Suburb Profile Report for Orange NSW (2800)

Orange House: Median price $355,000, Annual capital growth 2.91%, Number of sales 934, Weekly median advertised rent $325

Orange Unit: Median price $236,750, Annual capital growth 1.34%, Number of sales 177, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 4.41% for the last 12 months, Orange, 2800 has performed for property investments than its average annual 2.91% property growth over the last 5 years.

Over the longer term, Orange has seen property prices show investors a 2.90% return over the last 3 years. This is an improvement over the last 12 months

The most recent median price for Orange is $355000, with sellers offering an average of -4.04% off the asking price.

Using the current median advertised rental of $325 and the average annual increase in value of a median property of 2.91%, investors should hope to achieve an overall return of 4.76%

Property value increases in Orange have tracked just lower than the NSW average of 6.96% over the last 12 months.

A -1.35% growth in median value for property investors in Orange,2800 puts this suburb at number 502th in terms of best performing suburbs in NSW

LACK OF BUYER INTEREST may well be the reason that Orange is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 213th in terms of most discounted suburbs in NSW

With the median price for a house in Orange being $236750 and the advertised rent reaching $260 the gross rental yield for property investors calculates out to be 5.71%

Metrics i HOUSE UNIT
$355,000 $236,750
1.43% -2.37%
4.41% 0.32%
2.91% 1.34%
$325 $260
934 177
4.76% 5.71%
97.06 112.17

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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
Chart Table
Recent sales & rentals