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 › Old Coast Rd
$960,000
Last sold
7 Dec 2023
3
Bedrooms
3
Bathrooms
2
Car spaces
4,048 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
$960,000
7 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Korora (last 5 years) with land size have a median of $1,491/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
-12.7%
Median sale
Suburb $1,100,000
+0.52 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 Powered by Smile Elite NSWHere's a unique opportunity to acquire a meticulously crafted 1970s home that you can either cherish in its current form or customize to reflect your personal style. This property is ideally situated on the cusp of the hinterland, providing a serene semi-rural atmosphere while being just minutes away from the picturesque beaches that grace our coastline. With its expansive 4084 sqm lot, this property offers ample space for your family's enjoyment.
The well-constructed split-level brick and veneer home features three bright and airy bedrooms. The heart of the house is the spacious kitchen/dining area that seamlessly connects to the sprawling lounge, serving as the focal point of the residence. Step out onto the vast deck to relish panoramic views and refreshing northeast sea breezes that effortlessly waft into the house. This area holds great potential for an awning, providing a comfortable spot to observe breaching whales in style.
The extensive use of glass on the southeastern side of the house provides captivating sea vistas. Of the three bedrooms, two boast built-in wardrobes, while the master bedroom impresses with its generous size and a modernized ensuite featuring a spa bath, double vanity, and wall-to-wall mirrored doors. The main bathroom, equipped with a bathtub, is conveniently located near the other two bedrooms, as is a separate toilet.
A major advantage is the internal access to the fantastic downstairs rumpus room, complete with a shower and toilet. This versatile space could easily be converted into an Airbnb or a permanent rental unit, with convenient access through a large sliding door and an extensive carport area.
For those who love to tinker or have specific family needs, there's a substantial 8 x 7.6m shed/garage awaiting your creative touch. Water for the home is sourced from a built-in concrete tank, holding approximately 20,000 gallons or 94,000 litres, with an additional 10,000 L tank connected to the garage/shed. A 12-panel Enphase solar system has been installed to help alleviate rising energy costs.
Consider planting fruit trees and cultivating your own vegetables to enhance self-sustainability in today's cost-conscious living environment. Remarkably, all of this is within a 10-minute drive to the stunning beaches along the Coffs coastline and a mere 12-minute commute to the bustling centre of Coffs Harbour, where you can indulge in cafes, shopping, restaurants, and more. There's a plethora of educational options for your children, a nearby university campus, and excellent medical facilities.
This well-positioned home, nestled privately on a spacious lot with multiple possibilities, is a must-see and is bound to attract keen interest among buyers. If it aligns with your criteria, don't hesitate to schedule a viewing.
Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.
Listing description written by Brett Weick, Powered by Smile Elite NSW — reproduced as published, not verified by Districts.