Orange Market Update 1st Half 2026
In Q4 2025, Orange* recorded a median house price of $730,000,and a median unit price of $495,000.This represents an annual (Q4 2024 – Q4 2025)price growth of 7.8%for houses and 20.4%for units. Between Q4 2024– Q4 2025sales increased, by 14.9% (to 348for houses in Q4 2025) and by 109.1% for units (to 46 sales in Q4 2025). Price growth and higher number of sales suggests a highly-demanded market, which was further aided by previously lower interest rates. This suggests thatnow is anideal opportunity for owners to capitalise on their investment. There are several residential projects planned in 2026, which will assist with supply.
HOUSE SALES YEAR HALF YEAR CHANGE FROM LAST
HOUSE MEDIAN PRICE
HOUSE RENTAL PRICE
Orange will see approximately$245.9M ofnewdevelopmentsdueto commenceconstruction in2026.
PRICE
RENTAL PRICE
MEDIAN PRICE Q4 2025
$730K $495K
MEDIAN PRICE Q4 2025
AVERAGE DAYS ON MARKET Q4 2025
56
AVERAGE DAYS ON MARKET Q4 2025
There are many residential and mixeduse projects planned in 2026, bringing new stock to Orange. These include:
• Redmond Place Orange Masterplan (66 apartments & 264dwellings)
• 103Prince Street Mixed Use project (60 apartments & 16 townhouses)
• 157Lysterfield Road & Hawke Lane Subdivision (151 Residential Lots)
The number of houses and units in the pipeline may meet demand (based on 348house and 46-unit sales in Q4 2025). However, construction of these projects needs time, suggesting that it is a medium/long term solution. In the short term there is still a high level of demand, indicating a house and unit price increase is highly likely.
AVERAGE VENDOR DISCOUNT*
Average vendor discount reflects the average percentage difference between the first list price and final sold price. A lower percentage difference (closer to 0.0%) suggests that buyers are willing to purchase close to the first asking price of a property.
House Unit
In the past 12months to Q4 2025 average vendor discount for houses and units have tightened, to a lower discount of -2.6% and -2.0%, respectively. Market conditions in Orange* still favours buyers, where owners are still willing to accept below the first list price. Thatsaid, average vendor discount in Q4 2025 is closer to zero. This suggests a shift towards a seller’s market. Buyers must act fast to secure a discount.
The suburb of Orange has historically tracked on par compared to the wider City of Orange Local Government Area (LGA) for median house and unit prices for the past 5 years. This trend has continued throughout2025.
Most of the houses sold in Orange* in 2025were split between the premium price point of $850,000and above (24.9%) and the middle price bracket $650,000 to $749,999 (20.7%). Similarly, 27.1% of unit sales were in the middle bracket of $450,000 to $499,999and the premium price bracket of $550,000 and above (25.2%). This suggest there are opportunities for both owners and buyers. First home buyers also have options in Orange*, with strong sales in the most affordable bracket of less than $549,999(20.5% house sales) and less than $399,999(14.0% unit sales).
MARKET COMPARISON
PRICE BREAKDOWN 2025#
UNITS SOLD HOUSES SOLD
$400,000 to $449,999
$450,000 to $499,999
$500,000 to $549,999
$550,000 and above
The market comparison graph provides a comparative trend for the median price of houses and unit in the past 5 years. The main LGA profiled was chosen based on their proximity to the main suburb analysed, which is Orange.
Orange House City of Orange House Orange Unit City of Orange Unit
RENTAL GROWTH 2025€
House rental yields in Orange¥ was 3.8%in December 2025,comparable to City of Orange (3.7%) but above Sydney Metro (2.7%). This was paired with a 5.4%increase in median house rental price in the past 12months to Q4 2025, at $590per week. The number of houses rented decreased, by -6.4% in the past 12 months, to 265rentals in Q4 2025. There is an undersupplied rental market in Orange¥, which is beneficial to investors. This also creates anopportunity for investors looking for a more affordable option to Sydney Metro.
3-bedroom houses have provided investors with +5.8%rental growth annually, achieving a median rent of $550per week.
Orange¥ recorded a vacancy rate of 1.0% in December 2025, lower than the City of Orange 2.3% and the Sydney Metro 1.8%average. Vacancy rates in Orange¥ have decreased in the past 12 months, indicating a tighter rental market. Moreover, a 1.0% vacancy rate is well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%. This suggest quicker occupancy of rental homes in Orange¥; which creates a conducive environment forinvestors.
RENTAL VACANCY RATES 2025
PROJECT DEVELOPMENT MAP 2026
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REFERENCES
* Orange sales market data and key indicators encapsulates aggregate property market conditions within the suburbs of Orange, Molong, Cargo, Cudal, Manildra and Clifton Grove.
** Estimated values are based on construction value provided by the relevant data authority and does not reflect commercial and/or re-sale value.
# 2025 encapsulates sales transactions for the 2025 full year (01/01/2025-31/12/2025).
€ Annual rental growth is a comparison between Q4 2024 (01/10/2024 – 31/12/2024) and Q4 2025 (01/10/2025 – 31/12/2025) house median rent figures.
¥ Orange rental market data encapsulates aggregate property conditions within the postcode of 2800.
§ Rental yields and vacancy rates shown are as reported as of December 2025.
₳ Project development map showcases a sample of upcoming projects only, due to accuracy of addresses provided by the data provider for geocoding purposes.
£ Projects refers to the top developments within the suburbs of Orange, Molong, Cargo, Cudal, Manildra and Clifton Grove.
µ Estimated value is the value of construction costs provided by relevant data authority, it does not reflect the project’s sale/commercial value.
ψ Commencement date quoted for each project is an approximate only, as provided by the relevant data authority, PRD does not hold any liability to the exact date.
Source: APM Pricefinder, Cordell Connect database, SQM Research, Esri ArcGIS.
Disclaimer: PRD does not give any warranty in relation to the accuracy of the information contained in this report. If you intend to rely upon the information contained herein, you must take note that the information, figures and projections have been provided by various sources and have not been verified by us. We have no belief one way or the other in relation to the accuracy of such information, figures and projections. PRD will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in the material.
Prepared by PRD Research. © All medians and volumes are calculated by PRD Research. Use with written permission only. All other responsibilities disclaimed. © Copyright PRD 2026.
