118 Marks Road, Gorokan NSW 2263
118 Marks Road, Gorokan NSW 2263
5 beds | 6-car parking | 1441sqm land | premium Gorokan family home | live listing
This propertyโs primary strength is its combination of five bedrooms and six car spaces on over 1400 square metresโa rare configuration in Gorokan that positions it well for families needing both internal space and extensive vehicle or boat storage. The multiple living and entertaining zones reduce the need for future reconfiguration, making it immediately functional for a large household. The price range places it at the upper end of the local market, which means it appeals most to buyers seeking a turnkey home with landholding advantages rather than a renovation project.
The main risk is the inconsistency in historical data suggesting a possible three-bedroom layout; this must be verified by inspecting the actual floorplan and confirming all bedrooms are legal. The automated valuation below $1.3 million signals that the asking range may exceed what the broader market supports, so comparable sales for five-bedroom homes on similar land in Gorokan should be checked carefully. Opportunities lie in the land size for potential future subdivision or dual-occupancy development, subject to council zoning. The buyer should hold this as a long-term family residence while monitoring land-use policy changes that could unlock subdivision value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 118 Marks Road, Gorokan NSW 2263
Market Insight:
Gorokan is positioned as an affordable coastal lifestyle suburb, attracting families, retirees, and first home buyers with its proximity to beaches and lakes. This diverse demographic demand, coupled with a chronic undersupply of rental housing, supports a robust market. Recent house price growth has been strong, with properties transacting efficiently, while the unit market offers a more moderate entry point with stable yields. Future appeal is anchored in its relative affordability and amenity, though growth of short-term rentals presents a key constraint on long-term rental stock.