All About Orana, Albany, WA, 6330

The housing market in Orana, a suburb of Albany, WA, presents a unique blend of opportunities and challenges for potential buyers and renters. Known for its relatively affordable housing compared to larger urban centers, Orana offers a range of property types, from traditional family homes to modern developments. The region has experienced moderate growth in housing prices over the past few years, mirroring the national trend but at a more controlled pace. This has made it an attractive option for first-time buyers and families seeking more space without the hefty price tag associated with major cities. The competitive pricing is complemented by the suburb's proximity to Albany's amenities, making it a desirable location for those wanting a suburban lifestyle with easy access to urban conveniences.

Living in Orana provides residents with a tranquil lifestyle, characterized by a close-knit community and a strong sense of local identity. The suburb is framed by the natural beauty of the Great Southern region, offering easy access to picturesque beaches, parks, and hiking trails, which appeal to outdoor enthusiasts and families alike. Orana itself is well-equipped with essential services, schools, and recreational facilities, ensuring a comfortable and convenient daily life. The vibrant local community is reflected in various neighborhood events and markets, fostering a warm and welcoming atmosphere. While it is peaceful and removed from the hustle and bustle of city life, Orana benefits from its proximity to Albany, which is just a short drive away, providing additional educational, shopping, and cultural experiences.

Orana Real Estate Market Outlook

Thinking about buying in Orana? Now could not be a better time, with 1265 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $464,000 with prices in this suburb ranging from $138,000 to $651,000. Orana is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Orana there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Incomes in Orana are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. Low average earnings from people in Orana leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Medium density in Orana necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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