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Moruya, NSW 2537

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Moruya, NSW 2537 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Moruya, NSW 2537”

  1. The total adult population (15 years or older) of Moruya 2537 NSW is 3,668, with a median age of 52. Of those, 44.63% are married, 14.39% are divorced or separated, 32.39% are single and 8.67% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $5,748. The median monthly mortgage repayment for households in this suburb is $1,517 which is 26.39% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in the state of NSW, the suburb of Moruya (postcode 2537) is home to an estimated 2784 households. Delving into the property market data for the third quarter of 2023, we find that typical prices for houses in Moruya 2537 stand at a significant $828,688. This teams up with a median weekly rent pegged at $505, serving up an indicative yield of 3.17%, making the suburb potentially attractive to cash flow-centric property investors who regard yields above 3% as a minimum market entry prerequisite.

    Focussing on the socio-economic health of Moruya, its IRSAD score is calculated at 924 out of a possible 1217. This indicates that the populace generally enjoys access to economic resources, indicative of solid income levels and skilled occupations. Such a score shuffles Moruya into the category of areas with better socio-economic status. In addition to this, the district has a renter to owner percentage of 22%, which is considered favourable as it falls well below the risky 45% threshold.

    An impressively low units to houses ratio of 4% implies that the market here is less inundated with rentals. This low ratio plays well for landlords as it reduces competition for tenants and sets the foundation for longer tenancy periods. The market in Moruya takes on a favourable appearance therefore, endorsing it as an attractive destination for families while mitigating the risk of price dips if market conditions cool.

    Now, affordability may pose a more significant challenge in Moruya 2537 given that the affordability index for houses here lingers at 56 years. This exceeds the 31-year mark that flags decreased affordability, requiring buyers to take this into account when considering property investment here.

    On the supply front, the metrics for Moruya appear optimistic. The suburb reveals a commendably low stock on market Percentage of 0.22% for houses, suggesting a low supply environment, while the inventory level indicates a fairly swift absorption with just 1.41 months for houses. This low supply is further validated by a building approvals Ratio for houses of 0.62%, again signifying restrained supply.

    The median number of days on market for houses in Moruya stretches to 359 days, indicating a slightly slower turnover than one might anticipate, suggesting that demand could be stronger. Nonetheless, a low vacancy rate of just 0.66% serves to boost demand, indicating it to be high in this combined houses and units market. However, a buy search index at 3, though perhaps indicative of not particularly explosive demand, still keeps Moruya within the bracket of neutral demand which can be seen as generally encouraging.

    In conclusion, the property market in Moruya presents a mix of favourable and challenging metrics. Keeping this data in mind while evaluating your investment prospect can lead to more informed and profitable investment decisions. Lastly, tools like HtAG Analytic’s RCS (Relative Composite Score) can further help simplify this research process by providing a comprehensive overview using over 80 metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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