4Railway StHouse4$1,475/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Chapman StHouse+9.3%
2Mulyan StHouse+9.3%
3Waugoola StHouse+9.9%
4Kite StHouse+10.7%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

10
apartment buildings analysed

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

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Risk Indicator

Settlement times & problem streets

45
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

3%
apartments across 10 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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377 streets and 10 buildings to explore

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3 street rankings
All 377 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
10 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 9,734 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Cowra at a Glance

Region
Central West, NSW
CBD Distance
Approximately 310km west of Sydney CBD
Train Station
Cowra Station (NSW TrainLink)
Council
Cowra Shire Council
Property Character
Established residential with rural surroundings
Community
Families and retirees seeking a relaxed lifestyle

Cowra, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Cowra, NSW

Life in Cowra offers a blend of country charm and convenient amenities. Families are drawn to Cowra for its reputable schools, including Cowra High School and Cowra Public School. For everyday shopping needs, residents frequent the Cowra Services Club and local shops scattered throughout the town centre.

Recreational spaces like the Cowra Japanese Garden and Cultural Centre provide beautiful settings for relaxation and community events. Cowra's vibe is generally relaxed and family-friendly, with a strong sense of community spirit. The suburb offers a peaceful lifestyle away from the hustle and bustle of larger cities, while still providing access to essential services and facilities.


Who Buys in Cowra?

The buyer profile in Cowra is diverse, but leans towards families and those seeking a more relaxed lifestyle. The relatively affordable median house price of $460,970 makes Cowra attractive to first home buyers and young families looking for more space. The low strata percentage suggests that buyers in Cowra generally prefer houses over apartments. While the 10-year CAGR of 7.1% may attract some investors, the primary draw of Cowra is its lifestyle and community atmosphere.

Market Analysis

Cowra's property market, as of early 2026, is currently positioned above its long-term trend, indicating that it is in overvalued territory. This assessment is based on AusPropertyInsights.app's proprietary cycle analysis, which considers a range of factors including price movements, sales volumes, and economic indicators.

Being in overvalued territory suggests that prices in Cowra may be higher than what historical trends would predict. This doesn't necessarily mean a price correction is imminent, but it's a factor potential buyers and sellers should be aware of. Market dynamics can shift, and understanding Cowra's position in the cycle is crucial for informed decision-making.


Is Cowra a Good Investment?

Cowra's property market has historically demonstrated consistent growth, as evidenced by its long-term CAGR figures. The 10-year CAGR of 7.1% and the full-period CAGR of 4.0% suggest a stable, albeit not explosive, growth trajectory. These figures reflect the underlying demand for property in Cowra and its attractiveness as a place to live.

However, as of early 2026, Cowra's property market is considered to be above its long-term trend, indicating that it is in overvalued territory. This means that current prices may be inflated compared to historical norms. While past performance is not indicative of future results, these factors provide context for understanding the dynamics of the Cowra property market.


Cowra Market Outlook

As of early 2026, Cowra's property market is above its long-term trend, placing it in overvalued territory. Recent price trends indicate a period of appreciation, driven by factors such as increased demand and limited supply. While the long-term growth prospects for Cowra remain positive, potential buyers and sellers should be aware of the current market conditions. Market dynamics can shift, and staying informed is essential for making sound decisions.

Streets & Location in Cowra, NSW

Cowra, postcode 2794, comprises 377 streets, each contributing to the suburb's overall character. Among these streets, Evans Street, Berowra Street, and Kendal Street stand out with their higher median property prices. Cowra is situated in the Central West region of New South Wales, offering a blend of rural charm and accessible amenities.

Market Dynamics

Market activity in Cowra demonstrates relatively efficient transaction times. The average settlement period for properties in Cowra is 45 days. Data regarding quick-flip percentages is currently unavailable, suggesting limited speculative activity in the Cowra market. The available data provides a snapshot of the turnover and efficiency within the Cowra property market.

