Investment property in Gorokan has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.53%
Taking the average capital gain, or increase in median house value, Gorokan,2263 has racked up an average of 10.53% over the period. This ranks it number 400th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Gorokan is $420000, with sellers offering an average of -4.72% off the asking price.
Renters in Suburb are facing rents around $4320 per annum or $360 every week.
Investment property in Gorokan has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.47%
If we look at median property appreciation over just the last three months, Gorokan has given property investors a paper return of 3.02%. This puts Suburb as 164 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -2.57% to buyers in Gorokan at the moment, which is less than average for the rest of NSW.
In the last year 59 properties changed hands in Gorokan, which puts it as the 234th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $330 mark per week – giving a return of 5.05% based on the median price in Suburb