Liverock is whitish brown in color a lot of time when people buy it because they are produced in big drums in most stores with no lights on them. Coralline algae will definitely grow in time, it just needs light, thats all. Oh yeah, and it seems coralline enjoys lower intensity lighting. Power compacts have been known to get solid coralline growth over time, however a downside is you can't keep sps or other light intensive corals/inverts. Metal halide or T5 HO lighting still produce coralline, but not at the rate I've seen power compacts produce. Just my experience...
hope this helps.
-Josh