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 12.50%.
Across a shorter period, Gorokan, 2263 has seen a median price increase of 3.45% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Gorokan is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 839th in terms of most discounted suburbs in NSW
At number 530 in a list of fastest selling suburbs, Gorokan is in the TOP 20% of suburbs in Australia with an average of days on market 47.49 for properties listed there.
Gorokan has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 10.77% to date .
When looking at the potential capital gains offered to property investors over the last 3 years, Gorokan comes in at number 46th in NSW.
Gorokan, 2263 is offering NSW ‘s 345th 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.
At number 434 in a list of fastest selling suburbs, Gorokan is in the TOP 30% of suburbs in Australia with an average of days on market 60.31 for properties listed there.
With the median price for a house in Gorokan being $360000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 4.77%