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PRD Orange Market Update 2nd Half 2025

Page 1

Orange Market Update 2 nd H a l f 2 0 2 5

FUTURE DEVELOPMENTS

OVERVIEW In Q2 2025, Orange* recorded a median house price of $670,000 and a median unit price of $467,000. This represents an annual (Q2 2024 – Q2 2025) slight price softening of -3.2% for houses but a growth of 1.0% for units. Comparing Q2 2024 and Q2 2025, total sales decreased by -10.5% (to 198 sales in Q2 2025) for houses and remained stable (at 29 sales in Q2 2025) for units. A more affordable median house prices suggests an opportunity for buyers. That said, with only a few new houses planned for 2025, there is a high chance of price recovery. Meanwhile increasing units' prices benefits owners who wish to capitalise on their investment.

CHANGE FROM LAST

YEAR

Orange£ will see approx. $192.5M of new projects commence in 2025.

Residential $38.3M

HALF YEAR

Commercial $72.6M

HOUSE SALE S HOUSE ME DIAN PRICE

Mixed Use

HOUSE RE NTAL PRICE

$73.2M Infrastructure $5.1M

UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE

A key mixed-use projects is 60 Witton Place, which will add a hostel, bowling green, and a clubhouse. 123-125 Peisley Street is another, due to add a motel accommodation to the area.

$

The combination of commercial and mixed-use projects will stimulate local economy through more jobs, which can have a spill-over effect; in more demand for housing stock.

MARKET CONDITIONS MEDIAN PRICE Q2 2025

$670K

$467K

MEDIAN PRICE Q2 2025

$570

SALES

Key residential projects include:

AVERAGE DAYS ON MARKET Q2 2025

20 Shiralee Road (14 Dwellings)

Sweetheart Drive Residential Subdivision (207 Lots)

73

34

12 & 20 Shiralee Road Residential Subdivision (43 Lots)

HOUSE

U N I T

Lantana Place (10 Dwellings)

R E N T A L S AVERAGE DAYS ON MARKET Q2 2025

$450

21

17

HOUSE

U N I T

The number of houses planned will not satisfy current demand, especially in comparison to Q2 2025 sales (198). An undersupply of houses is likely, which will stimulate a price recovery.

50 Dwellings

349 Lots


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