McGrath Open Home Guide: Orange **

Open Homes Guide Central West

21 - 27 February 2026

How the “sandwich generation” is shaping current and future housing The Reserve Bank of Australia (RBA)’s 0.25% rate rise two weeks ago was largely expected by industry experts and lenders.

But our first increase since November 2023 was unsurprisingly, not welcome news for home owners and buyers.

Cotality believes that while the lift to 3.85% won’t alter the immediate housing market balance, the outlook for the cash rate remains clouded. At the same time, the national Home Value Index has already risen by 9% since the rate cutting cycle began a year ago.

These statistics are significant, especially for sellers, but it’s Generation (Gen) X who stands to enjoy some of the biggest property benefits. So much so that this “sandwich generation” (aged 46-60 and caught between looking after parents living longer and children not leaving home) is already shaping current and future housing, including State and Federal policies.

We explore Gen X’s strong housing stance, and what this means for them and the market, in our McGrath Report 2026. As I’ve previously observed, Gen Xers have the largest housing portfolio of any generation and are the clear winner of the generational capital gains race.

But this generation’s impressive position, as well as concerns such as the continuing costof-living crisis, is resulting in a major societal change: increasingly high numbers of multigenerational households. Australia’s many different cultures, where such households are the norm, is another reason for this move.

An analysis of Australian Bureau of Statistics (ABS) data in June 2025 found one in five households is now multigenerational, up 22% from 2016. In addition, an Australian Institute

of Family Studies survey, published in June 2023, showed the proportion of 19-year-olds living with their parents has lifted from 63% in 2006 to 72% in 2021.

life smoother and easier for Gen Xers and their family households while also adding significant value to properties and decreasing the pressure on our housing market.

Such numbers are only expected to rise in the future too. An evaluation of the ABS’ 2024 Household and Family Projections report showed multi-generational households is expected to be a prevailing model for at least the next 20 years.

This latter concern is one of the main reasons why governments are changing their tune on granny flats. In 2021, the Federal Government changed its laws to ensure granny flats could be set up for family members, without exposing the entire family home to capital gains tax.

These figures are resulting in one common issue: a growing desire for larger homes, which can support three generations under one roof. Think separate living areas, extra storage space, dual kitchens and bathrooms, and easy access to different storeys.

Unfortunately, such homes aren’t readily available. According to the Housing Industry of Australia (HIA) and ABS data in February 2025, the average size of Australian dwellings has been on a steady, though modest, decline over the past 15 years. More than 70% of new home constructions in 2022-23 were also apartments, rather than detached homes.

And of course, Australia’s construction industry issues aren’t helping this situation.

At the same time, many housing developers are now acknowledging the high number of multigenerational households, and producing new, and larger homes for these people.

Other developers offer the option of home designs to suit such families.

But it’s the recent government policy changes to granny flats that have changed the multigenerational real estate space the most.

These new policies are making property

Furthermore, in recent years, every state and territory government has streamlined planning and building approvals for granny flats, or has relaxed its legislation around these secondary dwellings. New rental laws in some areas have also enabled home owners to rent these dwellings to anyone. In other locations, homeowners can now subdivide their land, so they can demolish the family home and build two or more new dwellings for parents or children.

These government amendments are a big reason why builders expect to construct 10 times more granny flats in 2026, compared to 2022, according to a HIA survey in April last year.

There are many benefits to multigenerational living, and I’m looking forward to seeing more of these households in our property industry in the future. I certainly believe the number of these households will only increase.

John McGrath CEO & FOUNDER

Want more? For the latest articles, checklists, guides and more visit McGrath’s Insights Centre at www.mcgrath.com.au/articles

This information is provided subject to our Terms and Conditions on mcgrath.com.au

Scott Petersen

“Recently sold a property with Scott’s aid and would not hesitate to use his services again. It is easy to see he has a great familiarity with the local market, he is very genuine with his advice, and he engages with you regularly. If you choose Scott to be your agent, his proactive approach to selling gives you confidence that your property is being sold with the right team.”

