All Topics / General Property / Growth in Orange NSW

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  • Profile photo of sam2011sam2011
    Member
    @sam2011
    Join Date: 2010
    Post Count: 123

    does anyone know how much property prices in orange have grown over the last 2 years?

    Currently have an ip and just curious as to the growth, i know there are websites i can check, but sometimes they are not a good generalisation

    Profile photo of lifestylezlifestylez
    Participant
    @lifestylez
    Join Date: 2011
    Post Count: 61

    Based on RP Data tables from YIP mag for houses:

    Current Median: $295,000
    12 Month Growth: 5.45%
    3 Year Growth: 9.35%

    For 2 years, I would say 6 to 7% based on those figures.

    Profile photo of Ryan McLeanRyan McLean
    Participant
    @ryan-mclean
    Join Date: 2010
    Post Count: 547

    The 2011 Census results will show the population growth/decline over the past 5 years. I don't know exactly when these results come out, but they should prove extremely helpful.

    It doesn't give exact property figures, but it will show you if demand is increasing or decreasing. Increasing demand = higher prices (generally speaking).

    Ryan McLean

    ps. If you are interested in positive cash flow property please check out my Positive Cash Flow Property Blog

    Ryan McLean | On Property
    http://onproperty.com.au
    Email Me

    Profile photo of xdrewxdrew
    Participant
    @xdrew
    Join Date: 2010
    Post Count: 479

    Do a search on Orange on this forum. We've talked about it several times at different levels.

    Its still very much a land of opportunity. But it has its problems.

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