Gorokan is an average performer in NSW when comparing median price capital growth over the last year. Gorokan gave property investors a good capital gain figure when compared to the rest of the state, with 11.20%.
Across a shorter period, Gorokan, 2263 has seen a median price increase of 3.08% over the last quarter.
Gorokan, 2263 is offering NSW ‘s 595th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
In the last year 194 properties changed hands in Gorokan, which puts it as the 71th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Gorokan being $402000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.66%
At number 101th in the list of Australian suburbs ordered by increase in median house value over the last year, Gorokan, 2263 is in the top 10% with a property value increase of 21.27% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Gorokan has increased when compared to the 5 year average annual rate.
Gorokan, 2263 is offering NSW ‘s 352th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.
Property investors should expect to get $320 weekly from the median priced house in this suburb.