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Adelaide Street, Moree

Moree, NSW

About the Project

5 Adelaide Street, Moree — Investment Property

We have acquired the property at 5 Adelaide Street, Moree, as a renovation-led investment in one of regional NSW's highest-performing property markets. Situated in an established residential street close to the heart of town, this property represents a clear opportunity to purchase well below market potential and add significant value through a targeted transformation. With a full modernisation planned, our strategy is to deliver a finished home that meets the growing demand for quality, move-in-ready stock in a market that is being increasingly recognised by investors across the country.

Why Moree?


Moree is not just on the radar, it is consistently ranked among the top investment locations in New South Wales. Nestled in the Moree Plains Shire, Moree is known for its rich agricultural industry and natural hot springs, serving as a regional hub for farming, commerce and tourism. That diversified economic base translates directly into reliable, year-round housing demand. The numbers speak for themselves: rental yields for houses in Moree currently sit at 7.69%, with a median rent of $400 per week and annual capital growth of 11.67%. To put that in context, Moree ranks as the second highest yielding market for houses in all of NSW — a remarkable result for a regional town with affordable entry prices. Industry experts have flagged Moree as poised for significant growth as a Special Activation Precinct focused on agribusiness and logistics, with the Inland Rail Link further enhancing its connectivity and making it an increasingly attractive investment location. For investors seeking both yield and capital growth, few markets in the state offer what Moree does right now.

Projected Outcome
 

Following its transformation, 5 Adelaide Street will be delivered as a modern, move-in-ready home positioned to attract strong buyer and tenant interest in a market where quality stock remains limited. This strategic renovation is designed to drive a substantial increase in market value, unlocking the gap between the acquisition price and what a well-presented property on this street can genuinely command. With rental yields at 7.69% and capital growth running at nearly 12% annually, the fundamentals are firmly in our favour. At Charlie Property, we identify markets with real momentum and execute with precision, and Moree, backed by some of the strongest investment data in regional NSW, is exactly where that strategy delivers.

Strategy

Buy-Renovation-Hold (Strata Subdivision)

Project Status

Under Contract

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Overview

Strategy

Buy-Renovation-Hold (Strata Subdivision)

Project Status

Under Contract

8-units Apartment

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Charles took complete ownership of the on-site operations, ensured high-quality workmanship, and kept everything moving efficiently and within scope

Project Money Partner

Drysdale Project

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