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 › Sandy Beach Rd
$495,000–$540,000
For sale
Asking range
2
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$495,000–$540,000
Asking range
No recorded sale for this property.
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
-55.0%
Median sale
Suburb $1,100,000
+4.36 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.
Based on the low end of the asking range, not a contract price.
$20,554 on top of the price (4.2% extra)
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.
Based on the low end of the asking range, not a contract price.
Pre-filled with Korora's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 7.9%. 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
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 Century 21 Coffs CoastPositioned in the highly sought-after beachside suburb of Korora, this well-presented two-bedroom apartment offers an exceptional opportunity to secure a low-maintenance coastal retreat just moments from the sand. Located within the award-winning Smugglers on the Beach complex, this apartment presents the ideal combination of lifestyle flexibility and investment appeal in one of the Coffs Coast's most desirable coastal settings. Along with offering outstanding returns (around 5% true net return), under quality management.
Inside, the apartment features a light-filled open plan layout with a functional kitchen, spacious living and dining area, and seamless flow onto the oversized balcony overlooking lush tropical surrounds. With comfortable accommodation, a practical floorplan, and strong holiday appeal, this property is perfectly suited to investors or buyers seeking their own coastal holiday escape.
Key Features:
> Two-bedroom apartment in sought-after Korora location
> Open plan living and dining area with air conditioning
> Functional kitchen with breakfast bar and ample storage
> Large covered balcony surrounded by tropical greenery
> Main bedroom with balcony access and built-in robes
> Second bedroom with bunk configuration, ideal for guests or holiday letting
> Spacious bathroom with separate shower and spa bath
> Internal laundry and easy-care flooring throughout
> Excellent opportunity for holiday investment or coastal getaway
Resort Features:
Absolute beach frontage and positioned within the award-winning Smugglers on the Beach resort, this is the ideal family holiday location with access to an outstanding range of resort-style facilities, including:
> Solar-heated swimming pool and children's pool
> Half tennis court and BBQ cabana
> Lush tropical gardens throughout the complex
> Direct beach access for swimming, fishing, beach activities, and scenic coastal walks
> Strong reputation across TripAdvisor and Booking.com, enhancing ongoing visitor demand and investment appeal
Lifestyle & Location:
Enjoy the convenience of being positioned in the heart of Korora, surrounded by pristine beaches, coastal walking tracks, and lush natural beauty, while remaining only a short drive to Park Beach Plaza, Coffs Harbour CBD, restaurants, and the airport. Whether you're seeking a smart addition to your investment portfolio, a holiday apartment for personal use, or a flexible coastal asset for your SMSF, this apartment offers exceptional value and lifestyle appeal in a premium beachfront setting.
? Darcy Kean | 0405 116 697 | darcy.kean@century21.com.au
Property Details:
Council Rates: $ 2738 per annum
Strata Rates: $2063 per quarter
Disclaimer: While all care has been taken to ensure the accuracy of this information, Century 21 Coffs Coast provides no warranty regarding its accuracy and recommends that interested parties conduct their own inquiries. All measurements, figures, and descriptions are provided as a guide only and should not be relied upon as a substitute for legal, financial, or real estate advice. Any interested persons should rely on their own investigations to verify the information contained herein.
Listing description written by Darcy Kean, Century 21 Coffs Coast — reproduced as published, not verified by Districts.