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 › Shearwater Pl
$875,000–$895,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
2
Car spaces
350 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
Asking
$875,000–$895,000
Asking range · $2,500/m² of land
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
-20.5%
Median sale
Suburb $1,100,000
+0.92 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.
$37,654 on top of the price (4.3% 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 4.5%. 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
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 For Sale By OwnerThe Phone Code for this property is: 42693. Please quote this number when phoning or texting.
Welcome to 21 Shearwater Place, Korora - a beautifully crafted, architect-designed townhouse that perfectly blends modern living with relaxed coastal charm.
Nestled beside tree lined Opal Boulevard, this stunning residence offers an enviable lifestyle just a short walk to the pristine sands of Hills Beach.
Featuring three spacious bedrooms and two and a half bathrooms, this two-storey home has been thoughtfully designed to maximise comfort, light, and flow. Open-plan living and dining areas seamlessly connect to outdoor spaces, creating the perfect environment for entertaining or simply unwinding.
Surrounded by greenery, feature windows and high ceilings maximise the natural light, creating a calm and welcoming haven. The contemporary kitchen showcases quality finishes and ample storage, ideal for everyday living and hosting guests. Step outside to your own private oasis, complete with a sparkling pool - perfect for enjoying warm coastal days.
Additional highlights include a secure double garage with internal access, generous proportions throughout, and a design that embraces both functionality and aesthetic appeal.
Whether you're seeking a serene family home, retirement haven, holiday escape, or a smart investment, this exceptional property delivers on all fronts.
Walking distance to the beach, Kororo School, and the stunning Solitary Islands Coastal Walk. Set in a quiet cul-de-sac and only 8 minutes drive to Park Beach Plaza and 11 minutes to Coffs Harbour CBD or the iconic Jetty restaurant strip.
Set in a block of 4 townhouses, privacy is maximised with angular design and border gardens. Strata mows the lawns and you can spend as little or as much time as you like in the low maintenance sub-tropical garden.
Looking for an investment property? Quality short stay and long term accommodation is in demand. With a great climate and multiple sporting and conference events, Coffs Harbour enjoys year-round visitation.
Key Features:
• Architect-designed residence in sought-after Korora location
• 3 spacious bedrooms, 2.5 bathrooms
• Double garage with internal access
• Master bedroom with stunning, modern ensuite
• Light-filled cathedral ceilings in the upstairs bedrooms
• Private pool in tropical garden setting
• Open-plan living and dining
• Quiet cul-de-sac
• Just a 6 minute walk to Hills Beach
• Accessible entry ramps to the front and rear doors
Experience the perfect balance of serenity, style, and coastal convenience - this is a home not to be missed.
Rates: $2780 per annum
Strata: $1554 per quarter
Note when attending Inspections:
Please park in the adjacent Opal Cove visitor carpark as our street is narrow.
Thank you
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner Pty Ltd (forsalebyowner.com.au) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.
Listing description written by For Sale By Owner (NSW), For Sale By Owner — reproduced as published, not verified by Districts.