does anyone know how much property prices in orange have grown over the last 2 years?
Currently have an ip and just curious as to the growth, i know there are websites i can check, but sometimes they are not a good generalisation
Based on RP Data tables from YIP mag for houses:
Current Median: $295,000
12 Month Growth: 5.45%
3 Year Growth: 9.35%For 2 years, I would say 6 to 7% based on those figures.
The 2011 Census results will show the population growth/decline over the past 5 years. I don't know exactly when these results come out, but they should prove extremely helpful.
It doesn't give exact property figures, but it will show you if demand is increasing or decreasing. Increasing demand = higher prices (generally speaking).
Ryan McLean
ps. If you are interested in positive cash flow property please check out my Positive Cash Flow Property Blog
Ryan McLean | On Property
http://onproperty.com.au
Email MeDo a search on Orange on this forum. We've talked about it several times at different levels.
Its still very much a land of opportunity. But it has its problems.
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