Affordable HOUSES = Gorokan | July 4th, 2025

Gorokan has the most affordable median house price on the Central Coast. At Mortgage Choice Central Coast, we continually seek ways to enhance our Mortgage Broking service, and our property knowledge is a key advantage.

The table below lists all of the Central Coast suburbs (each with more than 800 houses) that have a median house price under $1,000,000. We have also shown the 5-year growth amount and percentage for each of these suburbs. Remember, the median house is the middle house. 50% of these houses sell for less than the median.




A qualifying first home buyer could potentially buy a median Gorokan house with the following breakdown:
$732,000 Median Gorokan house price
+ $ 344 NSW govt duty and fees ($0 duty if a qualifying 1st home buyer, saving $27,352)
+ $ 2,166 Approx legal and inspection fees
+ $ 0 Lender's Mortgage Insurance ($0 if a qualifying 1st home buyer, saving $28,200)
= $734,500 Total estimated purchase cost
- $ 39,100 Cash contribution to the purchase cost
= $695,400 Proposed loan amount (95% of $732,000)

Based on a 30-year loan term and an approximate variable interest rate of 5.74% per annum, the minimum weekly repayment would be approximately $934.84. According to realestate.com.au, the median weekly house rent in Gorokan is currently $510; however, the quality of rental houses is often lower than that of owner-occupied houses.

To find out how much you can borrow, please email me at michael.daniels@mortgagechoice.com.au or call us.

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