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Moree suburb profile

Moree is a vibrant regional town in northern New South Wales, renowned for its rich agricultural heritage and natural artesian hot springs. Situated on the banks of the Mehi River, Moree serves as a key service hub for the surrounding farming communities, particularly known for cotton and grain production. The town offers a blend of historic architecture and modern amenities, with a strong focus on community and cultural events. Moree's artesian baths attract visitors seeking relaxation and therapeutic benefits, while its diverse local economy and welcoming atmosphere make it a vital part of the region's landscape.

Moree property market performance

Moree’s property market has exhibited notable growth over the past 12 months, with house values rising by an impressive 23.7%. The current median house price stands at $380,000, indicating strong demand in the area. The unit market remains limited, with negligible sales activity.

In terms of sales activity, 44 houses were sold, reflecting steady movement, although houses are taking about 90 days on average to sell. Unit sales are minimal, with just 2 units sold, indicating limited market presence.

The rental market for houses in Moree has remained stable, with no change in average rent over the past year at $400. However, unit rents have seen a modest increase of 7.1%, bringing the average rent to $300.

HousesUnits
Median price
Past 3 months
$380KN/A
Change in value
Past 12 months
23.7%N/A
Sold
Past 3 months
442
Median days on market
Past 12 months
90N/A
Average rent
Past 12 months
$400$300
Change in rent
Past 12 months
N/A7.1%

5 year median price trend for houses and units

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Moree demographics

Moree, located in northern New South Wales, is a regional town known for its rich agricultural heritage and natural artesian hot springs. With a population of 8,962, Moree offers a blend of rural charm and community spirit, making it an attractive place for families and individuals seeking a quieter lifestyle. The median age of 38 suggests a balanced mix of young families, working professionals, and older residents who appreciate the town's relaxed pace and community-focused environment.

The housing landscape in Moree is diverse, with a significant portion of properties being owned outright (32.5%) or with a mortgage (27.6%), indicating a stable homeownership market. Additionally, nearly 40% of properties are rented, providing flexibility for those who prefer not to commit to homeownership. This mix of ownership and rental options caters to a variety of lifestyles and financial situations, from long-term residents to newcomers exploring the region's opportunities.

Family dynamics in Moree are varied, with couple families with children making up 36.7% of the population, while couple families without children account for 40.6%. One-parent families represent 20.3%, reflecting a supportive community environment for diverse family structures. The town's economy is largely driven by agriculture, with cotton and wheat being major industries, providing employment opportunities and contributing to the local economy. Moree's unique combination of natural beauty, community spirit, and economic potential makes it a compelling choice for those seeking a balanced and fulfilling lifestyle.

Moree infrastructure, key developments and investment opportunities

Moree’s role as a major agricultural and service centre continues to underpin local employment, with ongoing investment in cotton, grain and related agribusinesses supporting housing demand and rental stability.[1][3] The town’s reputation as Australia’s artesian spa capital, centred on its well-known hot-spring baths and visitor facilities, remains a key driver of tourism, helping to sustain local retail and hospitality businesses that contribute to property market resilience.[1][3][5]

Improved renewable energy and agritech initiatives in the wider region, including a proposed green hydrogen and renewable ammonia project supported by the NSW government near Moree, signal longer-term economic diversification that may bolster buyer and investor confidence.[6] Moree also retains strong access links via the Newell and Gwydir Highways and daily regional train and air services, which enhance connectivity for workers and businesses and support the town’s attractiveness as a regional hub for surrounding rural communities.[1][3]

Moree rental market trends

The rental market in Moree shows stability, with house rents remaining steady over the past year at $400 per week. In contrast, unit rents have seen a rise of 7.1% to $300 per week. This steady housing market and rising demand for units make Moree a consistent choice for renters seeking affordability with a touch of growth potential in a regional setting.

Suburbs near Moree

Some popular suburbs near Moree include:

How does Moree compare to nearby suburbs?

  • Median house prices: Moree’s median house price is 26.7% higher than Wee Waa’s.
  • House price growth: Over the past 12 months, house prices in Moree have grown 13.0% higher than in Warialda.
  • Selling speed for houses: Properties in Moree are selling 13.5% faster than in Warialda.

Common questions about Moree

  • Is Moree a nice place to live?

    Moree is a charming and vibrant place to live, offering a unique blend of rural charm and modern conveniences. Nestled on the banks of the Mehi River, this delightful town is known for its welcoming community and relaxed lifestyle, making it an appealing choice for families and individuals alike. The town's strong sense of community is evident in its numerous cultural events and activities, providing a lively and engaging atmosphere for residents. Moree's proximity to essential amenities, including schools, shops, and healthcare facilities, ensures that families have everything they need within easy reach.

    Safety is generally not a major concern in Moree, with the town offering a peaceful environment that is ideal for raising a family. The abundance of green spaces and parks provides ample opportunities for outdoor activities and relaxation, while the famous artesian hot springs offer a unique and therapeutic experience for residents and visitors. The town's vibrant local economy, driven by agriculture and supported by emerging renewable energy projects, provides diverse employment opportunities and contributes to a stable housing market.

    However, living in Moree does come with some trade-offs. While the town offers a quieter lifestyle, it may lack the bustling nightlife and entertainment options found in larger cities. Additionally, those seeking a fast-paced urban environment may find Moree's relaxed pace less appealing. Despite these trade-offs, Moree's strong community spirit, natural beauty, and economic potential make it a compelling choice for those seeking a balanced and fulfilling lifestyle in a regional setting.

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  • Is it expensive to live in Moree?

    Living in Moree can be quite affordable, especially when compared to the broader New South Wales region. The median house price in Moree is currently around $380,000, which is significantly lower than what you might find in many other parts of the state. This makes buying a home in Moree a more accessible option for many families and individuals.

    When it comes to renting, Moree also offers reasonable rates. The average rent for houses is about $400 per week, while units are even more affordable at around $300 per week. These figures are quite manageable, especially when you consider that the median total household income in Moree is $1,575 per week. In contrast, the average full-time wage in New South Wales is approximately $108,000 per year, suggesting that Moree residents may have a bit more room in their budgets compared to those living in more expensive areas.

    Overall, Moree provides a cost-effective living option with its lower property prices and rental rates, making it a viable choice for those looking to balance affordability with the benefits of living in a regional town. If you're thinking of living in Moree, it's worth considering the financial advantages it offers compared to more urbanized parts of New South Wales.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Moree a good place to invest?

    Moree presents an intriguing opportunity for property investors, especially those looking for significant capital growth in the housing market. Over the past year, the suburb has experienced a remarkable 23.7% increase in median house values, indicating strong demand and potential for future appreciation. This impressive growth suggests that Moree is becoming increasingly attractive to buyers, possibly due to its regional appeal and affordability compared to larger urban areas.

    While the median unit values have remained stable, the rental market for units has seen a 7.1% increase, highlighting a growing demand for rental properties. This could be appealing for investors seeking reliable rental income, as the rental market appears to be strengthening. Although house rents have not changed over the past year, the substantial rise in house values suggests that there could be future potential for rental growth as the market continues to evolve.

    Overall, Moree offers a promising investment landscape, particularly for those interested in capital growth through houses. The stability in unit values and the increase in unit rents also provide a balanced opportunity for investors looking for rental income. With its recent performance, Moree could be a worthwhile consideration for those looking to invest in a regional area with growth potential.

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Choose the right real estate agents in Moree

Currently, there are 20 real estate agents working in Moree—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 20 agents sold 67.9% of all properties in Moree over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Moree typically charge a commission of 1.95% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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