Gurley is a quiet locality in New South Wales within the Moree Plains local government area (postcode 2398). With a population of 248, the suburb has an established demographic with a median age of 42. Households earn a median income of $81K per year, with an average household size of 2.9 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Gurley is $30,000, having dropped significantly 99.7% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 34.7%. The median monthly mortgage repayment is $618.
Public transport access includes 11 bus stops. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Gurley offers a gross rental yield of 34.7%, rated as high yield. Property prices sit below the state median ($30K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved -99.7% year-on-year.
Gurley is a quiet locality in New South Wales within the Moree Plains local government area (postcode 2398). With a population of 248, the suburb has an established demographic with a median age of 42. Households earn a median income of $81K per year, with an average household size of 2.9 people. The most common occupations are managers, labourers, machinery operators & drivers. The top ancestries reported are English, Australian, Scottish.
The median house price in Gurley is $30,000, having dropped significantly 99.7% over the past year. The median weekly rent is $200 (Census 2021). This gives a gross rental yield of approximately 34.7%. The median monthly mortgage repayment is $618.
Public transport access includes 11 bus stops. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Gurley offers a gross rental yield of 34.7%, rated as high yield. Property prices sit below the state median ($30K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 0.4x is considered affordable. House prices have moved -99.7% year-on-year.