Gorokan has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 14.76% to date .
The five-year average increase in median property values for Gorokan,2263 has given property investors a potential capital gain of 81.89% across each of those five years.
Gorokan2263 is located in NSW which offers an average discount of -5.26% to property investors. Gorokan itself is showing figures that indicate -4.37% is the average achievable by property buyers investing in the suburb.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 4.10%, without taking into account capital value appreciation, which has been averaging out at 7.39%.
Gorokan, 2263 ranked 276th in NSW when comparing growth in median property values or capital gain over the last 12 months. Gorokan is one of 3163 in our list for NSW
Over the longer term, Gorokan has seen property prices show investors a 51.30% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Gorokan 2263 should be seeing an average reduction in asking price of around -3.55% . This means that Gorokan is holding prices well when compared to other suburbs in NSW.
In the last year 48 properties changed hands in Gorokan, which puts it as the 282th most active market in NSW when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.