Orange has recorded nearly 100 more house sales in the past 12 months than any other area in Australia.
Property analysts CoreLogic's Best of the Best 2020 report found there were 891 houses sold in Orange with the next best being Kellyville in Sydney and Pakenham in Melbourne each with 796 houses sold.
The only place in Australia to record more property sales than Orange was Surfers Paradise which had 1265 unit sales.
It's not surprising to me at all, [with] the volume of buyers out thereJosh Fitzgerald, Fitzgerald Estate Agents
Orange was also second, behind Port Macquarie, for the total value of houses sold in regional Australia with sales valued at $441 million.
Dubbo was fifth on this list with its 780 house sales totalling $318 million.
Orange also recorded the fifth highest increase in rents for units in regional NSW with prices rising by 10.4 per cent to a median cost of $306 a week.
The report found regional areas [up 5.7 per cent] had outperformed capital city areas [2.4 per cent] for growth in 2020.
"[This] can be attributed to a combination of factors, including the new-found popularity of remote working, but also less of a demand shock across regional Australia caused by border closures, and the relative affordability of regional Australian dwellings," it said.
Fitzgerald Estate Agents director Josh Fitzgerald said there had been plenty of demand for property in Orange.
"It's not surprising to me at all, [with] the volume of buyers out there," he said.
Mr Fitzgerald said there had been an increase in the number of properties for sale in Orange in the past three-four months.
He said the number of sales in Orange was actually fewer than some previous years where more than 1000 had sold.
Mr Fitzgerald said it was likely more properties would be sold by auction next year.
"We're getting multiple offers on most properties at the moment," he said.
Century21 Combined Orange director Andrew Vogler said he expected the market would continue to be busy into the new year.
"We have a few properties coming on the market for January," he said.
Mr Vogler said his recent sales had included a property on Thomas Kite Lane, part of the Windera Estate on Molong Road.
He said the $1.46 million price tag was likely a record for the out-of-town estate.
Mr Vogler said the strong demand for Orange showed that people needed to have their finances sorted and be ready to act quickly when a property they wanted came on sale.
"You need that pre-approval before you go out seriously looking," he said.
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