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PRD Orange Market Update 2nd Half of 2026

Page 1

Orange Market Update 2 nd H a l f 2 0 2 6

OVERVIEW

In Q2 2026, Orange* recorded a median house price of $755,000, and a median unit price of $492,500. This represents an annual (Q2 2025 – Q2 226) price growth of 11.0% for houses and by 5.5% for units. Between Q2 2025 – Q2 2026, house sales have declined, by -7.0% (to 240 for houses in Q2 2026), but unit sales have increased by 47.6% (to 31 sales in Q2 2026). Houses in Orange* is undersupplied, whilst units are highly demanded. Combined, this creates 2a buffer against multiple cash rate hikes in 2026. Thus, there is an opportunity for owners to capitalise on their investments. Buyers who have been priced out of the housing market have shifted to units, which coincided with the high number of units due to be built in 2026.

CHANGE FROM LAST

YEAR

FUTURE DEVELOPMENTS** Orange will see approximately $78.4M of new developments due to commence construction in 2026. Commercial $8.5M Residential $17.0M

HALF YEAR

HOUSE SALE S

Mixed

HOUSE ME DIAN PRICE

Use $31.7M

Industrial $6.7M Infrastructure $14.6M

HOUSE RE NTAL PRICE Multiple infrastructure and mixed-use developments are planned for Orange which will improve livability, attract future residents and create employment opportunities across different sectors.

UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE

There are many residential and mixeduse projects planned in 2026, bringing new stock to Orange. These include:

$ MARKET CONDITIONS MEDIAN PRICE Q2 2026

$755K

$493K

MEDIAN PRICE Q2 2026

$600

SALES

AVERAGE DAYS ON MARKET Q2 2026

50

76

HOUSE

U N I T

RENTALS

$480

103 Prince Street Mixed Use project (60 apartments & 16 townhouses)

Breeze Road Dwellings (18 Dwellings)

357 & 361 Pinacle Road Residential Subdivision (22 Residential Lots)

That said, the number of houses and units in the pipeline will not be enough to meet demand (240 and 31 respective sales in Q2 2026). Hence, price growth is expected to continue as the market continues to be undersupplied.

AVERAGE DAYS ON MARKET Q2 2026

18

17

HOUSE

U N I T

60 Units/ Apartments

16 Townhouses

35 Dwellings

22 Lots


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