Over the last year, property investments in Orange, 2800 have given investors a capital gain of 12.71%. This compares favourably with the 8.77% for NSW as a whole.
Comparing Orange,2800 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Orange, 2800 is offering NSW ‘s 712th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
Property investors should expect to get $400 weekly from the median priced house in this suburb.
Giving property investors a an average capital gain of 3.03% for the last year, Orange, 2800 is the 892th 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 23.08% across each of those five years.
Property investors looking for a bargain in Orange should be aiming for at least -1.47% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Orange, 2800 is in the Orange (C) local government area.
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Property stock stays steady
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.