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NSW › Corindi Beach › Pacific St

118A Pacific St, Corindi Beach NSW 2456

For saleHouse

$1,085,000

For sale

Asking

$1,150,000

Last sold

5 Aug 2022

6

Bedrooms

3

Bathrooms

2

Car spaces

675 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,085,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,085,000(Listing record · 29 July 2026)
  • CalculationRecorded House sales in Corindi Beach (last 5 years) with land size: median $1,367/m² of land (n=74). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 19% above the Corindi Beach median recorded sale ($915,000, n=13, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Corindi Beach's advertised median rent ($732/wk), implied gross yield would be 3.51% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • FactZoned Low Density Residential (R2) under the Coffs Harbour Local Environmental Plan 2013.(NSW ePlanning Spatial Viewer · 1 Sept 2026)

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?

No verification items generated for this record.

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

$1,085,000

Asking · $1,607/m² of land

Last recorded sale $1,150,000 (5 Aug 2022).

Local land rate: recorded House sales in Corindi Beach (last 5 years) with land size have a median of $1,367/m² of land (n=74). Districts calculation from recorded sales — not a valuation.

Corindi Beach at a glance

1,801

People

$915,000

Median sale

$732/wk

Median rent

4.16%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Corindi Beach report →

Vs Corindi Beach

+18.6%

Median sale

Suburb $915,000

-0.65 pp

Gross yield

Suburb 4.16%

Suburb median $915,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,085,000
Stamp Duty (New South Wales)
$43,237
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
$1,132,104

$47,104 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

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

Net yield
2.01%
Annual cashflow (pre-tax)
$-34,631
Interest cover (DSCR)
0.39
Annual rent
$38,064
Operating expenses
$16,275
Loan amount
$868,000
Annual interest
$56,420
Gross yield
3.51%

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 scheme

Coffs Harbour Local Environmental Plan 2013

Zone

Low Density Residential

R2

Jurisdiction

Coffs Harbour

Coffs Harbour, NSW

Planning overlays

  • heightDetected
  • heritageNot detected

Planning constraints

  • 98.5

Development activity

Data unavailable

Source

  • Provider: NSW ePlanning Spatial Viewer
  • Dataset: Planning Portal Principal Planning — Land Zoning Map
  • Retrieved: 1 Sept 2026
  • Version: 1
  • Parcel: 100380074

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 detected — official

The official layer was queried and no heritage listed area was detected on this parcel (NSW ePlanning Spatial Viewer, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.

Records

Property history

202220242026$1.15m$1.08m
  • Sold (recorded)
  • Asking price (not a sale)
  1. Listed$1,085,000available29 July 2026
  2. Sold$1,150,0005 Aug 2022
  3. Listedprice unknowncompleted20 July 2022
  4. Listedprice unknowncompleted20 July 2022

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?

Confidence: medium

Zoned Low Density Residential · R2 (Coffs Harbour Local Environmental Plan 2013). Official parcel area about 762 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. If the dual occupancy pathway survives a planner’s check, this lot can outperform a same-suburb house that is hold-as-is only. That is not a forecast. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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 $732/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 3.5%. 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

This looks more compelling as a land / capital-growth play than a pure yield play — if the dual occupancy pathway survives a planner’s check.

Detail

Zoned Low Density Residential · R2 (Coffs Harbour Local Environmental Plan 2013). Official parcel area about 762 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

Read more

Achieved rent for this address has not been inferred. Gross yield on advertising copy is not the deal.

Nearby DA pipeline is unknown, so neighbourhood change is not in this verdict.

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low Density Residential · R2 (Coffs Harbour Local Environmental Plan 2013). Official parcel area about 762 m². Dual occupancy is a permitted housing type in this NSW zone under statewide settings, subject to DCP and site constraints. That is not confirmation this lot qualifies. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownmedium

    Official parcel about 762 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Corindi Beach in one glance

Corindi Beach at a glance

1,801

People

$915,000

Median sale

$732/wk

Median rent

4.16%

Suburb gross yield

Median sale from 13 recorded sales (last 12 months) — a Districts calculation.

See the full Corindi Beach report →

Keep researching

  • Why Corindi Beach? Read the area thesis →
  • What else is on the market in Corindi Beach →
  • Other records on Pacific St →

Listing material

Listed by Ray White Coffs Harbour

Dual Living Just Metres from the Beach

Positioned just 400 metres from the sand and surf of Corindi Beach, 118A Pacific Street presents an exceptional opportunity to secure a contemporary dual occupancy property in one of the Coffs Coast's desirable beachside communities. Offering the perfect balance of lifestyle, flexibility and investment potential, this beautifully designed property is ideal for growing families, multi-generational living or buyers seeking an additional income stream.

The modern main residence has been thoughtfully designed for relaxed living, featuring four generous bedrooms, all with built-in wardrobes, including a spacious master suite complete with a walk-in robe and private ensuite. At the heart of the home is a stylish open-plan kitchen, living and dining area, where a large island bench, quality appliances and an impressive butler's pantry create the perfect space for everyday living and entertaining. Flowing effortlessly outdoors, the covered alfresco area is complete with a built-in outdoor kitchen, providing the ultimate setting for family gatherings while embracing the relaxed beachside lifestyle.

Adding exceptional versatility is the council-approved second dwelling, privately positioned with its own separate entrance. Comprising two generous bedrooms, open-plan living and dining, a well-appointed kitchen, private courtyard and undercover entertaining area, the granny flat offers endless possibilities, whether utilised for extended family, guest accommodation, long-term rental or holiday letting.

Read the full description

For investors, the dual occupancy configuration presents an attractive income opportunity, with the main residence and granny flat estimated to achieve a combined rental return of approximately $1,400 per week if both were leased, further enhancing the property's appeal as a flexible long-term investment.

The property enjoys a prime location within easy walking distance of Corindi Beach, local cafes, the primary school, parks and the local tavern, while Woolgoolga's shopping precinct and Coffs Harbour are only a short drive away. Combining quality finishes, flexible dual-living accommodation and an enviable coastal location, 118A Pacific Street, Corindi Beach presents an opportunity to secure a property that delivers both an outstanding lifestyle and excellent long-term investment potential.

Disclaimer: All information disclosed herein has been provided from sources we believe to be reliable however we cannot guarantee its accuracy. It is respectfully advised that interested parties carry out their own due diligence.

Listing description written by Cinamin Ryan-Frost, Ray White Coffs Harbour — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Courtyard
  • Dishwasher
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
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.