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.
$1,425,000
Last sold
22 Dec 2021
5
Bedrooms
2
Bathrooms
2
Car spaces
10,000 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
$1,425,000
22 Dec 2021 · derived via latest_sale
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
+29.5%
Median sale
Suburb $1,100,000
-0.81 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 Real Estate of Distinction Byron BayIt is our pleasure to present this stunning country retreat located in the hinterland of Coffs Harbour in the beautiful Korora Basin.
A lowset sandstone home within a lovely country setting that offers city-style sophistication throughout.
Be welcomed by superb mountain views as you walk through the formal entry into the inviting open plan kitchen and dining. The low partition wall separating this area from the living room offers the feeling of separate dining but still retains that open plan feel. Both rooms have wide sliding doors that open onto the large, undercover patio area with subtropical landscaping - the perfect space for entertaining.
As you make your way through the home the wow factor continues. There are three generous sized bedrooms with built-ins and a lovely aspect to the mountains. The opulent main bedroom invites the outside in with the extensive use of glass and the big, free-standing bath in the sumptuous ensuite invites you to relax and unwind in total privacy.
If you're looking for a property where you you can work from home, look no further. There are two potential office spaces that will provide you with all the inspiration, peace and quiet you need to create, plus there is great internet coverage.
The spacious double garage comfortably houses two vehicles and has internal access.
The outdoors continues the relaxed and beautiful ambience of the indoors. The 1 hectare of land comprises a large, levelled area around the house, with the residual sloping. There is ample room to plant more fruit trees or whatever your imagination desires. There is also a dog enclosure with run that could easily be converted to a storage shed or shade house.
There is a variety of birdlife including black cockatoos, catbirds, and the rare and beautiful regent bowerbirds.
Wander down to the chook pen of a morning to collect your fresh, free-range eggs and stop along the way to pick fruit from the citrus, avocado and paw paw trees.
The enormous 90,000L inground concrete tank has been constructed to carry the weight of vehicles. Hot water is via a 340L Solar system.
Your new home is elevated to take advantage of the coastal cross breezes but sits in such a private and scenic enclave. Your family and friends will be continually amazed at the peace and quiet this property provides, yet you are only minutes to the stunning beaches and coastline that the Coffs Coast enjoys.
Located within 10 minutes of the ever popular Coffs Harbour and 20 minutes to the nostalgic seaside village of Sawtell, along with a plethora of shopping areas and surfing beaches on your doorstep, this is one desirable property.
The Coffs Coast has becoming increasingly sought-after by our metro counterparts due to the current Covid situation. We expect this property to have strong interest so don't delay to inspect!
1 hectare
Lowset sandstone home
Superb mountain views
Large, undercover patio area with subtropical landscaping
Two potential office spaces
90,000L inground concrete tank
Hot water is via a 340L Solar system
Listing description written by Brett Weick, Real Estate of Distinction Byron Bay — reproduced as published, not verified by Districts.