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Gorokan Suburb Insights
VICLocation Information
Suburb Name
Gorokan, VIC
Distance from CBD
21.5 kmDemographics
Population
8,367
Median Income
$26,468
Area Information
Area
3.09 km²
Population Density
2708 people/km²
Property Market
Median Price
$534,896
Annual Growth
+7.5%Property Price Trend Analysis
Current Median Price
$534,896
Annual Growth
+7.5%
Quarterly Growth
+1.8%
Price Trends - Last 6 Months
2024-01
$479,643
+7.2%2024-02
$871,721
+12.8%2024-03
$887,382
+12.6%2024-04
$1,011,199
+8.5%2024-05
$524,149
+15.9%2024-06
$804,028
+12.1%Property Type Price Analysis
House
Median Price
$1,476,696
Growth Rate
+5.9%Available Listings
449 properties
Apartment
Median Price
$627,347
Growth Rate
+16%Available Listings
408 properties
Townhouse
Median Price
$694,001
Growth Rate
+6.6%Available Listings
344 properties
Investment Potential Assessment
Investment Advantages
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy