Gorae Suburb Profile
Victoria 3305

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Gorae has 115 properties. Over the last 5 years, Houses in Gorae have seen a 69.14% increase in median value. As at 30 November 2024:

  • The median value for Houses in Gorae is $593,579.
There are currently 3 properties listed for sale, and no properties listed for rent in Gorae on OnTheHouse. According to CoreLogic's data, 4 properties were sold in the past 12 months in Gorae.

The size of Gorae is approximately 71.4 square kilometres. It has 2 parks covering nearly 77% of total area. The population of Gorae in 2011 was 431 people. By 2016 the population was 198 showing a population decline of 54.1% in the area during that time. The predominant age group in Gorae is 40-49 years. Households in Gorae are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gorae work in a trades occupation. In 2011, 85.7% of the homes in Gorae were owner-occupied compared with 88.2% in 2016..

Suburb Insights for GORAE 3305

Market Insights
Gorae Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Gorae Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age

Population 198

0-9

 

10%

10-19

 

18%

20-29

 

5%

30-39

 

7%

40-49

 

29%

50-59

 

19%

60-69

 

11%

70-79

 

4%

80-89

 

3%

Household Structure
Occupancy

Last Updated: 23/12/2024

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.