38 Melrose Ave, Gorokan is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 609m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Presenting the ideal investment opportunity right in the heart of Gorokan, this fantastic opportunity is calling all investors! With dual occupancy on the one title and a combined rental return of over $34,000 a year, this is sure not to last. The Front property features light filled interiors throughout, multiple living areas, two good sized bedrooms and a modern kitchen with ample storage space. At the rear of the property is a 2-bedroom granny flat with loads of appeal, featuring another two bedrooms and an open plan living and kitchen area.*Combined rental income of over $34,000 per year.*Modern and light filled interiors *Dual street access Situated on a level corner block of land with access from both Dudley Street and Melrose Avenue, and two fantastic tenants wanting to stay an investment opportunity cannot come any better than this.Inspections are via scheduled open home or to arrange for a private inspection, please contact Aaron Reibelt on 0414 664 438Land Size 607 sqmRental Return Front Home. $330-$340 per weekRental Return Granny Flat. $320-$330 per weekRates Approx. $462 p.q.Water Approx. $166 p.q.
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 4,076 properties. Over the last 5 years, Houses in Gorokan have seen a 61.52% increase in median value, while Units have seen a 48.36% increase. As at 30 November 2025:
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