24/98 Kenna Street, Orange NSW 2800

24/98 Kenna Street, Orange NSW 2800
Rear complex position | 3-bedroom villa | low-maintenance footprint | fringe CBD liveability This townhouse occupies a rear position within a small complex, offering a level of privacy and quiet that is uncommon for properties at this price point near the Orange CBD. The open-plan layout and single-level configuration serve first-home buyers and downsizers directly, while the vacant possession and established strata structure allow an investor to secure immediate rental income without delay. The 218mยฒ lot and single garage keep holding costs low, and the proximity to schools and shops supports consistent tenant demand. The primary risk is the unquantified strata fees and the age of the building, which may require special levies for common property maintenance. The 1978 construction date means the buyer should budget for potential updates to kitchen or bathroom finishes within five years. A strata inspection before exchange is non-negotiable. For an owner-occupier, this property offers a secure, low-effort home in a convenient location. For an investor, the rental yield near 4.5% is competitive for the region, and the property should be held for steady capital growth rather than short-term flipping.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 24/98 Kenna Street, Orange NSW 2800
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Market Insight:

Orange presents a compelling blend of regional lifestyle and professional appeal, attracting families seeking a balanced environment. Demand is driven by this demographic, supported by a robust rental market and a vibrant local economy. Recent price momentum reflects strong buyer competition, with houses moving steadily and units showing particular vigour. Future growth is underpinned by planned residential developments, though the immediate supply constraint continues to support market conditions.
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