Cowra (postcode 2794) is a settled mid-to-large suburb in New South Wales within the Cowra local government area. The area has roughly 10,145 residents and an older-leaning population, with a median age of 46. Households earn a median income of $58K per year, with an average household size of 2.3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. NSW employment has moved +1.2% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. NSW also had 35 Commonwealth-backed major projects under construction, 17 underway, and 67 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, labourers, community & personal service. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Irish.
The median house price in Cowra is $500,000, having posted strong gains by 9.9% over the past year. Units have a median price of $328,000 (+31.2% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,235.
Cowra is served by 7 schools, including 4 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 909, which is below the national average of 1,000. Public transport access includes 14 rail stations, 348 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Cowra LGA is moderate at 4,992 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 4.2%, which reads as moderate yield. Property prices sit below the state median ($500K/$1.5M), which can point to relative value. The price-to-income ratio of 8.7x is considered moderate. House prices have moved +9.9% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.