AREA REPORTS

Moree

NSW/
Moree

Suburb Profile

Moree - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2400

house
unit

Property investors enjoyed capital gains of 9.71% over the last 12 months in MOREE, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 3.16% growth over a ten-year period. It ranks 2316th on our list of suburbs that property investors should look into.

MOREE, 2400 has a capital gain of 9.71% for the past year, which is higher than average compared to its 11.11% growth within a five-year period.

With the median home price in MOREE sitting at $240,000, and the average rent at $285, property owners could potentially earn a 6.18% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in MOREE are high, as opposed to average gains per annum over the past five years.

MOREE, 2400 in NSW belongs to the local government area of Moree Plains.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $240,000 $215,000
GROWTH REPORT
Median Quarterly 4.8% 34.38%
Median 12 month 9.71% 44.3%
Median 3 years -4% 79.17%
Median 5 years 11.11% N/A
10 years average annual 3.16% N/A
Weekly media advert. rent $285 $240
Time on Market 142.0 days 0.0 days
Gross Rental Yield Percent 6.18% 5.8%
demographics (median values)
Total Population
9728
Weekly Household Income
969.1
Household Size
2.60
demographics
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