Back 2 Palermo Street
Off Market

2 Palermo Street

Orange NSW 2800

3
1
1
407 m²
House
Simone FogartySimone Fogarty, last sold this property on 18 March 2026 after 20 days on market.

Overview

Easy Living in North Orange perfect investment

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 Orange’s 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 Features Light-filled open plan kitchen, dining and living space Kitchen with stainless steel appliances, gas cooking and ample storage Three bedrooms with built-in robes and ceiling fans Updated carpet throughout the home Ducted gas heating for year-round comfort Single lock-up garage with epoxy flooring and internal access Driveway also upgraded epoxy finish Fully fenced backyard with side access – ideal for caravans, trailers or pets Low-maintenance yard perfect for all seasons Lifestyle & Location 1.0 km walk to Waratahs Sports Club – perfect for casual dinners or local events 2.2 km to North Orange Shopping Centre (approx. 4 mins drive) 2.0 km to Orange Botanic Gardens Close to parks, walking paths and local schools Located in a peaceful and growing neighbourhood with wide streets and a community feel Smart Buyer Insights Current Rent: $570 per week Council rates - $683 per quarter Lease Terms: Tenant on a periodic lease – flexible for investors or owner-occupiers Purchase Price: $669,000 Estimated Gross Yield: Approx. 4.43% (based on current rent and sale price) Immediate Income: Tenanted investment with strong weekly return Location Demand: North Orange is highly sought-after for its access to schools, shops, and lifestyle amenities Low Maintenance Appeal: Recently upgraded flooring, low-care yard and side access Versatile Opportunity: Suitable for investors, downsizers or first-home buyers Suburb Snapshot – Orange NSW Orange 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 Disclosure Information 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.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
407 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Orange over the last 12 months, the estimated median property value of 2 Palermo Street is $670k.

Median value
$670k
Estimated value range
$430 - $2.6m
Median days on market
33
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Orange. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2 Palermo Street

2026
Sold
Undisclosed
18 Mar 2026 by Simone Fogarty, of Elever Realty
2024
Rented
Undisclosed
Leased on 18 Dec 2024 by One Agency Orange
2023
Rented
Undisclosed
Leased on 17 Feb 2023 by One Agency Orange

Happy sellers in Orange

85%
85% of sellers in Orange reported that their sale price either exceeded or met their price expectations.

Orange stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 177 reviews in Orange over the last 12 months.

Local market activity for 3 bedroom houses in Orange

In the last 12 months, 354 three-bedroom houses similar to 2 Palermo Street, have been sold.

This represents a 13% increase in three-bedroom houses sales when compared to the previous 12 months.

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