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

A decision, not just a search · Moree

Does the lower estimated monthly cost make a property the better buy?

Only under the assumptions entered—and cost is not the whole decision. This model compares scenarios, not lender approval, building condition or personal suitability. Replace defaults with current quotes and documents, then test whether the cost remains manageable when circumstances change.

Questions that could change the answer

Which costs are current supplied figures, and which are model defaults?
What happens to your buffer if interest, repairs or vacancy costs rise?
What finance, contract or inspection condition remains unresolved before an offer?

Evidence to obtain—not yet verified here

Current lender terms and approval conditions, not only a borrowing estimate.
Dated levy notices, rates, insurance quotes and maintenance information.
Contract advice, inspection findings and comparable sales evidence.

Other options: Lower the price limit, compare another property or wait for critical checks. A favourable model result is not a recommendation to make an unconditional offer.

Next action: Re-run the existing calculator with documented inputs, then agree your conditions and walk-away point with the relevant professionals.

When to revisit: Revisit when any input, approval condition, price or property finding changes.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

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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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