Moama is a mid-sized suburb in New South Wales within the Murray River local government area (postcode 2731). With a population of 7,213, the suburb has a mature demographic with a median age of 49. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Moama is $500,000, having dropped significantly 12.4% over the past year. Units have a median price of $547,000 (+39.5% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,627.
Moama is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 980, which is around the national average of 1,000. Public transport access includes 2 rail stations, 77 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Moama offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($500K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -12.4% year-on-year.
Moama is a mid-sized suburb in New South Wales within the Murray River local government area (postcode 2731). With a population of 7,213, the suburb has a mature demographic with a median age of 49. Households earn a median income of $70K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Moama is $500,000, having dropped significantly 12.4% over the past year. Units have a median price of $547,000 (+39.5% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,627.
Moama is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 980, which is around the national average of 1,000. Public transport access includes 2 rail stations, 77 bus stops. The crime rate in the Murray River LGA is below average at 3,406 incidents per 100,000 population.
From an investment perspective, Moama offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($500K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -12.4% year-on-year.