Thinking about buying in Moranbah? Now could not be a better time, with 5998 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $433,000 with prices in this suburb ranging from $87,000 to $2,162,000. The aproximate distance to the coast is 117 Km.
Median Weekly Rent | $255.47 |
Median Monthly Mortgage | $1291.12 |
Median Persons Per Bedroom | 0.79 |
Average Household Size | 2.88 |
Average Age | 30.76 |
Average Income | $1448.00 |
Average Cars Per Dwelling | 2.07 |
Average Properties Within 50M | 15 |
1 Bed  $383,000 |
2 Bed  $465,000 |
3 Bed  $366,000 |
4 Bed  $521,000 |
5 Bed  $556,000 |
6 Bed+$563,000 |
In Moranbah there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Moranbah due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Moranbah changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Moranbah necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Moranbah we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Moranbah a better buying opportunity than it may have been in the past.
Moranbah State High School
Moranbah East State School
Moranbah State School
(While the above schools are located with the suburb of Moranbah there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 3.3 | 21.6 | 34.9 | 36.9 | 88.9 | 4.7 | 23.8 |
Feb | 3.6 | 21.5 | 34.0 | 39.7 | 90.3 | 4.4 | 22.5 |
Mar | 2.5 | 20.3 | 32.6 | 42.1 | 91.5 | 4.5 | 20.6 |
Apr | 0.8 | 16.7 | 30.2 | 38.9 | 91 | 4.2 | 19.1 |
May | 0.8 | 12.3 | 26.5 | 37.8 | 87.5 | 4.0 | 16.1 |
Jun | 0.9 | 10.3 | 24.2 | 41.4 | 90.6 | 3.5 | 14.0 |
Jul | 0.7 | 8.5 | 24.6 | 36.0 | 89.7 | 3.6 | 15.9 |
Aug | 0.5 | 8.7 | 27.3 | 24.0 | 83.5 | 3.2 | 18.9 |
Sept | 0.4 | 12.5 | 30.1 | 25.5 | 84.9 | 3.9 | 22.3 |
Oct | 1.1 | 16.0 | 32.9 | 26.5 | 87.9 | 4.1 | 26.0 |
Nov | 1.1 | 18.9 | 35.5 | 23.4 | 82.1 | 4.3 | 27.6 |
Dec | 1.8 | 19.8 | 35.3 | 28.5 | 87.6 | 4.4 | 27.4 |
source: Australian Government Bureau of Meteorology
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