At number 985th in the list of Australian suburbs ordered by increase in median house value over the last year, Gorokan, 2263 is in the top 30% with a property value increase of 14.39% recorded in median house prices.
A 79.60% growth in median value for property investors in Gorokan,2263 puts this suburb at number 451th in terms of best performing suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Gorokan, 2263. Typically our figures indicate that -3.75% is being offered, which puts this NSW suburb at 3132th most discounted overall in Australia.
Residents and property investors in Gorokan have been waiting around 40.43 days to sell a property.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.08%, without taking into account capital value appreciation, which has been averaging out at 7.19%.
Over the last year, property investments in Gorokan, 2263 have given investors a capital gain of 10.45%. This compares favourably with the 8.31% for NSW as a whole.
Gorokan,2263 has offered an average of 10.45% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.14% offered to property buyers. Sellers in Gorokan itself are offering an average vendor discount of -3.69% to real estate investors.
At number 211 in a list of fastest selling suburbs, Gorokan is in the TOP 20% of suburbs in Australia with an average of days on market 42.9 for properties listed there.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.