Jones Avenue, Moree

76 Jones Ave, Moree NSW — Investment Property

We acquired 76 Jones Ave, Moree, at a sharp entry price on one of the town's longer established residential streets, with a clear and focused strategy: complete a targeted renovation to bring the property up to a modern, move-in-ready standard, then sell into a market that has demonstrated consistent appetite for quality renovated stock. The work we are delivering is purposeful and precise, every upgrade chosen to maximise appeal to today's buyers without overcapitalising. This is a flip built on discipline: buy well, renovate smart, and sell at the right time in a market where well-presented homes continue to transact with confidence.

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 and year-round housing demand. For a flip strategy to succeed, the market has to reward quality and move at a pace that protects margins. Moree delivers on both counts. The median house price currently sits at $335,000 with annual capital growth of 11.67%, and houses are selling with a median weekly rent of $400 and rental yields of 7.69%, reflecting a market where well-presented stock is valued by both buyers and investors. Jones Avenue itself has recorded annual capital growth of 21.6% on comparable homes over a recent holding period, a clear signal that this is a street where the right renovation at the right price point is strongly rewarded.

Projected Outcome

Once the renovation is complete, 76 Jones Ave will be a polished, move-in-ready home positioned squarely at Moree's median market, where buyer demand is active and quality stock continues to sell. The margin in this project comes from a disciplined acquisition price, controlled renovation costs, and a finish that stands out in the local market. At Charlie Property, we buy with purpose, renovate with precision, and sell at the right time to deliver strong returns.