Born and raised on a large property in the country, Scott Petersen brings an exceptional depth of industry knowledge and a refreshingly down to earth manner to his role as Rural Sales Specialist. Honest and open, Scott takes a personal approach to property, and is always willing to go above and beyond to ensure his clients’ needs are met.

He maintains a level head under pressure, while his easy-going nature, excellent communication skills and willingness to help others ensure dealing with Scott is a pleasurable experience. Specialising in and around Orange and Molong, he is the go-to rural/lifestyle expert with record sales results under his belt. Scott appreciates the opportunity to be part of such a well respected and high performing real estate brand. His passion, professionalism and commitment to first class customer service tie in perfectly with McGrath’s core values and work ethic, making Scott Petersen the ideal person to assist with any of your buying or selling needs in the Molong/Orange region.

Scott Petersen

0408 583 099 scottpetersen@mcgrath.com.au

This Saturday’s open homes ORANGE Address

View

Agent

Mobile

26 Sophie Dr, Orange

10.00am - 10.30am

Jack Aumuller

0481 985 825

7 Dougherty Pl, Orange

10.00am - 10.30am

Josh Fitzgerald

0414304898

16 McLachlan St, Orange

10.00am - 10.30am

Josh Fitzgerald

0414304898

28 Prince St, Orange

10.45am - 11.15am

Josh Fitzgerald

0414304898

31 Pippin Way, Orange

11.00am - 11.30am

Scott Petersen

0408 583 099

35A Larela Cct, Orange

11.30am - 12.00pm

Josh Fitzgerald

0414304898

8 Rowan St, Orange

11.30am - 12.00pm

Jack Aumuller

0481 985 825

78B Forbes Rd, Orange

11.30am - 12.00pm

Josh Fitzgerald

0414304898

1 - 28 Clontarf Close, via Ploughmans Lane, Orange

12.15pm - 12.45pm

Josh Fitzgerald

0414304898

10 Clontarf Cl, Orange

12.15pm - 12.45pm

Josh Fitzgerald

0414304898

74 March St, Orange

12.15pm - 12.45pm

Josh Fitzgerald

0414304898

What to look for when buying a holiday home.

Buying a holiday home is a dream for many people who want to have a place to escape to during their time off work, but it can be a daunting process.

With so many options available, it can be difficult to know where to start.

Here are our Top 5 Tips on how to buy a holiday home: BUDGET Firstly, it is important to decide on a budget. This will help narrow down your options and focus on properties that are within your price range. It is generally recommended that you spend no more than 30% of your income on a holiday home, as this will ensure that you can afford maintenance, associated fees or taxes.

LOCATION When it comes to location, there are pros and cons to buying a holiday home close to home versus further afield. If you live in a city, then a beach or country location may be appealing, while those who already live in the country may prefer a city location. It is important to consider factors such as travel time, accessibility, and local amenities when choosing the ideal location.

PROPERTY TYPE When it comes to the type of property to buy, you’ll need to decide whether an apartment, townhouse or house best suits your needs. Apartments are often a more affordable option and require less maintenance, but can be smaller and less private than houses. Townhouses offer a balance between apartments and houses, but may come with additional costs such as shared maintenance fees.

SHARED HOLIDAYS If you’re considering sharing the purchase of a holiday home with family members or friends, this can be a great way to split the costs and ensure that everyone has access to holiday accommodation year-round. However, it is important to set clear boundaries and rules around usage and maintenance to avoid any conflicts in the future.

MAINTENANCE You’ll need to ensure that the property is well-maintained and secure, even when you’re not there. So factor in the cost of insurance, repairs, and any associated fees or taxes.

