Giving property investors a a stable capital gain of 10.53% for the last year, Gorokan, 2263 is the 983th highest performer in Australia in this respect.
Gorokan,2263 was ranked 1687 in Australia by increase in median property value over the quarter.
The most recent median price for Gorokan is $420000, with sellers offering an average of -4.45% off the asking price.
Advertised rents are around the $360 mark per week – giving a return of 4.46% based on the median price in Suburb
Giving property investors a a solid capital gain of 11.48% for the last year, Gorokan, 2263 is the 304th highest performer in Australia in this respect.
Comparing Gorokan,2263 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property buyers and investors in Gorokan 2263 should be seeing an average reduction in asking price of around -2.01% . This means that Gorokan is holding prices well when compared to other suburbs in NSW.
With the median price for a house in Gorokan being $340000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 5.05%