31 Coraldeen Ave, Gorokan is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 607m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in September 2024.
Unbeatable value & potential in ultra convenient lakeside location. Astute addition to your investment portfolio with enormous possibilities in the separate self contained area & level R2 zoned land. An easy site to create your dream home or project & with plenty of opportunity to easily increase rental yields with cosmetic upgrades, capitalise on an instant return & redevelop later. Affording the ultimate relaxed coastal lifestyle, it's an easy stroll to lakefront, bus stop, schools, major shopping & entertainment precinct. Rare & affordable, invest in your future & reap the rewards!
Current rental return is $630 per week.
Separately metered for electricity
The size of Gorokan is approximately 3.0 square kilometres. It has 19 parks covering nearly 6.5% of total area. The population of Gorokan in 2016 was 8367 people. By 2021 the population was 8624 showing a population growth of 3.1% in the area during that time. The predominant age group in Gorokan is 20-29 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 community and personal service occupation.In 2021, 60.20% of the homes in Gorokan were owner-occupied compared with 62.80% in 2016.
Gorokan has 4,074 properties. Over the last 5 years, Houses in Gorokan have seen a 60.07% increase in median value, while Units have seen a 49.69% increase. As at 31 December 2025:
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