48 Howelston Rd, Gorokan is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 547m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Up to 6.45% Rental Yield Opportunity
This property arguably has the highest rental yield on the Central Coast market for residential homes. This is an incredible chance to secure a property with dual income or to take advantage of convenient multi-generational living.
Moments to Tuggerah Lake, public transport, schools and shops, and only a 50 minute drive to Wahroonga.
- Dual income opportunity
- Excellent yield return
- Close to shops, schools and public transport
- Moments walk from the lake
- Perfect for multi-generational living
- Short wall to bus lines to Wyong Train Station
- Rental appraisal - $630pw
The size of Gorokan is approximately 3 square kilometres. It has 19 parks covering nearly 6.5% of total area. The population of Gorokan in 2011 was 7,681 people. By 2016 the population was 8,380 showing a population growth of 9.1% in the area during that time. The predominant age group in Gorokan is 60-69 years. Households in Gorokan are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gorokan work in a trades occupation. In 2011, 64.7% of the homes in Gorokan were owner-occupied compared with 62.8% in 2016.
Gorokan has 4,059 properties. Over the last 5 years, Houses in Gorokan have seen a 57.45% increase in median value, while Units have seen a 60.64% increase. As at 30 November 2024:
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