Development & Density

Cowra maintains a relatively low apartment density, reflecting its primarily residential character. There are approximately 10 apartment buildings within Cowra, contributing to a strata percentage of 3.1%. This suggests that the majority of properties in Cowra are detached houses, aligning with the traditional Australian preference for standalone dwellings. Development trends in Cowra indicate a focus on maintaining its established residential character.

Growth & Property Mix

Historically, Cowra has demonstrated steady growth in property values. The 10-year Compound Annual Growth Rate (CAGR) stands at 7.1%, while the 20-year CAGR is 4.6%. Over the entire 36-year period of recorded sales, Cowra has achieved a CAGR of 4.0%. The property mix in Cowra leans heavily towards houses, with apartments representing only 3.1% of the total property stock, as indicated by the strata percentage.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Cowra, NSW

What is the median property price in Cowra?
As of early 2026, the median property price for all dwellings in Cowra is $457,500. This breaks down to a median house price of $460,970 and a median apartment price of $374,000, reflecting the mix of housing options available in the area.
Is Cowra overvalued or undervalued?
As of early 2026, Cowra's property market is above its long-term trend, indicating that it is currently in overvalued territory. This assessment is based on a comprehensive analysis of market data and historical trends.
How has the Cowra property market performed over 10 years?
Over the past 10 years, the Cowra property market has demonstrated solid growth, with a Compound Annual Growth Rate (CAGR) of 7.1%. This reflects the consistent demand for property in the area and its attractiveness as a place to live.
What percentage of Cowra is apartments vs houses?
Apartments represent a small portion of the property market in Cowra, with a strata percentage of 3.1%. This indicates that the majority of properties in Cowra are houses, reflecting the suburb's residential character.
Where is Cowra in the property cycle?
Currently, as of early 2026, Cowra's property market is above its long-term trend, signifying that it is in overvalued territory. This position reflects the current market dynamics and historical growth patterns.
What schools are near Cowra?
Cowra offers a range of schooling options, including Cowra High School, a comprehensive public high school, and Cowra Public School, catering to primary school students. These schools serve the educational needs of families in the Cowra region.
What is Cowra like to live in?
Cowra offers a relaxed and friendly lifestyle, characterised by a strong sense of community. The suburb provides a mix of residential areas, parks, and local shops, creating a comfortable and convenient environment for its residents. It's a place where you can escape the hustle and bustle of city life.
Is Cowra good for families?
Cowra is often considered a good place for families, offering a safe and welcoming environment. The presence of schools like Cowra High School and Cowra Public School, combined with parks and recreational facilities, makes it an attractive option for raising children.
How far is Cowra from Sydney CBD?
Cowra is located approximately 310 kilometres west of the Sydney CBD. While it is a considerable distance, it is accessible via major roads like the Mid-Western Highway and by train on the NSW TrainLink network.
What transport options are in Cowra?
Cowra is serviced by NSW TrainLink, providing rail connections to Sydney and other regional centres. Local bus services operate within Cowra, and major roads like the Mid-Western Highway facilitate travel by car. The Cowra Airport also provides access to air travel.
How does Cowra compare to nearby suburbs?
Compared to some nearby suburbs, Cowra often offers more affordable property prices, making it an attractive option for those seeking value. While growth rates may vary, Cowra's steady historical performance suggests a stable market.
Is Cowra a good first home buyer suburb?
Cowra's relatively affordable median house price may make it an attractive option for first home buyers. The availability of houses, as opposed to predominantly apartments, can also appeal to those seeking more space. However, it's essential to consider individual circumstances and conduct thorough research.
What are the best streets in Cowra?
While 'best' is subjective, some of the streets with higher median property prices in Cowra include Evans Street, Berowra Street, and Kendal Street. These streets may offer desirable locations, larger properties, or other attractive features that contribute to their higher values.
How many properties have been sold in Cowra?
Over the past 36 years, a total of 9,734 property sales have been recorded in Cowra. This figure provides an indication of the overall market activity and turnover in the suburb.
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