Korora at a glance
2,820
People
$1,100,000
Median sale
$754/wk
Median rent
3.56%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
NSW › Korora › Lagoona Cl
$1,575,000
Last sold
24 Aug 2021
5
Bedrooms
3
Bathrooms
2
Car spaces
1,193 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$1,575,000
24 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Korora (last 5 years) with land size have a median of $1,461/m² of land (n=67). Districts calculation from recorded sales — not a valuation.
Korora at a glance
2,820
People
$1,100,000
Median sale
$754/wk
Median rent
3.56%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Vs Korora
+43.2%
Median sale
Suburb $1,100,000
-1.07 pp
Gross yield
Suburb 3.56%
Suburb median $1,100,000 from 27 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NSWPlanning 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.
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
No advertised rent is recorded. Suburb median rent $754/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Korora at a glance
2,820
People
$1,100,000
Median sale
$754/wk
Median rent
3.56%
Suburb gross yield
Median sale from 27 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Nolan PartnersBreathtaking in its proportions and basking in a North-Easterly aspect, this stunning family home is positioned on an elevated 1193sqm allotment, commanding panoramic ocean views from almost every vantage point. Designed across two levels, the residence is beautifully presented and showcases a magnificent use of natural light with an effortless flow.
Entry to the upper level of the residence is via a sun drench private courtyard. On this level you will find a stunning chefs kitchen featuring European appliances, 20mm Caesarstone kitchen bench tops with waterfall edge and island bench, soft close cabinetry and ample storage all overlooking a large open plan living & dining space featuring beautiful timber vaulted ceilings.
Taking full advantage of the stunning panoramic views this area of the home also opens onto a balcony that runs along the Eastern side of the property. There is also direct access to a private alfresco dining area, the perfect spot to position the BBQ, sit back and relax.
This upper level also contains three generous bedrooms, two with built in robes & ceiling fans, a central bathroom, European laundry and internal access from a double remote-control garage.
On the lower level you have a multitude of options with a second large open plan living space with superb sweeping views, wood combustion fire, home theatre projector and direct access to a wonderful, terraced back yard. Parents retreat immediately comes to mind as this level also offers a generous fourth bedroom with built in robes, second bathroom and a separate office/study.
However, the real surprise on this level is the inclusion of a second kitchen, third bathroom with European laundry, third living space and fifth bedroom. With its own entrance this area of the home is just perfect for multi – generational living, guest retreat or perhaps Airbnb or work from home opportunities. You will also find access to extensive under house storage, perfect for a workshop or cellar. It completes what could only be described as the entire package!
A fantastic beach lifestyle awaits you in this premier coast location. Korora is well known for its pristine beaches, nearby coastal walks, great schooling and the coasts largest regional shopping centre all just minutes away, this really is an opportunity not to be missed.
An early inspection of this exceptional property is highly recommended.
Council Rates: $3,910 approx pa
Land Size: 1,193 sqm approx
Listing description written by Nolan Partners Real Estate, Nolan Partners — reproduced as published, not verified by Districts.