Question 1

Is Moree a nice place to live?

Accepted Answer

Moree is a rural service town in north-west New South Wales on the Mehi River, known for its artesian hot springs and as a hub for cotton and broadacre farming. It pairs a compact main street of shops and cafes with wide residential streets of weatherboard cottages, post-war brick homes and larger rural blocks on the outskirts. Residents include farming families, regional workers and a strong Indigenous community; the population is 8,962 with a median age of 38.

Local life centres on agricultural shows, sporting clubs and the thermal baths, and the town has schools, a regional health service and road and rail links to other inland centres. Several council and state-led projects are under way, including a hospital redevelopment, a long-term rebuild of the artesian aquatic centre with plans for a 50-metre pool, and a Special Activation Precinct; freight and roads remain a focus. Whether Moree suits you depends on if you want a regional service town shaped by agriculture and community amenities.

Question 2

Is it expensive to live in Moree?

Accepted Answer

In Moree, buying a house sits at about 3.9 times a typical local household's annual income as recorded at the most recent Census. That comes from a median house price of $317,500 and an annual household income of $81,900 (weekly household income $1,575 × 52). For renters, the average house rent of $420 a week would take about 26.7% of a typical local household's weekly income at the last Census, a moderate share, while the average unit rent of $300 a week would take about 19.0%, a modest share. Whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Moree a good place to invest?

Accepted Answer

The clearest movement in Moree over the past 12 months is a strong rise in house values, which climbed 12.7%. House rents rose 5.0% over the same period, a solid increase, while unit rents increased 7.1%, also a solid rise. Put simply, capital growth for houses outpaced rental growth this year, and unit rents grew faster than house rents. If capital growth is your primary goal the house figures are the standout; if rental income matters more, the unit rent movement is the more relevant number. Whether that balance suits your needs depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$318K	N/A
Change in value Past 12 months	12.7%	N/A
Sold Past 3 months	40	N/A
Median days on market Past 12 months	87	N/A
Average rent Past 12 months	$420	$300
Change in rent Past 12 months	5.0%	7.1%

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