Suburb Profile Report for Orange NSW (2800)

Orange House: Median price $350,000, Annual capital growth 2.69%, Number of sales 886, Weekly median advertised rent $320

Orange Unit: Median price $236,750, Annual capital growth 1.98%, Number of sales 158, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Orange is in the bottom 40% in NSW when comparing median price capital growth over the last year. Orange gave property investors a disappointing capital gain figure when compared to the rest of the state, with 2.94%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Orange has increased when compared to the 5 year average annual rate.

Sellers are offering property buyers an average discount of -4.51% to buyers in Orange at the moment, which is less than average for the rest of NSW.

Situated 200.02km from the CBD, Orange is one of Orange localities in the postcode 2800.

Property value increases in Orange have tracked just higher than the NSW average of 5.41% over the last 12 months.

Orange,2800 was ranked 1027 in Australia by increase in median property value over the quarter.

LACK OF BUYER INTEREST may well be the reason that Orange is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 240th in terms of most discounted suburbs in NSW

On average over the past year, suburb has had 13.17 sales per month, which equates to 158 per year.

Advertised rents are around the $250 mark per week – giving a return of 5.49% based on the median price in Suburb

HOUSE UNIT
$350,000 $236,750
2.04% -0.11%
2.94% 7.61%
2.69% 1.98%
$320 $250
886 158
4.75% 5.49%
104.45 118.97

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 35990
Median household income ($/weekly) 1146
Median age of persons 35
Median housing loan repayment ($/monthly) 1625
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 5076 14.1
    25-34 years 4706 13.1
    35-44 years 4695 13.0
    45-54 years 4506 12.5
    55-64 years 3922 10.9
    Others 13086 36.4
    Age Group
    Census Count Percent(%)
    Registered Married 11506 47.0
    Not Married 10419 42.6
    Defacto Relationship 2544 10.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 30630 90.8
    Indonesia 137 0.4
    Papua New Guinea 375 1.1
    United Kingdom 713 2.1
    Other 642 1.9
    Others 1220 3.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 200 0.6
    Christianity 27179 82.4
    Islam 145 0.4
    Other Religious Groups 116 0.4
    No Religion 5213 15.8
    Others 132 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 1039 8.8
    $400-$599 1322 11.2
    $600-$799 1166 9.9
    $1,000-$1,249 1044 8.9
    $1,500-$1,999 1519 12.9
    Others 5676 48.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 10607 40.2
    Not in the labour force 9439 35.8
    Employed, worked part-time 4557 17.3
    Employed, away from work 988 3.7
    Unemployed, looking for work 770 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 3115 19.3
    Technicians & trades workers 2473 15.3
    Community & personal service workers 1629 10.1
    Clerical & administrative workers 2258 14.0
    Labourers 1849 11.4
    Others 4826 29.9
    Occupation
    Census Count Percent(%)
    Pre-school 747 8.7
    Infants/Primary 3053 35.7
    Secondary 2586 30.3
    Technical or Further Educational Institution 980 11.5
    University or other Tertiary Institutions 1015 11.9
    Others 167 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 29737 91.1
    Semi-detached, row or terrace house, townhouse 1643 5.0
    Flat, unit or apartment 1114 3.4
    Caravan, cabin, houseboat 60 0.2
    House or flat attached to a shop, office 83 0.3
    Others 8 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 4413 34.5
    Being purchased 4242 33.2
    Fully owned 4045 31.7
    Other tenure type 75 0.6
    Tenure Type
Census 2011, ABS
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Recent sales & rentals