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5 Garema Road
Orange NSW 2800

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 76m2
Land area: 613m2
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Affordable Investment Opportunity or First Home

Step into the Orange property market with this delightful three bedroom home. Whether you're a first-time buyer, an investor, or looking to downsize, this property offers versatility and potential. With the opportunity to rent out immediately or add value through a cosmetic renovation, this is an investment worth exploring.
The home has a spacious living area, complete with cozy woodfire heating and the outdoor space provides a blank canvas for you to design your dream garden or entertainment area. Set on a level and generous-sized block, the property also features a single garage and carport for your convenience.
DISCLAIMER
All information (including but not limited to the property areas, floor size, price, address and general property description, opinions and/or articles) on the McGrath website is provided for general information and/or educative purposes only. The content does not constitute professional advice (be it of a legal, financial or taxation nature) and should not be relied upon as such.

Property Details for 5 Garema Rd, Orange

5 Garema Rd, Orange is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 613m2 and floor size of 76m2. The place is currently for sale with McGrath Orange.

Building Type
House
Floor Size
76m2
Land Size
613m2

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About Orange 2800

The size of Orange is approximately 150.6 square kilometres. It has 98 parks covering nearly 4% of total area. The population of Orange in 2011 was 35,990 people. By 2016 the population was 38,093 showing a population growth of 5.8% in the area during that time. The predominant age group in Orange is 0-9 years. Households in Orange are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orange work in a professional occupation. In 2011, 62.9% of the homes in Orange were owner-occupied compared with 61.8% in 2016.

Orange has 22,131 properties. Over the last 5 years, Houses in Orange have seen a 67.95% increase in median value, while Units have seen a 60.62% increase. As at 31 October 2024:

  • The median value for Houses in Orange is $649,979 while the median value for Units is $405,317.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 237 properties listed for sale, and 102 properties listed for rent in Orange on OnTheHouse. According to CoreLogic's data, 916 properties were sold in the past 12 months in Orange.

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