22 Miriam Drive, Orange NSW 2800
22 Miriam Drive, Orange NSW 2800
4-bed house in Orange | 647sqm block | last sold 2021 for $325k | estimated value around $855k
This is a competitively positioned four-bedroom house on a mid-sized suburban block in Orange, a configuration that consistently draws family-oriented buyers and local investors. The 647 square metre lot provides practical outdoor space without being oversized, and the absence of flood or heritage notation reduces two common due diligence concerns. Last sold in June 2021 for $325,000, the property has seen substantial value growth, reflecting both broader market conditions and Orange’s steady demand for detached family housing. It serves best buyers seeking an established suburban home with room to add value through cosmetic or functional updates, rather than a turnkey premium property.
The estimated value range of $740,000 to $980,000 is wide, which may signal limited recent comparable sales data or variability in condition. A buyer should weigh whether the 2021 sale price reflects a property that needed work, as the lack of detail on finishes and building age means the true condition is unknown. The 647 square metre block is standard for the area, so land value alone is unlikely to drive a premium. Without school catchment specifics or rental yield data, the price ceiling may depend more on how the house presents internally than on location or investment metrics alone.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 22 Miriam Drive, Orange NSW 2800
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.