Moorbel is a quiet locality in New South Wales within the Cabonne local government area (postcode 2804). With a population of 251, the suburb has a mature demographic with a median age of 46. Households earn a median income of $86K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Moorbel is $508,000, having surged 88% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,517.
Public transport access includes 13 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Moorbel offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($508K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +88.0% year-on-year.
Moorbel is a quiet locality in New South Wales within the Cabonne local government area (postcode 2804). With a population of 251, the suburb has a mature demographic with a median age of 46. Households earn a median income of $86K per year, with an average household size of 2.6 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are Australian, English, Irish.
The median house price in Moorbel is $508,000, having surged 88% over the past year. The current median weekly rent is $500. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,517.
Public transport access includes 13 bus stops. The crime rate in the Cabonne LGA is low at 1,856 incidents per 100,000 population.
From an investment perspective, Moorbel offers a gross rental yield of 5.1%, rated as high yield. Property prices sit below the state median ($508K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +88.0% year-on-year.