OA Logo Green
search icon

Get a property report and suburb profile for any property in Canowindra

Join the 2 million Australians* who use our services every year.

Geo Page

Canowindra suburb profile

Canowindra is a charming rural town in the Central West region of New South Wales, known for its rich history and vibrant community spirit. Nestled along the banks of the Belubula River, it offers a picturesque setting with rolling hills and fertile farmland. The town is famous for its heritage-listed main street, featuring beautifully preserved buildings and a unique curved layout. Canowindra is also renowned for its annual hot air balloon festival, attracting visitors from far and wide. With a strong agricultural base, boutique wineries, and a welcoming atmosphere, Canowindra provides a peaceful yet engaging lifestyle.

Canowindra property market performance

Canowindra’s property market has remained relatively stagnant over the past 12 months, with no change in median house or unit values. The median house price and unit price both stand at $0, indicating a lack of significant market activity. Only three houses have been sold in the past year, and no units have been transacted, reflecting limited sales activity in the area.

Houses in Canowindra are spending a considerable amount of time on the market, with a median of 76 days, suggesting a slow-moving market. The unit market remains inactive, with no sales recorded in the past three months.

Despite the stagnant property values, the rental market for houses has seen a notable increase, with average rent rising by 18.8% over the last 12 months to $475. The unit rental market remains inactive, with no recorded changes.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-19.2%N/A
Sold
Past 3 months
1N/A
Median days on market
Past 12 months
44N/A
Average rent
Past 12 months
$475N/A
Change in rent
Past 12 months
18.8%N/A

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Canowindra demographics

Canowindra, a charming rural town in New South Wales, is renowned for its rich history, picturesque landscapes, and vibrant community spirit. With a population of 2,437, it offers a serene lifestyle away from the hustle and bustle of city life. The median age of 48 indicates a mature community, with many residents enjoying the tranquility and slower pace that Canowindra provides. This makes it an attractive location for retirees and those seeking a peaceful environment.

The town's housing market reflects its stable and settled nature, with nearly half of the properties owned outright, highlighting a strong sense of permanence among its residents. Additionally, 28.2% of homes are owned with a mortgage, while 23% are rented, offering a balanced mix of ownership options. The median total household income of $1,099 per week suggests a modest yet comfortable living standard, typical of rural Australian communities.

Family life in Canowindra is diverse, with couple families without children making up 48% of the population, followed by couple families with children at 35.3%. One-parent families account for 15.8%, reflecting a supportive community environment. The town's economy is primarily driven by agriculture, with local businesses and tourism also playing significant roles. Canowindra's annual hot air balloon festival is a highlight, attracting visitors and adding to the town's unique charm. Overall, Canowindra offers a welcoming and relaxed lifestyle, ideal for those looking to escape urban pressures and enjoy the beauty of rural Australia.

Suburbs near Canowindra

Some popular suburbs near Canowindra include:

  • Cargo: Known for its rural charm and agricultural landscape, Cargo is located to the southeast of Canowindra.
  • Gooloogong: A small village with a rich history and community spirit, Gooloogong lies to the northeast of Canowindra.
  • Woodstock: Featuring a peaceful rural setting and historic buildings, Woodstock is situated to the south of Canowindra.
  • Cowra: Known for its beautiful gardens and historical significance, Cowra is located to the southwest of Canowindra.
  • Eugowra: A quaint town with a strong sense of community and scenic views, Eugowra is situated to the northwest of Canowindra.

How does Canowindra compare to nearby suburbs?

  • Median house prices: Canowindra’s median house price is 6.4% higher than Cowra’s.
  • House price growth: Property prices in nearby Cowra have risen 23.4% more than in Canowindra over the past year.
  • Selling speed for houses: Properties in Canowindra are selling 13.7% faster than in Woodstock.

Choose the right real estate agents in Canowindra

Choosing the right real estate agent in Canowindra can have a big impact on your sale. While there are 13 real estate agents working in the suburb, but just 5 of them were responsible for 77.1% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 2% to 3.25%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

Geo Page

Get a head start and compare top local agents in Canowindra

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
Get a free property reporticon right chevron
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
Get a comparative estimateicon right chevron
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.
Understand your local marketicon right chevron