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Unit 6,
10-12 TROPIC LODGE PLACE Korora NSW 2450

This property is Off Market

All about Korora Homes for sale in Korora


  • Last sold 8/7/2024 for $250,000. The Average property price in this area is $1,074,257, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.74 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Korora - Emerald Beach

With an average age of 41, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $478. The average family earns a weekly income of $1,958 with a typical household size of 2.7 and a 96.05% employment rate.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Korora is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Korora changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. Lower than average industry presence in Korora we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Korora a better buying opportunity than it may have been in the past.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 4%)

Are people healthy?

There are a recorded 1196 asthma sufferers and 367 people living with diabetes. In addition, 451 people have a heart/vascular condition and 848 people live with three or more chronic diseases.

A good place to invest in property?

Korora - Emerald Beach a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

24 / 100

31 / 100

Industry

12 / 100

22 / 100

Population

12 / 100

19 / 100

House Prices

62 / 100

60 / 100

Jobs

21 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Coffs Harbour HS Kororo PS
  • Tyalla Public School

    Coffs Harbour, NSW, 2450 State K-6

  • Bishop Druitt College

    Coffs Harbour, NSW, 2450 Independent K-12

  • Coffs Harbour Public School

    Coffs Harbour, NSW, 2450 State K-6

  • Casuarina Steiner School

    Coffs Harbour, NSW, 2450 Independent K-5

  • St Augustine's Primary School

    Coffs Harbour, NSW, 2450 Independent K-6

  • Narranga Public School

    Coffs Harbour, NSW, 2450 State K-6

  • Allegra School Coffs Harbour

    Coffs Harbour, NSW, 2450 Independent 9-10

  • Coffs Harbour High School

    Coffs Harbour, NSW, 2450 State 7-12

  • Kororo Public School

    Korora, NSW, 2450 State K-6

  • Orara High School

    Coffs Harbour, NSW, 2450 State 7-12


Property Story

Unit 6, 10-12 Tropic Lodge Place, Korora, Nsw, 2450 is a residential property with 5 bedrooms, 3 bathrooms and 1 Parking spaces. The estimated distance to the sea is only 0.74km and 0.35KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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