If you compare the increase in value of investment property in Orange, 2800 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.00%.
Orange,2800 has offered an average of 5.00% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Orange is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 862th in terms of most discounted suburbs in NSW
Renters in Suburb are facing rents around $19760 per annum or $380 every week.
Property investors who have had real estate in Orange, 2800 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.04%
A 20.23% growth in median value for property investors in Orange,2800 puts this suburb at number 134th in terms of best performing suburbs in NSW
Orange, 2800 is offering NSW ‘s 339th 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.
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Information supplied by:
January 2019
M
O
W
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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.