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 › Russ Hammond Cl
$1,060,000
Last sold
1 July 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
530 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
$1,060,000
1 July 2026 · 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
-3.6%
Median sale
Suburb $1,100,000
+0.14 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 First National Real Estate Coffs CoastPositioned in a highly sought-after pocket of Korora and only minutes' drive from Coffs Harbour's CBD, 4 Russ Hammond Close presents an exceptional opportunity to secure a spacious, beautifully maintained family home just moments from the coastline. Offering a solidly built and thoughtfully designed two storey layout, this residence provides versatile living spaces, cooling coastal breezes, and a relaxed lifestyle.
Set within easy walking distance to Kororo Public School, local beaches, and nearby parklands, the location delivers outstanding convenience. Coffs Harbour's Park Beach Plaza, cafes, restaurants, and the Northern Beaches are all just a short drive away.
Inside, the home reveals a versatile and well considered floorplan, featuring multiple living zones designed to accommodate both everyday living and entertaining. An open plan kitchen and living area forms the heart of the home, seamlessly connecting to the outdoors. The kitchen is well appointed with quality appliances, ample storage, and a practical layout overlooking the courtyard. For those seeking additional space, a separate lounge and also formal dining area provide great flexibility.
With one bedroom located downstairs and three upstairs, the home offers excellent options for a range of living arrangements. Three bedrooms include built in robes, while the master suite features a walk in robe, private north facing balcony, and a large ensuite with spa, creating a peaceful retreat. Zoned ducted air conditioning services the upper level, while reverse cycle air conditioning ensures year round comfort downstairs.
Outdoors, the expansive north facing courtyard is designed for effortless entertaining, complete with an undercover area featuring an automated louvred roof system, allowing you to control sunlight and weather conditions at the touch of a button. A private four person spa also adds a touch of luxury and relaxation. Beyond the courtyard lies a separate rear yard area with a garden shed. These two spaces also present the opportunity to open up the existing dividing hedge, creating one connected outdoor area with potential for a pool or an extended yard/courtyard. There is also potential access to the rear yard area via the neighbouring driveway to possibly store a small boat, caravan or trailer. It is recommend that purchasers confirm this access as part of their independent due diligence.
Additional features include a double lock up garage with internal access, internal laundry, multiple toilets across both levels, Crimsafe-style security doors, bamboo flooring, and beautifully maintained gardens. The home has also been recently refreshed with internal and external painting, along with a complete driveway resurfacing, ensuring it presents in excellent condition.
Set on approximately 530m2, this is a quality coastal home offering space, comfort, and lifestyle in one of Korora's most desirable locations. Properties of this calibre are in strong demand and this home is not expected to last long.
Features
• Solid two-storey home
• Four bedrooms, three with built-in robes and walk-in robe to the master
• Ensuite to the main bedroom including a spa bath
• Two separate living areas plus formal dining
• Generous and inviting kitchen
• Main bathroom with bath, shower and vanity
• Separate toilets upstairs and downstairs
• Ducted, zoned air conditioning to the three upstairs bedrooms
• Reverse cycle air conditioning to the downstairs living area
• Internal laundry with external access
• North-facing balcony off the main bedroom
• Large north-facing courtyard featuring an undercover entertaining area
• Awning over entertainment area offers an electric adjustable louvre system, allowing you to easily control sunlight and shade
• Four-person spa also located within the courtyard
• Additional rear separated yard area with garden shed
• Easy pedestrian side access on both sides of the home
• Freshly painted internally
• Freshly resurfaced driveway
• Recently painted externally
• Crimsafe-style security mesh doors to all downstairs doors
• Double lock-up garage with direct access to the courtyard
Council rates: $3074 per annum (approx.)
Disclaimer: Agent does not guarantee accuracy of the information. Purchasers need to make their own independent enquiries.
Listing description written by Rich McKeon, First National Real Estate Coffs Coast — reproduced as published, not verified by Districts.