Corowa at a glance
5,618
People
$495,000
Median sale
$460/wk
Median rent
4.83%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
NSW › Corowa › Federation Ave
$675,000
Last sold
12 May 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
1,012 m²
Land
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$675,000
12 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Corowa (last 5 years) with land size have a median of $593/m² of land (n=103). Districts calculation from recorded sales — not a valuation.
Corowa at a glance
5,618
People
$495,000
Median sale
$460/wk
Median rent
4.83%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Vs Corowa
+36.4%
Median sale
Suburb $495,000
-1.29 pp
Gross yield
Suburb 4.83%
Suburb median $495,000 from 59 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Corowa Local Environmental Plan 2012
Zone
Infrastructure
SP2
Jurisdiction
Federation
Federation, NSW
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
The official layer maps a heritage listed area touching the boundary of this parcel — at the edge, not across it (NSW ePlanning Spatial Viewer, retrieved 31 Aug 2026). Verify the mapped extent against the title before relying on it either way — this is not an all-clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWZoned Infrastructure · SP2 (Corowa Local Environmental Plan 2012). Official parcel area about 1,013 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $460/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Infrastructure · SP2 (Corowa Local Environmental Plan 2012). Official parcel area about 1,013 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 1,013 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Nearby
Area
Corowa at a glance
5,618
People
$495,000
Median sale
$460/wk
Median rent
4.83%
Suburb gross yield
Median sale from 59 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elders Real Estate WodongaRich in period detail, 223 Federation Avenue is simply an outstanding example of Corowa's heritage. The charming weatherboard Victorian façade, with original iron lace and deep return verandahs set the tone for what lies beyond: a beautifully preserved residence where charm and modern lifestyle combine effortlessly.
The generously proportioned bedrooms, each with original fireplaces, open off the central hall that has carefully preserved original floorboards. The front bedrooms feature broad bay windows and stunning pressed metal ceilings. At the rear is a luxuriant updated bathroom in white, with claw footed bath, shower and separate toilet. Comfort is assured with carpeted bedrooms and living spaces, gas heating plus central evaporative cooling
The expansive living space cleverly transitions the older part of the house to a stunning, expansive modern kitchen designed for entertaining. New stone benchtops, a breakfast bar, island bench, walk in pantry and quality appliances merge with stunning blackwood cabinet doors. Oversized windows frame picturesque views across the large cottage-style gardens to the rear, and the generous outdoor dining area.
The historical value of the property is highlighted by the flight of timber steps by the back door leading down to a unique underground cellar (photo available by request), consisting of a full height brick room with fireplace and store rooms, which was formerly the servant's quarters and cool storage room. This space provides the potential buyer with a range of options.
Externally, the wrap-around verandahs and cottage gardens with established trees create a charming, private setting that perfectly complements the home's heritage charm and provides ample spaces for modern entertaining and family living. The outside areas are carefully designed for minimal maintenance, and includes shaded areas for stunning rainforest garden beds.
A huge Colourbond tandem garage offers exciting possibilities as a home workshop or business run from home.
The location is a genuine strength. Positioned adjacent to Sanger Street yet set back on the service road, it is surrounded by a string of heritage homes that establish a commanding street presence. The home enjoys the convenience of being only moments from Corowa's cafés, shopping and essential services, while benefiting from reduced through-traffic and improved accessibility. Also a short stroll away is the riverbank with Corowa's multiple sports facilities, playgrounds, the RSL and moments from schools.
This combination of central positioning and practical access adds to both everyday livability and long-term buyer appeal.
Homes of this caliber, combining period beauty, functional updates and prime positioning, continue to attract strong enquiry within the Corowa market, particularly from buyers seeking something distinctive with presence and long-term appeal.
Listing description written by Tristan Wright, Elders Real Estate Wodonga — reproduced as published, not verified by Districts.