What is the true cost of buying an apartment in Moree?

The median apartment in Moree is $165,000. Including stamp duty ($3,945), strata, council rates, insurance, and mortgage repayments, the true first-year cost is approximately $22,508, or $1,876/month.

What does it really cost to buy a house in Moree?

The median house in Moree is $240,000. True first-year cost including stamp duty ($6,570), rates, insurance, maintenance, and mortgage repayments is approximately $20,868.

What is the vacancy rate in Moree?

Moree currently has a vacancy rate of 1.8%. Properties average 65 days on market.

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True Cost of Buying in Moree

2400 NSW · 460km to CBD

Stable

Market Intelligence

Moree is a regional agricultural hub in northwestern NSW, approximately 460km from Sydney, renowned for its natural artesian hot springs and role as a service center for the surrounding farming region. The town maintains a stable population of around 9,000 residents with a significant Aboriginal and Torres Strait Islander community. Connected by the Newell Highway and rail services to Sydney and Brisbane, Moree offers affordable housing with median house prices around $240,000. The local economy is primarily driven by agriculture, cotton farming, and tourism related to the famous hot springs. While the property market remains affordable and shows resilience, it faces challenges from population decline trends and limited economic diversification. The town provides essential regional services including healthcare, education, and recreational facilities, making it an important center for the broader Moree Plains Shire region.

Natural artesian hot springs attracting tourismStrategic location on major Newell Highway freight routeStrong agricultural economy with cotton and grain productionAffordable property market with good rental yieldsEstablished transport links including rail to Sydney and Brisbane

Market Snapshot

Median House

$240K

+3.2% 1yr

Median Apartment

$165K

+2.8% 1yr

Median Townhouse

—

Vacancy Rate

1.8%

65 avg DOM

Yield (Apartment)

6.1%

Yield (House)

5.2%

Auction Clearance

55%

Population

9,200

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$1,876/mo

Purchase Price

$165,000

Stamp Duty

$3,945

1st Year Total

$22,508

House

$1,739/mo

Purchase Price

$240,000

Stamp Duty

$6,570

1st Year Total

$20,868

Run Your Own Numbers

These are median figures. Plug in the actual property you're looking at to see your real all-in cost — including first-home concessions, investment deductions, or different deposit amounts.

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