The affordability of housing in Orange is one of the most talked about lifestyle benefits that inspires people to make the move.
Property prices in Orange compare very well to the capital cities. Orange has a wide variety of housing type, from rural farmhouses overlooking rolling hills and vineyards, to a Californian bungalow in the centre of town, to a plush, new-build on the city limits - the choice is yours. Wherever you choose, you are never far from the action. A short car journey often being all that is required to get you to the heart of the action.
Average Dwelling Prices
- The median sales price for dwellings in Orange is currently $290,000.
(Source: Australian Property Monitors’ June quarterly house price report)
- Between March 2005 and March 2009, median dwelling prices in Orange increased at an average rate of 3.4% per annum compared with 2.5% per annum for regional NSW.
Source: NSW Dept of Housing
Rural Property Values
- The average price per hectare for tablelands grazing land in Orange in 2008 was $5,672. This is a similar value to 2007, and it remains higher than surrounding regional areas of Bathurst, Mudgee and Oberon.
- The average price of hobby farm sites in Orange was $12,055 per hectare, again remaining static compared with the previous year. The average price per hectare is higher than in Bathurst and Dubbo where the average size of landholding is similar.
- The average price of a rural home site in Orange in 2008 was $123,502 per hectare, comparable with 2007 values.
Source: Land and Property Management Authority, 2009