SOLD
Sold on 10 Nov 2023 for $1,040,000

1/230 Mclachlan Street
Orange NSW 2800

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 73m2
Land area: 1562m2
Sold By
Emma Chapman
Ray White Townsend Real Estate
Kathie Townsend
Ray White Townsend Real Estate
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Property Details for 1/230 Mclachlan St, Orange

1/230 Mclachlan St, Orange is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 1562m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Orange in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
73m2
Land Size
1562m2
Local Government
Orange
Lot/Plan
1/SP15535

Last Listing description (March 2024)

The entire complex of three, freestanding brick units sit on a 1,560 square metre block less than 200 metres from the Alpine Stores and an easy 6 block walk to the centre of town is being offered for sale as a whole.

Held by the one family, the three units are held under Strata Title allowing separate ownership if required. Currently, the complex is grossing $44,460p.a with long term tenants in place. Unit 1 has been updated with a new kitchen, new floor coverings and a split-system air-conditioner. Units 2 & 3 are in good order and with reasonable renovations in the future, income will only increase dramatically.

This complex has been under the current ownership for the past fifteen years and is being offered for sale purely to re-focus investment funds and the owners portfolio.

Inspection is strictly by appointment only.

Please Note: Internal images are of Unit 1 only.

Property History for 1/230 Mclachlan St, Orange, NSW 2800

A timeline of how this property has performed in the market
Last Sold
$1,040,000
10 Nov 2023
Listed for Rent
$280/w
22 Aug 2019
  • 10 Nov 2023
    Sold for $1,040,000
  • 18 Jul 2023
    Listed for Sale Not Disclosed
  • 24 Jul 2019
    Listed for Rent - Price not available
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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 22,101 properties. Over the last 5 years, Houses in Orange have seen a 63.09% increase in median value, while Units have seen a 65.05% increase. As at 30 September 2024:

  • The median value for Houses in Orange is $630,647 while the median value for Units is $418,308.
  • Houses have a median rent of $540 while Units have a median rent of $440.
There are currently 217 properties listed for sale, and 97 properties listed for rent in Orange on OnTheHouse. According to CoreLogic's data, 941 properties were sold in the past 12 months in Orange.

Suburb Insights for Orange 2800

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.