Powered by MOMENTUM MEDIA
Gorokan
AREA REPORTS

Gorokan

Gorokan - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2263

house
unit

Property investors enjoyed capital gains of 15.38% over the last 12 months in GOROKAN, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 7.22% growth over a ten-year period. It ranks 374th on our list of suburbs that property investors should look into.

GOROKAN, 2263 has a capital gain of 15.38% for the past year, which is higher than average compared to its 36.72% growth within a five-year period.

With the median home price in GOROKAN sitting at $525,000, and the average rent at $382.5, property owners could potentially earn a 3.79% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GOROKAN are low, as opposed to average gains per annum over the past five years.

GOROKAN, 2263 in NSW belongs to the local government area of Central Coast (C) (NSW).

Data report can be found below

Gorokan
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $525,000 $385,000
GROWTH REPORT
Median Quarterly 4.84% 3.01%
Median 12 month 15.38% 12.41%
Median 3 years 5% 2.67%
Median 5 years 36.72% 22.22%
10 years average annual 7.22% 5.48%
Weekly media advert. rent $382.5 $340
Time on Market 45.2 days 52.4 days
Gross Rental Yield Percent 3.79% 4.59%
demographics (median values)*
Total Population
24267
Weekly Household Income
980
Household Size
2.30
Age
45
Monthly Loan Repayment
1538
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.