115 Diamond Drive, Orange NSW 2800

115 Diamond Drive, Orange NSW 2800
A modern family house | Large 838m² block | Premium North Orange street | Wetland outlook | High-end finishes A modern detached family house is presented on an unusually large block within a well-established North Orange residential corridor. Its four-bedroom, two-bathroom configuration with multiple living areas and substantial garage capacity suits families seeking space in a convenient suburb. The street’s position near wetlands and local amenities adds a lifestyle element not typical of standard suburban stock. Finish quality, including stone benchtops and ducted climate control, places it above entry-level housing. This house serves professional families, upgraders, and owner-occupiers who want a turn-key property with room to grow. Value may be influenced by the property’s exact orientation and aspect, as a wetland outlook can command a premium but a less favourable position may limit that advantage. The condition of finishes and any deferred maintenance might affect negotiating power. Market momentum in Orange has shown slight softness, so price growth may be measured. Land size and layout are strong supports, but presentation and timing will determine final demand.
Detailed Independent Property Report prepared  by PropCred Analyst team for 115 Diamond Drive, Orange NSW 2800
Checks found:
Value Risk
Liquidity Risk
Planning Risk ! 1
Income Risk 2
Execution Risk ! 1
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Market Insight

Orange, 230km northwest of Sydney, is a regional centre with rich history and modern amenities. Demand is driven by professional couples with children, reflected in owner-occupancy rising to 63.2% by 2021. House prices sit around $712,000–$730,000 with annual growth of 4.3–7.8%, while units range from $484,000–$513,000 with growth accelerating to 11.2–20.4%. The median house sells in 48 days, supported by 958 sales in the past year. Gross yields are 4.4% for houses and 5.0% for units, with house rents up 5.8% and unit rents up 9.8%. Roughly $245.9 million of residential projects commencing in 2026 — including 321 dwellings, 126 units, 16 townhouses and 240 lots — will ease supply, but construction timelines mean short-term demand remains elevated.
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PropCred Estimated Value

Comparable Sales: 121 Diamond Drive sold for $1,090,000 | Property Price Band: $1.0M–$1.1M | Value Drivers: land size, modern condition, wetland outlook

Bedrooms

4

Bathroom

2

Parking

2

Land

807m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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