Investment property in Orange has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.83%
Orange,2800 was ranked 2528 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -4.20% to buyers in Orange at the moment, which is less than average for the rest of NSW.
With the median price for a house in Orange being $352000 and the advertised rent reaching $325 the gross rental yield for property investors calculates out to be 4.80%
Orange, 2800 ranked 403th in NSW when comparing growth in median property values or capital gain over the last 12 months. Orange is one of 3163 in our list for NSW
The five-year average increase in median property values for Orange,2800 has given property investors a potential capital gain of 2.50% across each of those five years.
Property buyers and investors in Orange 2800 should be seeing an average reduction in asking price of around -4.13% . This means that Orange is holding prices well when compared to other suburbs in NSW.
Orange is 48th on a list of best yielding suburbs for rents in NSW with a 5.57% return