Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

321 Edward Street, Moree NSW 2400

$290,000

Search Band Search Visibility Band

$290k - $305k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 930 m² 122 m²

Listed: 43 days ago

Updated: 41 days ago

Overview

Occupying a generous 930 square metre block, this single-level brick and tile residence is designed to offer comfortable, practical living suitable for everyday needs. The generous land size provides ample outdoor space, creating opportunities for gardening, recreation, or future expansions.

Inside, the home is thoughtfully laid out with three bedrooms, two of which are equipped with built-in wardrobes, enhancing storage and organization. A dedicated office space featuring built-in desk and storage supports modern work-from-home needs or study requirements without sacrificing living areas.

The layout allows for separate lounge and kitchen/dining areas, promoting distinct zones for relaxation and meal times. The kitchen is appointed with a gas stove, favored for efficient and precise cooking control. The bathroom includes both a bath and shower complemented by two separate toilets, streamlining morning routines and accommodating family or shared living comfortably.

The property is also equipped with split-system air conditioning in the lounge and main bedroom, ensuring year-round comfort in primary living and sleeping areas. Vehicle accommodation includes a single lock-up garage with internal access and additional off-street parking, catering to multiple cars or visitors.

From an investment perspective, this home is currently tenanted, generating $380 per week and providing an approximate 6.8% gross yield. This steady income stream enhances the appeal for investors seeking an income-producing asset with established tenancy.

Overall, the property offers a balanced mix of space, practicality, and income potential. It is particularly appealing to investors looking for a manageable, well-kept home with secure rental income and room to accommodate lifestyle needs within a well-sized land parcel.

Local Market Insights

In Moree, Quiet Listings observed 10 new houses entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $585,200. The property type mix of listed properties is predominantly Houses at 91%, followed by commercial properties (9%). The most active agency for houses in the Moree area is currently MRE, representing 40% of new listings, followed by Raine & Horne with 30%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.