Moree is the agricultural capital of north-west NSW's black-soil plains, the heartland of Australia's cotton industry and one of the world's most productive dryland farming regions. Its famous artesian hot baths — naturally heated to 41°C — are a long-standing tourism and health-tourism drawcard. The most affordable housing in NSW outside of remote areas, combined with a strengthening cotton-technology and precision-agriculture economy, is slowly drawing tree-changer and yield-investor attention. At the current $295k median house price, an 80% loan at 6.25% over 30 years is about $1,453 per month.
| Median house price | $295,000 |
|---|---|
| Median unit price | $188,000 |
| Estimated monthly repayment | $1,453 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 4.2% |
| Gross rental yield | 6.5% |
| Typical days on market | 35 |
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