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

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

Geo Page

Corryong suburb profile

Corryong is a picturesque town located in Victoria's Upper Murray region, renowned for its stunning natural landscapes and rich pioneering history. Nestled near the foothills of the Snowy Mountains, Corryong offers a serene rural lifestyle with a strong sense of community. The town is famous for the Man from Snowy River Bush Festival, celebrating its connection to the legendary poem. Outdoor enthusiasts are drawn to the area for activities such as hiking, fishing, and exploring the nearby national parks. With its charming local shops, cafes, and welcoming atmosphere, Corryong provides a peaceful retreat for residents and visitors alike.

Corryong property market performance

Corryong’s property market has shown limited activity over the past 12 months. House values have increased by 4.1%, although the median house price remains at $0, indicating a lack of significant transactions or data. No units have been sold, and their median value change is stagnant at 0%.

Sales activity is minimal, with only 5 houses sold in the past 12 months and no units. Houses have a median time on market of 41 days, reflecting a moderate pace of sales given the limited data available.

The rental market in Corryong has not experienced any changes over the last 12 months, with both house and unit rents remaining at $0, suggesting a lack of rental data or activity in the area.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
4.1%N/A
Sold
Past 3 months
5N/A
Median days on market
Past 12 months
41N/A
Average rent
Past 12 months
N/AN/A
Change in rent
Past 12 months
N/AN/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

Corryong demographics

Corryong, nestled in the picturesque Upper Murray region of Victoria, is a charming rural town known for its close-knit community and stunning natural surroundings. With a population of 1,352, Corryong offers a tranquil lifestyle, attracting those who appreciate the serenity of country living. The median age of 52 indicates a mature population, with many residents enjoying the slower pace and community-oriented atmosphere that the town provides.

The town's housing landscape is characterized by a high rate of outright home ownership, with nearly half of the properties owned outright. This reflects a stable community with long-term residents who have established roots in the area. Additionally, 27.4% of properties are owned with a mortgage, while 23.4% are rented, offering a mix of housing options for both established families and newcomers.

Family life in Corryong is predominantly composed of couple families without children, making up 56% of the family structure, while couple families with children account for 30.1%. The presence of one-parent families is relatively low at 12.3%, and other family types are minimal. The town's modest median household income of $988 per week reflects its rural setting, where the cost of living is generally lower than in urban areas. Corryong's appeal lies in its community spirit, natural beauty, and the opportunity for a peaceful lifestyle away from the hustle and bustle of city life.

Corryong infrastructure, key developments and investment opportunities

Corryong is a small regional town with no major new transport, school, or large-scale redevelopment projects identified in the current results. That means the local property market is likely to be influenced more by existing lifestyle appeal, limited housing stock, and steady regional demand than by major new infrastructure.

The town’s established amenities, including local services, a neighbourhood house, and its airport, support day-to-day livability, while its position near the Murray River and the New South Wales border adds to its long-term appeal. With no significant developments currently standing out, buyer interest is likely to remain driven by affordability, regional convenience, and the area’s quiet rural character.

Corryong rental market trends

The rental market in Corryong has remained stable over the past year, with no change in house or unit rents, both maintaining a median rent of $0 per week. This indicates a potentially limited rental market or data availability in the area, suggesting a need for further analysis to understand the local housing dynamics.

Suburbs near Corryong

Some popular suburbs near Corryong include:

How does Corryong compare to nearby suburbs?

  • House price growth: Property prices in nearby Tallangatta have risen 1.3% more than in Corryong over the past year.
  • Selling speed for houses: Properties in nearby Tallangatta are selling 22.0% faster than in Corryong.

Common questions about Corryong

  • Is Corryong a nice place to live?

    Corryong is a delightful rural town that offers a peaceful and serene lifestyle, making it a lovely place to live for those who cherish the tranquility of country living. Known for its breathtaking natural beauty and a strong sense of community, Corryong provides a welcoming environment where residents can enjoy a slower pace of life. The town's charming local shops and cafes contribute to its warm and inviting atmosphere, making it a pleasant place for families to settle down.

    Families will find Corryong to be a supportive and safe environment, with a community-oriented vibe that fosters strong connections among residents. While the town may not boast the bustling nightlife or extensive amenities of a larger city, it compensates with its proximity to nature and outdoor activities. The nearby national parks offer ample opportunities for hiking, fishing, and exploring, making it an ideal location for nature enthusiasts and those seeking an active lifestyle.

    One trade-off of living in Corryong is the limited availability of new infrastructure and large-scale developments, which means that residents may need to travel to access certain amenities or services. However, this also means that the town retains its charming rural character and affordability, appealing to those who value a quiet and stable community. Overall, Corryong is a wonderful place to live for families and individuals who appreciate a peaceful, community-focused lifestyle surrounded by stunning natural landscapes.

    Down Pointer
  • Is it expensive to live in Corryong?

    Living in Corryong, a charming regional town in Victoria, offers a unique lifestyle that is quite different from the bustling city life. However, when it comes to the cost of living, it's a bit of a mystery due to the lack of specific property and rental data. The median total household income in Corryong is $988 per week, which is notably lower than the average full-time wage in Victoria, sitting at around $105,000 per year.

    Without clear data on housing prices and rental costs, it's challenging to determine precisely how expensive it is to live in Corryong. However, given the regional setting, it's reasonable to assume that the cost of living might be more affordable compared to urban areas in Victoria. This could be a great advantage if you're looking for a quieter, potentially more budget-friendly lifestyle.

    Overall, while Corryong may not have the same level of amenities and job opportunities as larger cities, it could offer a more economical living situation, especially if you are earning close to the state average wage. It's essential to consider personal financial circumstances and lifestyle preferences when evaluating the cost of living in this picturesque part of Victoria.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
    Down Pointer
  • Is Corryong a good place to invest?

    Corryong presents a unique investment opportunity for those looking to explore regional areas with potential for steady growth. Over the past 12 months, the suburb has experienced a 4.1% increase in median house values, indicating a positive trend in property appreciation. While the median unit values and rental prices for both houses and units have remained stable, this stability can be appealing for investors seeking a low-risk environment.

    The charm of Corryong lies in its picturesque setting and community-focused lifestyle, which can attract long-term residents and renters who appreciate the tranquility of regional living. Although the rental market hasn't seen significant changes recently, the steady house value growth suggests a resilient property market that could offer gradual appreciation over time.

    For investors interested in regional areas, Corryong's consistent house value growth and stable rental market make it a worthwhile consideration. The suburb's appeal to those seeking a peaceful lifestyle could lead to increased demand in the future, potentially enhancing its investment prospects. Overall, Corryong offers a stable and promising option for those looking to invest in regional real estate.

    Down Pointer

Choose the right real estate agents in Corryong

In Corryong ,7 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 92.3% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2% and 3.13%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.