34 Coraldeen Avenue, Gorokan NSW 2263
34 Coraldeen Avenue, Gorokan NSW 2263
34 Coraldeen Avenue is a 1985 brick and tile house on a 645m² corner block with reverse-cycle air conditioning, built-in robes, dual living areas, and a courtyard. The current listing shows five bedrooms, two bathrooms, and three car spaces, while historical records indicate three bedrooms, one bathroom, and two car spaces.
This property’s competitive strength lies in its generous configuration on a corner block, offering more living space and parking than typical Gorokan homes. The dual living areas and courtyard appeal to families seeking room to grow, while the school proximity—within walking distance to primary and high schools—reinforces its family orientation. The 5G coverage and reliable NBN add practical appeal for modern households. It sits comfortably above the suburb’s median bedroom count, making it a rare larger family offering in a residential area with no overlay constraints. The buyer best served is a family prioritising space, schools, and immediate amenities.
Value may be influenced by the bedroom and bathroom discrepancy between listing and historical records, which could reflect a renovation or reconfiguration. A buyer should verify the current layout and any permits. The 1985 build age may mean older fixtures or systems require attention, though reverse-cycle air conditioning and built-in robes suggest some updates. The corner block location offers privacy and access but might involve higher fencing or maintenance. The rental yield of around 3.86% indicates moderate investor interest, but the property’s primary draw remains its family-sized footprint in a school-accessible suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 34 Coraldeen Avenue, Gorokan NSW 2263
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
5
Bathroom
2
Parking
3
Land
645m²
URL has been copied successfully!