Domain Real Estate’s chief economist Andrew Wilson said over the previous 12 months the median price for Orange has increased by 8.6 per cent from $339,000.

The majority of the increase was in the past three months to December, 2016, when the median price had increased by 5.7 per cent or $20,000.

“A recent revival in the local economy brought new life to the Orange market,” Dr Wilson said.

“House prices continue to track upwards, with buyer and seller interest steadily on the rise.”

Other Central West and regional NSW centres didn’t fare as well.

Dr Wilson said Dubbo’s price growth had only been 0.6 per cent to $360,000, but said the city was “one to watch” in 2017.

Ray White Orange’s principal Libby Seaman said buyer demand in Orange had soared since October last year.

“It was like someone turned on a light bulb and it hasn’t stopped,” Ms Seaman said.

“Buyers have started coming out of nowhere.”

Ms Seaman said while the mine played a role, it was the city’s education and health service credentials that were behind the increase.

“They’re coming off the land and from Sydney and the mountains,” she said.

“If you look at the dynamics of Orange and other regional cities, you would struggle to find one with four private schools and set to get a second private hospital.”

That demand from buyers is fueling higher property prices.

“The market is flooded with buyers from the low to the high price ranges,” Ms Seaman said.

“Properties are selling for full-price. If you want the property, you have to pay full price.”

Ms Seaman said one open home last weekend attracted 23 potential buyers, with an offer lodged the same afternoon.

“Today, if you’re in a position to buy a property, buyers have to have all their ducks in a row because it’s competitive.”​