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NSW › Korora › Tropic Lodge Pl

7 Tropic Lodge Pl, Korora NSW 2450

House

$1,200,000

Last sold

24 Jan 2023

4

Bedrooms

3

Bathrooms

3

Car spaces

873.1 m²

Land

274 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,200,000 (24 Jan 2023).(Recorded sale)
  • CalculationRecorded House sales in Korora (last 5 years) with land size: median $1,491/m² of land (n=66). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,200,000

24 Jan 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.

See the full Korora report →

Vs Korora

+9.1%

Median sale

Suburb $1,100,000

-0.29 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,200,00024 Jan 2023
  2. Listedprice unknowncompleted30 Sept 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Korora in one glance

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.

See the full Korora report →

Keep researching

  • Why Korora? Read the area thesis →
  • What else is on the market in Korora →
  • Other records on Tropic Lodge Pl →

Listing material

Listed by Coffs Coast Real Estate

The Ultimate Entertainment and Family Home

This is the one you have been searching for! This magnificent family entertainer has everything you desire to live within your own personal resort. Lush tropical surrounds creates the feel that you are somewhere special, and the coastal breezes whispering through the palm trees makes relaxing by the sparkling pool something to be desired, what a gorgeous spot to relax!

Master built double brick home that has spared nothing. Double lock up garage with internal access to the main level of the home, there is also an enormous amount of under home storage on the garaging level. Off street parking for another car and side access where you could park the boat or caravan.

Walking through the front door the home opens to the true entertainer it is, off to the right is the open plan dining area that flows from the MasterChef kitchen with granite benchtops that opens out to the North facing deck which will be a just delight for those outdoor meals. The entrance foyer, dining and kitchen areas have beautiful slate floors.

Read the full description

To the left off the front door is a bedroom with its own ensuite, would make the perfect guest accommodation. The dining area flows into the separate lounge room with a revolutionary round fireplace, from the lounge room you enter the huge rumpus/family room with built-in bar area and some extra heating that gives this area a real entertaining feel or in summer you can directly access the outdoors.

On this level of the home are another 2 big bedrooms with built in robes, main bathroom with separate bath and shower and extra-large vanity and great sized separate laundry.

Also, from this level leading from the dining area is a sensational breezeway that flows down to the sparkling pool where you spend most of summer entertaining family and friends. The breezeway makes the perfect spot for more outdoor seating and BBQ area overlooking the pool.

Fully fenced and privately planted out tropical backyard that the kids can play a game of footy or cricket and then jump into the pool to cool down.

The final amazing feature of the home is the main bedroom, ensuite, huge built in robe and parents retreat that you just have has a sitting area, private TV area or an office. The ensuite is large with a corner spa bath and separate large shower.

Hills Beach with its children’s playground and picnic area is around a 1-kilometre reasonable level easy 10-minute walk away. If you have primary school age children Korora public school is Just over a 200 metre walk away.

Korora is one of the most desirable beachside suburbs, don’t miss your opportunity of securing a fantastic family entertainers’ home.

Your inspection is a must to see how the next chapter of your life will unfold in this large family home.

For more details or your personal inspection please call Andrew Dykes on 0419 710 577

All information contained herein has been supplied to us or has been gathered together from sources we consider reliable. Whilst every care has been taken in obtaining and gathering the information, we give no warranty or guarantee to the accuracy of the information. We encourage all interested parties that they should rely on their own investigations and research directly information in relation to this property. All distances and drive times are as per google maps.

What a great house for sale coffs harbour

Property Code: 235

Listing description written by Andrew Dykes, Coffs Coast Real Estate — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.