Toormina at a glance
6,220
People
$800,000
Median sale
$525/wk
Median rent
3.41%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
NSW › Toormina › Coorabin Cres
$760,000
Last sold
14 Sept 2023
3
Bedrooms
2
Bathrooms
3
Car spaces
1,100.2 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
$760,000
14 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Toormina (last 5 years) with land size have a median of $1,008/m² of land (n=126). Districts calculation from recorded sales — not a valuation.
Toormina at a glance
6,220
People
$800,000
Median sale
$525/wk
Median rent
3.41%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Vs Toormina
-5.0%
Median sale
Suburb $800,000
+0.18 pp
Gross yield
Suburb 3.41%
Suburb median $800,000 from 39 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 $525/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
Toormina at a glance
6,220
People
$800,000
Median sale
$525/wk
Median rent
3.41%
Suburb gross yield
Median sale from 39 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Unreal Estate Coffs CoastBuilt in 1977 this three-bedroom property is all about the location. The home is a mere 350m from all that Toormina Centro has to offer plus Toormina Medical Centre, Aldi, Toormina Library, Toormina Hotel, and public transport. It is also just a short drive to stunning Sawtell Beach and beautiful Boambee Bay.
The home set on a 1100.2sqm block has had some updates but still has some lovely original features such as leadlight glass in the entry with unique wallpaper feature wall and beautiful timber floorboards.
The three substantial sized bedrooms can be found off the hallway, they have built in wardrobes, security window screens and ceiling fans. Also off the hallway is the bathroom and separate toilet that are both in original but great condition.
To the left of the entry, is the light filled large carpeted loungeroom, that has an air conditioning unit and sliding door to the front patio. Moving on from here you will find the dining room which leads to the kitchen with electric appliances that was renovated a few years ago, it has so much pantry and cupboard space you will wonder if you will be able to fill them all.
Off the kitchen is another living area or informal dining area, from here you can access the breezeway between the house and the double lock up garage that has a storage area at the rear. Behind the garage is the laundry with the bonus of a second toilet and shower, great for using after spending the day gardening or for the home handyman who likes to tinker around the house.
Adjacent is the enclosed sizable, screened sunroom providing a lovely spot to be enjoyed for entertaining or simply relaxing all year round no matter what the weather is doing.
The property also has the bonus of bore water in use and there is side access through to the rear yard where you will find a single lock up garage as well as garden shed. The fully fenced backyard is level and large enough to potentially add a granny flat (subject to council approval) for an extended family member or use as an investment for extra income.
This property is a great starter for those looking to enter the market, or even for the downsizer who is wanting a level property on a large block.
URL: www.unre.com.au/coo3
RATES: $3,151 pa (approx) LAND SIZE: 1100.2 sqm BUILT: 1977
Whilst every care has been taken in respect of the information contained herein no warranty is given as to the accuracy and prospective purchasers should rely on their own enquiries.
Listing description written by Kim McGinty, Unreal Estate Coffs Coast — reproduced as published, not verified by Districts.