86 Ocean View Road, Gorokan NSW 2263

86 Ocean View Road, Gorokan NSW 2263
Dual-living layout | 594m² level block | 3 car spaces | School catchment | No overlay risks The property is configured for dual living, with two kitchens, two laundries, and three living areas on a 594m² level block. This layout is regarded as genuinely flexible, suited to multigenerational households or an attached rental arrangement. The location is served by public school catchments, and the site is assessed as free of flood, bushfire, and heritage overlays. Three car spaces and a long carport provide ample parking. A large tiled rumpus area and spa in the main bedroom add comfort. This combination is uncommon in the suburb and is best suited to extended families, live-in landlords, or investors seeking income flexibility. The value may be influenced by the condition of the two kitchens and bathrooms, along with the age of any renovations. The non-standard layout might be seen as an advantage by some buyers, but could be considered a limitation by others. The level land and absence of overlays may be reflected in a price premium, while updating needs could offset that. Future saleability might be affected by how the dual-living setup is documented and approved.
Detailed Independent Property Report prepared  by PropCred Analyst team for 86 Ocean View Road, Gorokan NSW 2263
Checks found:
Value Risk
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk 2
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Market Insight

Gorokan, on the NSW Central Coast, offers proximity to beaches and lakes, with demand driven by families, retirees, and first-home buyers, reflecting a predominantly Australian-born population. Median house prices cluster near $800,000, with annual growth between 11.89% and 13.5%, while units sit at $545,000 with slower gains and a 4.6% yield. Houses sell within roughly 36–43 days, and annual volume of 209 sales indicates steady turnover. Future growth relies on affordability relative to broader markets and lifestyle appeal. However, tight rental supply, short-term letting pressures, and historically rising regional rents pose constraints, and the 7.4% ten-year CAGR tempers short-term momentum.
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PropCred Estimated Value

Comparable Sales: 84 Ocean View Road (similar land) and 1/48-50 Ocean View Road (villa, Jan 2025) | Property Price Band: $800,000-$900,000 | Value Drivers: dual-living layout, level land, parking capacity

Bedrooms

4

Bathroom

2

Parking

3

Land

594m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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