In the year to September 2019, Dubbo's median rent from one to four bedroom houses all increased.

The highest increase was in one bedroom dwellings which rose 7.14 per cent, making the median rent $235. Rent for two bedroom homes increased by 2.83 per cent with a median of $273.

Meanwhile, three bedroom dwellings had a 6.06 per cent increase with a median of $350 and four bedrooms had a 2.5 per cent rise with a median rent of $410.

"It's quite good for Dubbo considering the drought," Ms Chapman said.

She said there had been a perception that Dubbo was struggling due to the impact of the drought on the agricultural sector, but the figures showed the rental economy was strong.

ALSO MAKING NEWS:

"We're always hoping it's going to be this good for investors. It's good to have these statistics and data show that the market can still offer us good returns given the climate conditions that we have had," Ms Chapman said.

Across the six centres in this region - Dubbo, Bathurst, Orange, Wagga Wagga, Albury and Tamworth - most rental prices have increased.

"In 24 categories across six centres, the only falls in the median rents in the year to September where one bedrooms in Orange, Wagga and Albury, and four bedrooms in Bathurst," Ms Chapman said.

"The other 20 categories were either unchanged or higher. The biggest increases were one bedrooms in Bathurst, two bedrooms in Albury and three bedrooms in Dubbo and Orange."

Across Orana, there was a 2.4 per cent vacancy in January 2020. It's higher than the 1.9 per cent vacancy in January 2019. But Ms Chapman said the figure was positive.

She said there had been a low rental vacancy figure in Dubbo for quite a while, which showed how many properties were teneted.

The low vacancy and the high number of bonds demonstrated a high demand for rental properties, Ms Chapman said.

"The conclusions we can draw from the broad figures are that regional employment is holding up, and demand is more than coping wit supply, including generally high dwelling construction and investor buying over the years 2018 and 2019."