Gorokan Houses vs Toukley Houses | July 14th, 2025

https://www.mortgagechoice.com.au/michael.daniels/our-services/mortgage-broker-in-gorokan-michael-daniels/

Two of the Central Coast's more affordable suburbs are compared today. As you can see, Gorokan has roughly twice the number of houses and has a higher percentage of owner-occupied dwellings.
Gorokan: Perfect for First-Home Buyers
Gorokan, with a median house price of $732,000, is the ideal location for first-home buyers, given they are below the NSW stamp duty waiver amount of $800,000 and the First Home Guarantee threshold of $950,000. This could potentially mean a first home buyer could buy a median Gorokan house for an upfront cost of $36,600 (5% of $732,000).
Gorokan: Investor-Friendly Market
Investors may also be surprised at Gorokan's attractive rental yield of 4.1%, when the rest of the Central Coast has a median rental yield of 2.9%. Another surprising result for Gorokan investors is the high level of renter demand and the short time that a rental is on the market before tenancy is finalised. Both of these features address the biggest worry for an investor: extensive vacancy periods.
Toukley: A Growing Suburb
Toukley has also been a strong performer. Both buyer and rental demand are high. The rapid improvement in the Toukley shopping precinct is starting to pay dividends in a similar story to the Long Jetty rejuvenation, which has seen its property prices grow by 159% over the last 10 years.
Contact Mortgage Choice Central Coast
We believe these two suburbs have great potential and will continue to update you with changes to their market. Please email us at michael.daniels@mortgagechoice.com.au or philip.cooper@mortgagechoice.com.au to find out how much you can borrow.




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