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 › Sandy Beach Rd
16
Bedrooms
7
Bathrooms
6
Car spaces
1,110.2 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
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
No recorded sale price for this property yet.
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.
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 For Sale By OwnerThe Phone Code for this property is: 54242. Please quote this number when phoning or texting.
BEACH-FRONT BLOCK OF 7 FULLY TENANTED VILLAS
FANTASTIC OPPORTUNITY FOR
> Extended families / Friends
> Investors
> Developers.
> Buy as Torrens title or under individual titles
This prime block of Villas sitting on 1,102m2 of beach front land just metres from the sand and surf in Korora Bay
39 Sandy Beach Road Korora offers residents a highly desirable walk-swim-surf - and fishing lifestyle, where dog friendly beaches, coastal walks an amazing cafe onsite with a range of dining options within 12 minutes from the doorstep.
Each of the existing Villas are fully furnished with excellent Airbnb opportunity
The Villas present a rare opportunity in one of the Coffs-Harbours premiere Beach suburbs this is an excellent opportunity for extended families to buy in together each with there own title
Currently occupied by seven Villas, 1x 1 bedroom, 3x 2 bedroom and 3x 3 bedroom
The current Rental income from the six Villas $226,800 per annum
This high-growth locale delivers front-row access to the lifestyle precincts of Coffs Harbour Jetty, - The very Big Banana, The Dolphin sanctuary - Park Beach - Plaza and Home depot to name jut a few
Coffs Harbour Bypass is well underway to be partially finished in 2026 diverting 12,000 cars and trucks around Coffs Harbour per day
An excellent airport with flights to Sydney Melbourne and Brisbane
Russell Crowes $400million Movie and film studios currently in planning to be Built near Korora Bay Apartments
Patrolled beaches are just to the North being Sapphire Beach and to the South Diggers Beach (Approximately 10 minutes each way)
<><><><><>DA discussions with Council<><><><><>
We have under taken several discussions with Coffs Harbour Council to look at what an application for a DA would look like, as well as discussions with our Architects and Town-planners. Council has proposed a favorable journey through the approval process to build up to 8 Luxury multi-level Strata Titled Apartments.
The proposed redevelopment of the site proposes 8 three to four-bedroom apartments spanning 200m2 plus, with a Cafe /Boutique restaurant built into the Development owned by the residents with the rent servicing the sinking fund etc.
All of the proposed apartments showcase spectacular uninterrupted ocean views, looking out on the Solitary Islands and natures wonder of the twice a year Whale highway
Please contact me for further details
Disclaimer:
Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) 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.
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.