Orange | Molong | Bathurst

2 Sale Street, Orange 20 beds 12 baths 15 cars

4229 Bobadah Road, Bobadah 3 beds 1 bath

142 Beasley Road, Orange 4 beds 3 baths 5 cars

SALE Price Guide On Request View By Appointment Agent Jack Aumuller 0481 985 825 Rachel Smith 0499 820 763

SALE Price Guide $5,500,000-$6,000,000 View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

SALE Price Guide $4,500,000-$4,700,000 View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

2593 Four Mile Creek Road, Orange Land

565 Nyes Gate Road, Millthorpe 3 beds 2 baths 2 cars

432 Cargo Road, Orange 6 beds 3 baths 4 cars

SALE Price Guide On Request View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

SALE Price Guide On Request View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

SALE Price Guide On Request View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

5154 Mitchell Highway, Orange 4 beds 3 baths 13 cars

2 Cherrywood Close, Orange 4 beds 2 baths 2 cars

30 Kite Street, Orange 4 beds 3 baths 1 car

SALE Price Guide $2,900,000-$3,100,000 View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $2,700,000 - $2,900,000 View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $2,400,000 - $2,500,000 View By Appointment Agent Jack Aumuller 0481 985 825 Rachel Smith 0499 820 763

Open and Auction times can be subject to last-minute changes after this booklet has been printed, please check on www.mcgrath.com.au for any change to a specific property you are interested in.

Orange | Molong | Bathurst

19 Wallace Lane, Orange 5 beds 3 baths 6 cars

79 Thompson Road, Orange 4 beds 2 baths 2 cars

318 Belgravia Road, Orange 4 beds 2 baths 3 cars

SALE Price Guide $2,100,000-$2,300,000 View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $2,200,000 View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

SALE Price Guide $2,000,000-$2,200,000 View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

74 March Street, Orange 3 beds 2 baths 1 car

6 Clontarf Close, Orange 5 beds 2 baths 5 cars

24 Clontarf Close, Orange 4 beds 2 baths 2 cars

SALE Price Guide $1,600,000 - $1,700,000 View Saturday 12.15pm - 12.45pm Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

13 Clontarf Close, Orange 4 beds 2 baths 3 cars

15 Clontarf Close, Orange 5 beds 3 baths 2 cars

8 Rowan Street, Orange 4 beds 3 baths 2 cars

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $1,400,000-$1,450,000 View Saturday 11.30am - 12.00pm Agent Jack Aumuller 0481 985 825 Rachel Smith 0499 820 763

Open and Auction times can be subject to last-minute changes after this booklet has been printed, please check on www.mcgrath.com.au for any change to a specific property you are interested in.

Orange | Molong | Bathurst

8 Clontarf Close, Orange 4 beds 2 baths 3 cars

10 Clontarf Close, Orange 4 beds 2 baths 2 cars

1 Bathurst Road, Orange 1 bath

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $1,290,000 - $1,340,000 View Saturday 12.15pm - 12.45pm Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $1,300,000-$1,400,000 View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

26 Clontarf Close, Orange 4 beds 2 baths 2 cars

156a Hill Street, Orange 3 beds 2 baths 2 cars

98 McKay Road, Orange 3 beds 2 baths 3 cars

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $1,250,000-$1,300,000 View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide On Request View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

37 Westerly Drive, Orange 4 beds 2 baths 6 cars

2364 Ophir Road, Orange 4 beds 2 baths 4 cars

16 Clontarf Close, Orange 4 beds 2 baths 2 cars

SALE Price Guide $1,300,000 View By Appointment Agent Jack Aumuller 0481 985 825 Rachel Smith 0499 820 763

SALE Price Guide $1,300,000-$1,400,000 View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

Open and Auction times can be subject to last-minute changes after this booklet has been printed, please check on www.mcgrath.com.au for any change to a specific property you are interested in.

Orange | Molong | Bathurst

9 Clontarf Close, Orange 4 beds 2 baths 2 cars

78B Forbes Road, Orange 4 beds 2 baths 2 cars

20 Clontarf Close, Orange 4 beds 2 baths 2 cars

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $1,250,000 - $1,350,000 View Saturday 11.30am - 12.00pm Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

80 Stevenson Way, Orange 4 beds 2 baths 2 cars

5 Clontarf Close, Orange 4 beds 2 baths 2 cars

3 Clontarf Close, Orange 4 beds 2 baths 2 cars

SALE Price Guide $1,180,000 - $1,250,000 View By Appointment Agent Tori White 0422 424 601

