Oran Park

POSTAL CODE: NSW, 2570
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Property investors enjoyed capital gains of 9.11% over the last 12 months in ORAN PARK, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 5.91% growth over a ten-year period. It ranks 2767th on our list of suburbs that property investors should look into.

ORAN PARK, 2570 has a capital gain of 9.11% for the past year, which is lower than average compared to its 64.82% growth within a five-year period.

With the median home price in ORAN PARK sitting at $1,162,000, and the average rent at $750, property owners could potentially earn a 3.36% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in ORAN PARK are low, as opposed to average gains per annum over the past five years.

ORAN PARK, 2570 in NSW belongs to the local government area of Camden.

Surburb overview

Situated in the thriving southwest corridor of the NSW capital, Sydney, Oran Park is a rapidly growing suburb littered with master-planned communities, modern amenities, and convenient access to major employment hubs. It was formerly a mixture of farmland and the infamous Oran Park Raceway before major developments commenced midway through the 2010s.

Development of the region continues to occur, especially as the population, which jumped from 4,700 people in the 2016 Census to almost 18,000 at the 2021 Census, with the construction of thousands of homes, townhouses, and units in the pipeline to service growing demand.

Aside from its residential offerings, the region boasts a state-of-the-art town centre, several new schools, 148 hectares of open space, two dozen playgrounds, parks, and recreation areas, and improved connections conducive to walking and cycling, which add to the region’s appeal to growing families, among others.

With the potential for solid capital growth and rental yields, Oran Park represents a smart investment for those seeking long-term returns thanks to the suburb’s ongoing development, with the region popular among overseas immigrants, who account for over 10 per cent of the suburb’s population.

Several motorways — including Camden Valley Way, the Hume Highway, and the M5 and M7 motorways — lie within a short drive of the region, which, in conjunction with new bus networks and train lines, connect residents right across Sydney and down to Wollongong in just over an hour.

Kevin Brogan from Herron Todd White believes “there are a few examples that show if a master plan is done right and a community lifestyle is created, the area will flourish and price increases will follow. For example, Oran Park is one of the best performing new estates in South Western Sydney, and the master plan creates an all-inclusive community lifestyle”.

“Another example is Wilton, located further south; the last 12 months have seen a large spike in both interest and values as buyers are seeking a lifestyle change. Menangle Park has the potential to offer both an inclusive lifestyle in a rural setting with a town hub.”

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