29 Algona CrescentOrange NSW 2800
Property Details for 29 Algona Cres, Orange
29 Algona Cres, Orange is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 564m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Last Listing description (November 2023)
Discover an extraordinary investment prospect embodied by 29 Algona Crescent a genuine treasure for astute investors. This property not only assures remarkable returns but also delivers a seamless and stress-free investment journey.
A significant advantage of this property lies in its strong rental income potential. It currently houses dependable tenants who are already paying $400 per week in rent. This means you can expect a steady and reliable income right from the start, without the usual challenges of tenant search and screening.
Furthermore, much of the hard work has already been completed, adding significant value to this investment. Recent upgrades include newly installed flooring, a fresh coat of paint throughout the entire property, and a modern kitchen complete with a dishwasher. These updates not only enhance the property's visual appeal but also reduce your future maintenance expenses.
- Immediate rental income with existing tenants in place paying $400p/w
- Newly installed kitchen with dishwasher
- Freshly painted throughout
- Recently upgraded floating floors and carpet
- 3 good sized bedrooms
- Low maintenance garage
- Plenty of underhouse storage
*Property has been virtually styled with photos prior to tenant occupying
Property History for 29 Algona Cres, Orange, NSW 2800
- 20 Dec 2023Sold for $380,000
- 23 Oct 2023Listed for Sale $389,000
- 04 Aug 2023Listed for Rent $400 / week
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0About Orange 2800
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 22,682 properties. Over the last 5 years, Houses in Orange have seen a 57.57% increase in median value, while Units have seen a 67.67% increase. As at 31 December 2025:
- The median value for Houses in Orange is $703,255 while the median value for Units is $494,079.
- Houses have a median rent of $560 while Units have a median rent of $458.
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