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324 Boston Street, Moree NSW 2400

$240,000

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$240k - $252k Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 1 Car 854 m²

Listed: 42 days ago

Updated: 19 hours ago

Overview

Located at 324 Boston Street in the township of Moree, this well-presented two-bedroom house offers an ideal entry point for owner-occupiers or an attractive investment proposition for portfolio expansion.

The property's layout is thoughtfully designed to provide practical living spaces and a sense of comfort. The generous living room serves as the home's central focal point, providing ample space for relaxation and welcoming visitors. Adjacent to this is a functional kitchen with an attached laundry area, ensuring everyday tasks are efficiently handled.

Both bedrooms are of a good size, with the main bedroom offering extra space, catering well to personal comfort and storage needs. The bathroom, featuring a shower over the bath, alongside a separate toilet and vanity, supplies practical convenience.

Additional living and entertaining options are enhanced by a large screened porch, creating an inviting venue for casual gatherings or enjoying the outdoors protected from insects and weather. The central hallway effectively connects all key areas of the home, promoting smooth flow and accessibility.

The exterior boasts a sizable land area of 853.6 square meters, complemented by off-street parking through a carport and driveway with the benefit of drive-through access to the rear yard—ideal for family vehicles or trailer storage.

Currently tenanted and achieving a weekly rental income of $360, the property demonstrates a strong gross rental yield of approximately 7.8%, positioning it as a compelling investment option in the Moree market.

Overall, this property presents versatility and potential, whether as a comfortable home ready for occupation or a solid income-producing asset with scope for future personalisation and value enhancement.

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.