1 Adelaide StreetMoree NSW 2400
Property Details for 1 Adelaide St, Moree
1 Adelaide St, Moree is a bedroom, bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 1688m2 and floor size of 119m2. While the property is not currently for sale or for rent, it was last sold in September 2004.
Last Listing description (December 2014)
Gross return = 10.7% to 12.03% on asking price....
Brief outline of the complex on offer: * 18 x 2 bedroom brick veneer villas * Each with lock up garage * Tiled living areas * Internal laundries * Evaporative air-conditioning * Current rents of $120.00 per week * Potential to increase rents * TOTAL SITE AREA OF 7,082 SQ. METERS -yes that's right. * Strata titled and available individually or in one line. * That's a little over $58,000 each * You couldn't build them for that..... ACT QUICKLY.
Approx. outgoings: Land rates = $2,982.67 P.A. Water rates = $3,066.02 P.A. All villas are metered separately (both water and electricity). Brick dividing walls to roof with each villa. About a 20 minute walk (2 minute drive) to the center of town. It's possible to improve the villas and then re let at a greater figure then the $120.00 a week that is being paid.
Property History for 1 Adelaide St, Moree, NSW 2400
- 26 Jul 2013Listed for Sale $1,050,000
- 16 Jul 2010Listed for Sale $1,050,000
- 22 Sep 2004Sold for $81,500
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0About Moree 2400
The size of Moree is approximately 3,870 square kilometres. It has 37 parks covering nearly 1.1% of total area. The population of Moree in 2011 was 9,346 people. By 2016 the population was 9,324 showing a population decline of 0.2% in the area during that time. The predominant age group in Moree is 0-9 years. Households in Moree are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Moree work in a professional occupation. In 2011, 55.3% of the homes in Moree were owner-occupied compared with 52.6% in 2016.
Moree has 5,522 properties. Over the last 5 years, Houses in Moree have seen a 85.07% increase in median value, while Units have seen a 104.47% increase. As at 31 October 2024:
- The median value for Houses in Moree is $277,500 while the median value for Units is $249,086.
- Houses have a median rent of $380 while Units have a median rent of $275.
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