Gorae West Suburb ProfileVictoria 3305
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Gorae West has 136 properties. Over the last 5 years, Houses in Gorae West have seen a 15.73% increase in median value, while Units have seen a 58.84% increase. As at 31 July 2024:
- The median value for Houses in Gorae West is $405,444 while the median value for Units is $394,265.
The size of Gorae West is approximately 70.4 square kilometres. It has 3 parks covering nearly 26.9% of total area. The population of Gorae West in 2011 was 431 people. By 2016 the population was 208 showing a population decline of 51.7% in the area during that time. The predominant age group in Gorae West is 10-19 years. Households in Gorae West are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gorae West work in a managers occupation. In 2011, 85.7% of the homes in Gorae West were owner-occupied compared with 91.3% in 2016..
Market Insights
Gorae West Trends for Houses
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Gorae West Trends for Units
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Neighbourhood Insights
Age
Population 208
0-9
9%
10-19
20%
20-29
6%
30-39
8%
40-49
17%
50-59
19%
60-69
12%
70-79
3%
Household Structure
Occupancy
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Last Updated: 08/09/2024
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