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 › Tranquility Dr
$1,130,000
Last sold
9 Apr 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
495.8 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
$1,130,000
9 Apr 2025 · derived via latest_sale
Local land rate: recorded House sales in Korora (last 5 years) with land size have a median of $1,452/m² of land (n=66). 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
+2.7%
Median sale
Suburb $1,100,000
-0.09 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
UnknownArea
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 PartnersDesigned for effortless living and strong investment potential, this newly built, low-maintenance residence in Korora presents an exceptional opportunity. Whether you're a professional seeking a stylish, turn-key home or an investor looking for a high-quality asset, this property delivers modern convenience and lasting value. Meticulously crafted with a sophisticated blend of white cladding, light brickwork, and warm timber accents, the home maximises its north-facing aspect with abundant natural light and high-end finishes.
• Light-filled open-plan living designed for comfort and functionality, with air conditioning, ample storage, and seamless connection to the outdoor entertaining area and balcony.
• The kitchen boasts sleek white cabinetry, a textured tile backsplash, and a fluted island with a stone countertop. Gold fixtures, including a statement gooseneck tap, add luxury, while high-end appliances and a butler's pantry enhance both style and functionality.
• Outdoor living is elevated with ample undercover alfresco areas, a dedicated BBQ nook, and scenic hinterland views.
• The four generously sized bedrooms offer ceiling fans, built-in robes, and air conditioning.
• The main suite provides a private retreat, complete with a spacious layout and a beautifully designed ensuite.
• Bathrooms exude modern elegance with freestanding bathtubs, frameless walk-in showers, and gold rain showerheads. Concrete-look vanities with wooden slatted cabinetry, bold arched mirrors, and gold fixtures add a refined touch.
• Additional features include a double garage with high ceilings and extra storage space, a ground-floor entryway with a built-in timber bench and concealed storage for shoes, and a spacious laundry with extensive cabinetry.
Situated in the sought-after Korora area, this home is just minutes from pristine beaches, quality schools, and essential amenities. A short drive to Coffs Harbour ensures easy access to business hubs, transport links, and shopping precincts-making it ideal for professionals or tenants seeking convenience. With its blend of style, functionality, and prime positioning, this property is a smart choice for those looking to secure a premium home or a high-yield investment in a thriving coastal market.
Council Rates: $3,110 pa (approx.)
Land Size: 495.80 sqm (approx.)
Zoning: R2
Listing description written by Kassey Reeves, Nolan Partners — reproduced as published, not verified by Districts.
NSW 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.