SOLD
Sold on 26 Feb 2024 for $680,000

5 Melrose Avenue
Gorokan NSW 2263

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 68m2
Land area: 621m2
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Sold By
Kimberley & Sarah
Wiseberry Charmhaven
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Property Details for 5 Melrose Ave, Gorokan

5 Melrose Ave, Gorokan is a 2 bedroom, 1 bathroom House and was built in 1976. The property has a land size of 621m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Gorokan in the last 12 months.

Building Type
House
Year Built
1976
Floor Size
68m2
Land Size
621m2
Local Government
Central Coast
Lot/Plan
213/DP25851

Last Listing description (February 2024)

The convenient and highly sought suburb of Gorokan brings you this amazing investment opportunity with two bedroom home and one bedroom flat combining to make for fantastic potential. The home offers timber floor boards, light filled living space and practical kitchen overlooking the 607sqm block (approx.). The one bedroom flat offers a spacious design with combined living and dining and separate bedroom. Combined current return of $680 per week. With side access, garaging, lake at the end of the street and schools, shops and transport all within easy reach, this opportunity is one not to be missed!
Amazing investment opportunity
Two bedroom home and one bedroom flat

Timber floor boards
Spacious living and dining area
Flat with combined living and dining and separate bedroom
Side access and garage
Combined rental return of $680 per week (approx.)
Approx. 607sqm
Ideally located with lake at the end of the street and schools, shops and transport all within easy reach

DISCLAIMER: This advertisement contains information provided by third parties. While all care is taken to ensure otherwise, The Wiseberry Heritage Group, does not make any representation as to the accuracy of any of the information contained in the advertisement, does not accept any responsibility or liability and recommends that any client make their own investigations and enquiries. All images are indicative of the property only.

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Property History for 5 Melrose Ave, Gorokan, NSW 2263

A timeline of how this property has performed in the market
Last Sold
$680,000
26 Feb 2024
Listed for Rent
$400/w
27 Oct 2023
  • 26 Feb 2024
    Sold for $680,000
  • 17 Oct 2023
    Listed for Sale Not Disclosed
  • 03 Mar 2022
    Listed for Rent $380 / week
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About Gorokan 2263

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 4,054 properties. Over the last 5 years, Houses in Gorokan have seen a 56.70% increase in median value, while Units have seen a 53.24% increase. As at 30 September 2024:

  • The median value for Houses in Gorokan is $689,494 while the median value for Units is $516,033.
  • Houses have a median rent of $500 while Units have a median rent of $450.
There are currently 26 properties listed for sale, and 7 properties listed for rent in Gorokan on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Gorokan.

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