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

7 Clontarf Close, Orange 4 beds 2 baths 2 cars

26 Sophie Drive, Orange 4 beds 2 baths 4 cars

1 - 28 Clontarf Close, Orange

SALE Price Guide On Request View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $950,000 - $1,000,000 View Saturday 10.00am - 10.30am Agent Jack Aumuller 0481 985 825 Rachel Smith 0499 820 763

SALE Price Guide On Request View Saturday 12.15pm - 12.45pm Agent Josh Fitzgerald 0414304898 Jack Aumuller 0481 985 825

4 beds

2 baths

2 cars

Open and Auction times can be subject to last-minute changes after this booklet has been printed, please check on www.mcgrath.com.au for any change to a specific property you are interested in.

Orange | Molong | Bathurst

35A Larela Circuit, Orange 4 beds 3 baths 2 cars

31 Pippin Way, Orange 5 beds 2 baths 2 cars

28 Prince Street, Orange 3 beds 2 baths 1 car

SALE Price Guide $900,000-$960,000 View Saturday 11.30am - 12.00pm Agent Josh Fitzgerald 0414304898

SALE Price Guide $850,000-$900,000 View Saturday 11.00am - 11.30am Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

SALE Price Guide On Request View Saturday 10.45am - 11.15am Agent Josh Fitzgerald 0414304898 Team Fitzgerald

16 McLachlan Street, Orange 3 beds 1 bath 1 car

7 Dougherty Place, Orange 3 beds 1 bath 1 car

62B Centennial Crescent, Orange Land

SALE Price Guide $650,000-$700,000 View Saturday 10.00am - 10.30am Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $630,000 - $650,000 View Saturday 10.00am - 10.30am Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $620,000 View By Appointment Agent Josh Fitzgerald 0414304898 Jack Aumuller 0481 985 825

62A Centennial Crescent, Orange Land

174 Shiralee Road, Orange Land

50 Ferguson Street, Canowindra 2 beds 1 bath

SALE Price Guide $600,000 View By Appointment Agent Josh Fitzgerald 0414304898 Jack Aumuller 0481 985 825

SALE Price Guide $599,000 View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $550,000 View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

Open and Auction times can be subject to last-minute changes after this booklet has been printed, please check on www.mcgrath.com.au for any change to a specific property you are interested in.

Orange | Molong | Bathurst

15 Mountain Vista, Orange Land

Lot 174, Sundowner Street, Orange Land

Lot 121, Whitebox Street, Orange Land

SALE Price Guide $510,000-$530,000 View By Appointment Agent Scott Petersen 0408 583 099 Lauren Jones 0439 620 500

SALE Price Guide $380,000 View By Appointment Agent Josh Fitzgerald 0414304898 Jack Aumuller 0481 985 825

SALE Price Guide $335,000 View By Appointment Agent Josh Fitzgerald 0414304898 Jack Aumuller 0481 985 825

8 Mallard Way, Orange Land

Shiralee Estate, Tanika Street, Orange Land

Lot 49, Joseph Street, Orange Land

SALE Price Guide $330,000 View By Appointment Agent Josh Fitzgerald 0414304898 Team Fitzgerald

SALE Price Guide $295,000 View By Appointment Agent Josh Fitzgerald 0414304898 Jack Aumuller 0481 985 825

SALE Price Guide $299,000 View By Appointment Agent Josh Fitzgerald 0414304898 Jack Aumuller 0481 985 825

502 Banjo Paterson Way, Molong 5 beds 3 baths 3 cars

39 Riddell Street, Molong 4 beds 2 baths 4 cars

39 Thistle Street, Molong 4 beds 2 baths 4 cars

SALE Price Guide $1,350,000 - $1,450,000 View By Appointment Agent Jodi Murray 0428 461 910 Scott Petersen 0408 583 099

SALE Price Guide $1,300,000 View By Appointment Agent Jodi Murray 0428 461 910

SALE Price Guide $1,050,000 View By Appointment Agent Jodi Murray 0428 461 910

Open and Auction times can be subject to last-minute changes after this booklet has been printed, please check on www.mcgrath.com.au for any change to a specific property you are interested in.

