Anne Street. Moree

69 Anne St, Moree NSW — Investment Property

We acquired 69 Anne St, Moree, as a fire-damaged property with a clear and considered rebuild strategy. Where others saw a liability, we saw a blank canvas: the opportunity to start from the ground up and deliver a brand new, high-quality residential asset in an established street in a market with genuine, structural housing demand. We are currently executing a full restoration and rebuild, with every decision focused on delivering a home that meets the expectations of today's tenants and commands a premium in the Moree rental market. The end product will not be a patched-up renovation. It will be a purpose-built, modern residence completed to the highest standard we put our name on.

Why Moree?

Moree's economy is anchored by irrigated agriculture, with cotton production as the headline driver supported by some of the most fertile soils in New South Wales, while agriculture accounts for approximately 27% of local employment. The broader Moree Plains region carries a Gross Regional Product of $966 million, underpinning a stable, working population with year-round housing demand. The numbers in the rental market are some of the most compelling in regional New South Wales. Rental yields for houses are running at 7.69% with a median weekly rent of $400, and the median house price sits at $335,000 with annual capital growth of 11.67%. Anne Street reinforces that story directly: a comparable four-bedroom home on the same street was purchased for $215,000 in late 2025 and immediately achieved $400 per week in rent, delivering a gross rental yield of 9.67%.

Projected Outcome

Once the rebuild is complete, 69 Anne St will be a modern, fully compliant, move-in-ready residence that enters the Moree rental market with no deferred maintenance, no compromise on quality, and every advantage that comes with a brand new build. The combination of low acquisition cost, a full rebuild to a high standard, and Moree's proven rental yields positions this project for strong long-term cash flow and meaningful equity growth. At Charlie Property, we see opportunity where others see damage, and we build assets that perform from day one.