83 Phillip Street, Orange NSW 2800
83 Phillip Street, Orange NSW 2800
Established house on generous block | Quiet, tree-lined street near CBD | Strong rental demand from families and investors | Older build with renovation upside | Walkable to shops, cafes, parks
This property sits within a well-settled residential pocket of Orange where detached houses on medium-to-large lots are the norm. Its position on Phillip Street offers a rare combination of inner-city convenience and space, making it particularly suited to owner-occupiers seeking proximity to the CBD without sacrificing a backyard, or investors looking for a rental-ready house with solid tenant appeal. The surrounding streets are characterised by established homes and mature trees, contributing to a peaceful, family-friendly atmosphere that tends to hold value well. For a buyer willing to refresh interiors or update finishes, this house presents a genuine opportunity to build equity while enjoying one of the more desirable locations in town.
The value of this property may be most influenced by its land size relative to the modest footprint of the house, as larger blocks in this area command a premium. Condition and presentation will likely play a significant role, with well-maintained or partially renovated homes attracting stronger interest than those requiring substantial work. Parking and garage provision could also affect price, particularly for buyers who prioritise secure off-street parking. The absence of modern amenities like air conditioning or updated kitchens might narrow the buyer pool slightly, though this is typical for the area and can be addressed over time. Rental returns may vary depending on how the property is configured, so a clear picture of the internal layout will be important.
|| Comparable Sales: 163 Phillip Street sold around $670,000; 22 Phillip Street achieved $700,000–$730,000 | Property Price Band: $650,000–$750,000 | Value Drivers: land size, renovation level, parking provision
Detailed Independent Property Report prepared by PropCred Analyst team for 83 Phillip Street, Orange NSW 2800
Checks found:
Value Risk
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
2
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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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PropCred Estimated Value
Comparable Sales: 163 Phillip Street sold around $670,000; 22 Phillip Street achieved $700,000–$730,000 | Property Price Band: $650,000–$750,000 | Value Drivers: land size, renovation level, parking provision
Bedrooms
4
Bathroom
2
Parking
2
Land
805m²
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