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NSW › Gorokan › Koorana Ave

15 Koorana Ave, Gorokan NSW 2263

For saleHouse

$1,000,000–$1,100,000

For sale

Asking range

$823,888

Last sold

26 Nov 2025

4

Bedrooms

1

Bathrooms

3

Car spaces

589 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,000,000–$1,100,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,000,000–$1,100,000(Listing record · 24 Aug 2026)
  • FactLand 589 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Gorokan (last 5 years) with land size: median $1,457/m² of land (n=117). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 18% above the Gorokan median recorded sale ($850,000, n=109, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Gorokan's advertised median rent ($560/wk), implied gross yield would be 2.91% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,000,000–$1,100,000

Asking range · $1,698/m² of land

Last recorded sale $823,888 (26 Nov 2025).

Local land rate: recorded House sales in Gorokan (last 5 years) with land size have a median of $1,457/m² of land (n=117). Districts calculation from recorded sales — not a valuation.

Gorokan at a glance

8,789

People

$850,000

Median sale

$560/wk

Median rent

3.43%

Suburb gross yield

Median sale from 109 recorded sales (last 12 months) — a Districts calculation.

See the full Gorokan report →

Vs Gorokan

+17.6%

Median sale

Suburb $850,000

-0.52 pp

Gross yield

Suburb 3.43%

Suburb median $850,000 from 109 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,000,000
Stamp Duty (New South Wales)
$39,412
Transfer/Registration Fee
$167
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,043,279

$43,279 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Gorokan's advertised median rent — not a rent for this listing.

Net yield
1.41%
Annual cashflow (pre-tax)
$-37,880
Interest cover (DSCR)
0.27
Annual rent
$29,120
Operating expenses
$15,000
Loan amount
$800,000
Annual interest
$52,000
Gross yield
2.91%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

20252026$824k$1.0m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,000,000–$1,100,000available24 Aug 2026
  2. Sold$823,88826 Nov 2025
  3. Listedprice unknowncompleted9 Oct 2024
  4. Listedprice unknowncompleted9 Oct 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $560/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Gorokan in one glance

Gorokan at a glance

8,789

People

$850,000

Median sale

$560/wk

Median rent

3.43%

Suburb gross yield

Median sale from 109 recorded sales (last 12 months) — a Districts calculation.

See the full Gorokan report →

Keep researching

  • Why Gorokan? Read the area thesis →
  • What else is on the market in Gorokan →
  • Other records on Koorana Ave →

Listing material

Listed by Heritage Real Estate

Renovated, Versatile & Ready for Its Next Chapter

Some homes simply offer more - and 15 Koorana Avenue, Gorokan is one of them. Beautifully renovated, incredibly versatile and positioned in a central Gorokan location, this property presents an exciting opportunity for families, investors or buyers looking for genuine additional accommodation without compromising on comfort or convenience.

The main residence has been transformed with a fresh, modern feel throughout, offering three generous bedrooms and two beautifully updated bathrooms. A brand-new kitchen creates the heart of the home, while new flooring, new carpet, new doors, fresh paint and new air conditioning ensure there is genuinely nothing left to do but move in, unpack and enjoy.

But what really sets this property apart is the additional studio residence. Complete with its own bedroom and bathroom, the separate space opens the door to a range of possibilities - whether you have extended family, teenagers wanting their own space, guests staying over, a home office or simply want the flexibility of additional accommodation.

Read the full description

For those who need room for vehicles, boats, trailers or toys, the property continues to impress with a substantial three-car lock-up garage, an additional parking pad and excellent side access. There is plenty of flexibility here for those who value space and practicality.

Set in a convenient pocket of Gorokan, you'll be close to everyday essentials, local shops and schools, while the surrounding lakes, beaches and Central Coast lifestyle are all within easy reach. With convenient access towards the M1 motorway and Wyong Hospital, this is a location that makes both daily life and commuting a little easier.

Freshly renovated, beautifully presented and offering far more than meets the eye, 15 Koorana Avenue is a property where opportunity meets lifestyle. Whether you're searching for your next family home, an investment with added versatility or a place that can adapt as life changes, this one deserves to be at the top of your inspection list.

Come and experience everything this unique Gorokan property has to offer - you may be surprised just how much is waiting behind the front door.

DISCLAIMER: Every effort has been made to ensure the information in this advertisement is accurate; however, Heritage Real Estate cannot guarantee its accuracy and recommends that interested parties make their own enquiries. Images may be digitally enhanced, virtually staged, contain AI-generated furniture or otherwise altered, and are indicative only.

Listing description written by Daniel Grech, Heritage Real Estate — reproduced as published, not verified by Districts.

Property features

  • Living Areas: 2
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.