Moree is a mid-sized suburb in New South Wales within the Moree Plains local government area (postcode 2400). With a population of 8,962, the suburb has an established demographic with a median age of 38. Households earn a median income of $82K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Moree is $358,000, having grown strongly 6.7% over the past year. Units have a median price of $360,000 (+5900% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,326.
Moree is served by 7 schools, including 3 primary, 1 secondary, 2 combined, 1 special. The average ICSEA score is 858, which is well below the national average of 1,000. Public transport access includes 1 rail station, 154 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Moree offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($358K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +6.7% year-on-year.
Moree is a mid-sized suburb in New South Wales within the Moree Plains local government area (postcode 2400). With a population of 8,962, the suburb has an established demographic with a median age of 38. Households earn a median income of $82K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Moree is $358,000, having grown strongly 6.7% over the past year. Units have a median price of $360,000 (+5900% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 5.8%. The median monthly mortgage repayment is $1,326.
Moree is served by 7 schools, including 3 primary, 1 secondary, 2 combined, 1 special. The average ICSEA score is 858, which is well below the national average of 1,000. Public transport access includes 1 rail station, 154 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Moree Plains LGA is higher than average at 13,538 incidents per 100,000 population.
From an investment perspective, Moree offers a gross rental yield of 5.8%, rated as high yield. Property prices sit below the state median ($358K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 4.4x is considered affordable. House prices have moved +6.7% year-on-year.