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Sold on 16 Oct 2024 for $440,000

14 Garema Road
Orange NSW 2800

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 103m2
Land area: 594m2
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Property Details for 14 Garema Rd, Orange

14 Garema Rd, Orange is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 594m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Orange in the last 12 months.

Building Type
House
Floor Size
103m2
Land Size
594m2
Local Government
Orange
Lot/Plan
181/DP239003

Last Listing description (October 2024)

Seize this fantastic investment opportunity with tenants currently in place, paying $460 a week. This elevated property at 14 Garema Road offers plenty of desirable features and low-maintenance appeal. The north-facing lounge room welcomes natural light, while each bedroom and the lounge are fitted with split system reverse cycle air conditioning for year-round comfort. The sunroom, with its gas heater, provides a cozy space for relaxation. A large kitchen offers ample storage, while the modern bathroom is complemented with a large shower and toilet. An additional toilet is located in the internal laundry for extra convenience. For those in need of parking or workspace, the single-car garage includes a workshop area, with an adjoining carport providing further parking options. Perfect for investors, this property offers solid rental returns, low maintenance, and a layout that appeals to both tenants and future buyers. Don't miss out on this ready-to-go investment, contact us today for more information.

Property History for 14 Garema Rd, Orange, NSW 2800

A timeline of how this property has performed in the market
Last Sold
$440,000
16 Oct 2024
Listed for Rent
$430/w
02 Nov 2021
  • 16 Oct 2024
    Sold for $440,000
  • 24 Sep 2024
    Listed for Sale $449,000
  • 15 Oct 2021
    Listed for Rent $430 / week
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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, 911 properties were sold in the past 12 months in Orange.

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