2 Palermo St, Orange is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2009. The property has a land size of 407m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Beautifully presented and filled with natural light, this updated three-bedroom home is perfect for buyers seeking comfort, convenience, and minimal upkeep. Located just moments from North Orange Shopping Centre, Waratahs Sports Club, and the Botanic Gardens, it offers a lifestyle of ease in one of Oranges most family-friendly areas.Updated carpet and epoxy flooring in both the garage and driveway add a modern touch. With side access for a caravan, trailer or boat, this fully fenced property is ideal for downsizers, small families or savvy investors looking for a quality home in a growing pocket of Orange.Key FeaturesLight-filled open plan kitchen, dining and living spaceKitchen with stainless steel appliances, gas cooking and ample storageThree bedrooms with built-in robes and ceiling fansUpdated carpet throughout the homeDucted gas heating for year-round comfortSingle lock-up garage with epoxy flooring and internal accessDriveway also upgraded epoxy finishFully fenced backyard with side access ideal for caravans, trailers or petsLow-maintenance yard perfect for all seasonsLifestyle & Location1.0 km walk to Waratahs Sports Club perfect for casual dinners or local events2.2 km to North Orange Shopping Centre (approx. 4 mins drive)2.0 km to Orange Botanic GardensClose to parks, walking paths and local schoolsLocated in a peaceful and growing neighbourhood with wide streets and a community feelSmart Buyer InsightsCurrent Rent: $570 per weekCouncil rates - $683 per quarter Lease Terms: Tenant on a periodic lease flexible for investors or owner-occupiersPurchase Price: $669,000Estimated Gross Yield: Approx. 4.43% (based on current rent and sale price)Immediate Income: Tenanted investment with strong weekly returnLocation Demand: North Orange is highly sought-after for its access to schools, shops, and lifestyle amenitiesLow Maintenance Appeal: Recently upgraded flooring, low-care yard and side accessVersatile Opportunity: Suitable for investors, downsizers or first-home buyersSuburb Snapshot Orange NSWOrange is a thriving regional hub in the Central Tablelands, known for its four-season climate, excellent food and wine, and strong community feel. With highly rated schools, modern healthcare, and a growing economy supported by health, education, and mining, Orange continues to attract both residents and investors looking for lifestyle and long-term growth.Information DisclosureInformation published by Elever Realty on its website and in its advertising and marketing materials is obtained from sources the Agency deems trustworthy and reliable. While we make every effort to obtain and use accurate information, we take no responsibility for any inaccuracies within that information and will not be liable for any losses incurred through its use. We recommend that interested people source their own information before making decisions.
The size of Orange is approximately 150.6 square kilometres. It has 98 parks covering nearly 4.0% of total area. The population of Orange in 2016 was 38097 people. By 2021 the population was 41232 showing a population growth of 8.2% in the area during that time. The predominant age group in Orange is 0-9 years. Households in Orange are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orange work in a professional occupation.In 2021, 63.20% of the homes in Orange were owner-occupied compared with 61.80% in 2016.
Orange has 22,749 properties. Over the last 5 years, Houses in Orange have seen a 55.80% increase in median value, while Units have seen a 59.91% increase. As at 28 February 2026:
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