Giving property investors a a solid capital gain of 10.50% for the last year, Orange, 2800 is the 825th highest performer in Australia in this respect.
The five-year average increase in median property values for Orange,2800 has given property investors a potential capital gain of 21.72% across each of those five years.
Property investors looking for a bargain in Orange should be aiming for at least -3.49% off the asking price, which is the average vendor discount being achieved at the moment.
Situated 206.51km from the CBD, Orange is one of Orange (C) localities in the postcode 2800.
Orange, 2800 ranked 53th 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
Orange,2800 was ranked 412 in Australia by increase in median property value over the quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Orange, 2800. Typically our figures indicate that -3.98% is being offered, which puts this NSW suburb at 1042th most discounted overall in Australia.
At number 724 in a list of fastest selling suburbs, Orange is just in the top half of suburbs in Australia with an average of days on market 69.13 for properties listed there.
Orange is 64th on a list of best yielding suburbs for rents in NSW with a 5.20% return
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January 2019
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The type of town you can drive across from one side to the other in 10 minutes, Orange is a regional service town in New South Wales, around 250km west of SydneyFull summary
Property stock stays steady
Postcode: 2800
Median house price: $399,000
Stock on market: -0.3%
12-month growth: 9.3%
The type of town you can drive across from one side to the other in 10 minutes, Orange is a regional service town in New South Wales, around 250km west of Sydney. It’s a good 3.5 hour drive from the big smoke, but those who choose to call Orange home have everything they could need within easy access – except the beach, that is!
Orange has plenty of amenities and attractions, including its own regional airport, a university and a TAFE. It also has a thriving agricultural scene that includes more than 80 vineyards, alongside farms producing everything from apples and stone fruits to fungi and venison.
Home to around 37,500 people, according to the most recent Census, Orange has a rental population of around 25%, making this a robust rental market for potential landlords.
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