Orange | Molong | Bathurst

97-99 Kiewa Street, Manildra 9 beds 4 baths 4 cars

172 Hill Street, Molong 2 beds 1 bath 3 cars

39 Queen Street, Molong Land

SALE Price Guide $750,000-$790,000 View By Appointment Agent Jodi Murray 0428 461 910

SALE Price Guide $500,000 -$550,000 View By Appointment Agent Jodi Murray 0428 461 910

SALE Price Guide $450,000 - $490,000 View By Appointment Agent Lauren Jones 0439 620 500 Scott Petersen 0408 583 099

17 Penrose Close, Molong Land

7 Keppel Street, Bathurst

808 White Rock Road, Bathurst 7 beds 3 baths 6 cars

SALE Price Guide $395,000 View By Appointment Agent Jodi Murray 0428 461 910

EXPRESSIONS OF INTEREST Price Guide On Request View By Appointment Agent Todd Houghton 0415 505 555 Josh Fitzgerald 0414304898

SALE Price Guide $3,750,000-$3,850,000 View By Appointment Agent Todd Houghton 0415 505 555 Scott Petersen 0408 583 099

153 Triangle Flat Road, Rockley 5 beds 1 bath 9 cars

19 Sydney Road, Raglan 3 beds 1 bath 6 cars

SALE Price Guide $1,150,000 View By Appointment Agent Todd Houghton 0415 505 555

SALE Price Guide $750,000-$770,000 View By Appointment Agent Todd Houghton 0415 505 555

Open and Auction times can be subject to last-minute changes after this booklet has been printed, please check on www.mcgrath.com.au for any change to a specific property you are interested in.

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Central West

ST GEORGE SUTHERLAND SHIRE ILLAWARRA

CANTERBURY-BANKSTOWN STRATHFIELD

SOUTHERN HIGHLANDS

Thinking of Buying Out of Area?

CENTRAL WEST

Our Property Management team Orange, Molong & Bathurst

Bec Hammond

Dearne Yeghoyan

Orange & Molong 0401 622 447 rebeccahammond@mcgrath.com.au

Central West 0400 795 271 dearneyeghoyan@mcgrath.com.au

At McGrath Property Management in Orange, Molong and Bathurst, our dedicated team takes pride in delivering exceptional service tailored to landlords and tenants alike. From comprehensive property marketing to thorough tenant screening, proactive maintenance coordination, and transparent financial reporting, we handle every aspect of property management with professionalism and care.

For more information about how our services can benefit you, please contact our Business Development Manager Rebecca Hammond in Orange and Molong or Dearne Yeghoyan in Central West.

We’re here to help you achieve your property investment goals.

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Meet your sales team Orange | Bathurst | Molong

Josh Fitzgerald Principal 0414 304 898

Scott Petersen Sales Agent 0408 583 099

Tori White

Sales Agent 0422 424 601

Jodi Murray Sales Agent 0428 461 910

Lauren Jones

Jack Aumuller

Katie Haslop

Baden Smith

Client Service Manager – Team Petersen 0439 620 500

Sales Agent – Team Fitzgerald 0481 985 825

Meet your asset management team

Tayla Sartor

Senior Portfolio Manager 0432 800 296

Dearne Yeghoyan Head Of Property Management 0400 795 271

Rebecca Hammond Business Development Manager 0401 622 447

Amanda Lavis Senior Portfolio Manager 0429 459 493

Meet your marketing and operations team

Zhenya Simkins

Property Management Assistant 02 6331 5555

Chelsea Hosking

Client Service Manager 02 6331 5555

Sharon England

Head of Agent Services 02 6331 5555

Portfolio Manager 0490 073 794

Business Development Manager/Senior Portfolio Manager 0481 180 151

Todd Houghton Sales Specialist 0415 505 555

Orange 02 7903 0753 Bathurst 02 6331 5555 Molong 02 6311 1534

Guiding you home