Moorbel is a small, quiet locality in New South Wales within the Cabonne local government area (postcode 2804). The area has roughly 251 residents and a settled, mature resident base, with a median age of 46. Households earn a median income of $86K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.0% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, labourers. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Irish.
The median house price in Moorbel is $508,000, having declined steeply by 12.9% over the past year. The current median weekly rent is $375. This gives a gross rental yield of approximately 3.8%. 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 1,859 incidents per 100,000 population.
On the investment side, Moorbel shows a gross rental yield of approximately 3.8%, rated as moderate yield. Property prices sit below the state median ($508K/$1.5M), which can point to relative value. The price-to-income ratio of 5.9x is considered affordable. House prices have moved -12.9% year-on-year. Population growth of +0.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.