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32 Algona Crescent, Orange NSW 2800

$475,000

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$475k - $499k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 597 m²

Listed: 10 hours ago

Overview

Located in the established suburb of Orange, this tidy three-bedroom house offers an excellent opportunity for investors or buyers seeking a low-maintenance property with secure long-term income. With a lease secured until May 2028 and reliable tenants, the investment provides immediate and steady returns, appealing to those prioritizing financial security.

The interior features a bright lounge area complemented by timber-framed windows that enhance natural light and ambiance. This space connects seamlessly to a dining area adjacent to a functional kitchen equipped with electric cooking and ample storage. Climate control is provided by a split system air conditioner, ensuring year-round comfort in the main living spaces.

Set behind a welcoming front verandah framed by mature flowering gardens, the home exhibits classic street appeal. One of the standout elements of the property is its expansive and level backyard, ideal for families or hobby gardeners. The outdoor space includes well-established garden beds, raised vegetable patches, a garden shed for storage, and scenic district views extending to nearby ranges.

Three generously sized bedrooms offer flexibility for family living or guest accommodation.
Large north-facing living area promotes natural warmth and connectivity.
Functional kitchen with essential appliances and smart storage solutions.
Outdoor amenities including a covered verandah, side carport with gated rear access, and extensive levels of usable backyard space.
Leased currently at $375 per week, due to increase to $390 per week from May 2027, ensuring consistent rental income.

This residence suits a broad demographic, including families seeking room to grow, owner-occupiers planning for the future, or investors looking for a solid, tenant-secured entry point within the Orange market.

Local Market Insights

In Orange, Quiet Listings observed 66 new houses entering the market over the last 30 days, up from 41 during the previous 30-day period, with an average advertised asking price of $1,190,803. The property type mix of listed properties is predominantly Houses at 87%, followed by units (9%), and land (4%). The most active agency for houses in the Orange area is currently Our City Real Estate Pty Ltd, representing 29% of new listings, followed by McGrath Estate Agents with 21%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.