Monday,
22 September 2025
Strong growth and tight vacancies mark Cowra and Canowindra real estate

The past 12 months have seen steady growth and strong demand across both the Cowra and Canowindra real estate markets for Agri Rural, with rising capital growth, low rental vacancy rates, and increasing interest from both local and out-of-area buyers.

Cowra Real Estate Market (Sept 2024 – Sept 2025)

Residential

Median house price: $455,000–$465,000

Around 196–200 sales recorded over the year

Average days on market: 66

Key demand segment: 3–4 bedroom homes priced between $400,000–$500,000

Commercial

10–15 properties sold

Prices ranging between $200,000–$1.5 million

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Focus areas: CBD retail, office space, and light industrial properties

Lifestyle & Larger Rural

Lifestyle properties (5–50 acres): 20–30 sales between $500,000–$1.2 million

Larger rural properties (100+ acres): 10–15 sales ranging from $1–$3 million

Strong demand for irrigated farmland near the Lachlan River

Early in the year, dry conditions slowed the market, but good rainfall, reduced interest rates, and high livestock prices boosted buyer demand and prices.

Capital Growth & Rentals

Houses: 13.75%–17.7% growth

Units: around 10% growth

Rental vacancy rate: 0.37%–0.49%

Median weekly rent: $385 for houses, yielding about 5%

Purchaser Demographics

60–70% local and regional buyers

30–40% from outside the area (mainly Sydney and interstate)

25–30% investors, attracted by yields and affordability

Canowindra Real Estate Market (Sept 2024 – Sept 2025)

Residential

Median house price: $495,000–$497,500

46 sales completed over the year

Strong demand for 3–4 bedroom homes priced between $450,000–$550,000

Commercial

5–10 properties sold

Price range: $150,000–$800,000

Focused on small retail and tourism-related businesses

Lifestyle & Larger Rural

Lifestyle properties (5–100 acres): 15–25 sales between $600,000–$1.5 million

Larger rural properties (100+ acres): 8–12 sales, priced $1.2–$2.5 million

There is also a high demand for equestrian land, viticulture blocks, and grazing country.

Similar to Cowra, conditions improved dramatically mid-year with rainfall, interest rate cuts, and strong livestock markets driving up demand and sales prices.

Capital Growth & Rentals

Houses: 11.2%–17.86% growth

Rental vacancy rate: ~0.4%–0.5%

Median weekly rent: $380 for houses, with yields between 3.99%–5.27%

Purchaser Demographics

65–75% local and regional buyers

25–35% from out-of-area (Sydney and some Melbourne interest)

Growing number of investors, encouraged by stable yields and affordable entry points

Both Cowra and Canowindra markets remain resilient, supported by affordability, strong regional appeal, and lifestyle opportunities.

Low vacancy rates continue to drive rental demand, while ongoing buyer interest from outside the region highlights the growing attraction of country living.

However, with stock shortages expected, sales volumes may remain limited in 2025 despite ongoing buyer appetite.