Thinking about buying in Korora? Now could not be a better time, with 1726 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $961,000 with prices in this suburb ranging from $28,000 to $8,477,000. Korora is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Median Weekly Rent | $439.40 |
Median Monthly Mortgage | $1845.80 |
Median Persons Per Bedroom | 0.72 |
Average Household Size | 2.40 |
Average Age | 48.00 |
Average Income | $883.60 |
Average Cars Per Dwelling | 1.89 |
Average Properties Within 50M | 11 |
1 Bed  $497,000 |
2 Bed  $470,000 |
3 Bed  $939,000 |
4 Bed  $1,244,000 |
5 Bed  $1,327,000 |
6 Bed+$1,611,000 |
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.
15 KORORA BAY DR, KORORA, NSW, 2450 | 4 | 2 | 2 | Auction | |
UNIT 8, 36 SANDY BEACH RD, KORORA, NSW, 2450 | 1 | 1 | 1 | $420,000 | |
UNIT 2, 21 BALLANTINE DR, KORORA, NSW, 2450 | 3 | 2 | 2 | $779,000 | |
15 TRANQUILITY DR, KORORA, NSW, 2450 | 0 | 0 | 0 | $589,000 | |
6 SEASIDE CL, KORORA, NSW, 2450 | 4 | 3 | 2 | $1,050,000 - $1,150,000 | |
28 TREVALLY ST, KORORA, NSW, 2450 | 4 | 2 | 2 | $1,249,000 | |
7 BREAKERS WAY, KORORA, NSW, 2450 | 4 | 3 | 2 | Contact Agent - Inspection By Appointment |
Kororo Public School
Orara High School
(While the above schools are located with the suburb of Korora there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 4.0 | 20.8 | 28.8 | 60.0 | 88.6 | 5.2 | 24.1 |
Feb | 10.5 | 20.1 | 28.1 | 60.8 | 91.2 | 4.5 | 19.3 |
Mar | 11.9 | 18.9 | 26.7 | 63.1 | 92.5 | 4.5 | 15.8 |
Apr | 4.3 | 15.2 | 24.7 | 56.4 | 92.5 | 3.8 | 14.9 |
May | 3.0 | 12 | 22.6 | 52.9 | 92.2 | 3.4 | 12.3 |
Jun | 3.3 | 9.8 | 20.1 | 54.0 | 91.5 | 3.7 | 11.0 |
Jul | 1.1 | 7.7 | 20.2 | 47.3 | 92.9 | 3.4 | 12 |
Aug | 1.7 | 8.0 | 21.2 | 43.0 | 92.0 | 3.7 | 15.2 |
Sept | 2.1 | 11.3 | 22.9 | 46.7 | 90.2 | 4.5 | 17.7 |
Oct | 3.5 | 14.0 | 24.1 | 53.8 | 90.7 | 4.6 | 20.7 |
Nov | 1.2 | 16.5 | 26.5 | 49.8 | 87.5 | 5.1 | 24.9 |
Dec | 6.5 | 19.0 | 27.4 | 57.9 | 88.5 | 5.2 | 23.0 |
source: Australian Government Bureau of Meteorology
01-11-2024 | $525,000 | 16 / 36 SANDY BEACH RD |
28-10-2024 | $1,580,000 | 5 MELROSE PL |
23-10-2024 | $80,000 | 16 / 675 PACIFIC HWY |
03-10-2024 | $1,770,000 | 42 FINLAYS RD |
30-08-2024 | $1,080,000 | 66 OLD COAST RD |
23-08-2024 | $1,475,000 | 79 KORORA BASIN RD |
09-08-2024 | $1,100,000 | 26 OLD COAST RD |
07-08-2024 | $250,000 | 6 / 10 TROPIC LODGE PL |
06-08-2024 | $2,000,000 | 3 LAGOONA CL |
01-08-2024 | $1,100,000 | 50 PARKES DR |
31-07-2024 | $1,400,000 | 24 BRUCE TAYLOR CCT |
12-07-2024 | $1,075,000 | 29 JAMES SMALL DR |
11-07-2024 | $1,235,000 | 25 BALLANTINE DR |
27-06-2024 | $560,000 | 3 / 24 LINKS AVE |
18-06-2024 | $1,550,000 | 19 NORMAN HILL DR |
11-06-2024 | $820,000 | 1 / 1 SANDY BEACH RD |
23-05-2024 | $800,000 | 5 JAMES SMALL DR |
15-05-2024 | $1,050,000 | 4 KORORA BAY DR |
08-05-2024 | $525,000 | 1 BLUE LUBEN CL |
11-04-2024 | $1,750,000 | 24 NORMAN HILL DR |
05-04-2024 | $16,000,000 | 21 DAINTREE DR |
27-03-2024 | $1,100,000 | 4 SANDY BEACH RD |
22-03-2024 | $825,000 | 3 / 9 BALLANTINE DR |
27-02-2024 | $1,415,000 | 2 BLUE LUBEN CL |
22-02-2024 | $1,250,000 | 27 NORMAN HILL DR |
31-01-2024 | $740,000 | 11 / 1 GANNET PL |
30-01-2024 | $925,000 | 78 JAMES SMALL DR |
30-01-2024 | $1,089,200 | 6 / 10 DAINTREE DR |
30-01-2024 | $845,000 | 6 / 31 SANDY BEACH RD |
19-01-2024 | $807,500 | 2 / 21 BALLANTINE DR |
17-01-2024 | $1,100,000 | 18 NORMAN HILL DR |
15-01-2024 | $990,000 | 2 / 17 KORORA BAY DR |
15-01-2024 | $1,375,000 | 35 TREVALLY ST |
11-01-2024 | $1,240,000 | 5 ATWAL WAY |
20-12-2023 | $850,000 | 2 / 28 SANDY BEACH RD |
15-12-2023 | $1,250,000 | 1 TREVALLY ST |
15-12-2023 | $1,950,000 | 15 BRUCE TAYLOR CCT |
11-12-2023 | $625,000 | 1 FERN TREE PL |
07-12-2023 | $960,000 | 3 ARDEN ST |
01-12-2023 | $1,310,000 | 4 SHELL COVE LANE |
28-11-2023 | $1,200,000 | 3 TROPIC LODGE PL |
13-11-2023 | $800,000 | 70 FINLAYS RD |
08-11-2023 | $1,100,000 | 298 BRUXNER PARK RD |
03-10-2023 | $800,000 | 22 SANDY BEACH RD |
03-10-2023 | $1,050,000 | 38 COACHMANS CL |
03-10-2023 | $800,000 | 22 SANDY BEACH RD |
03-10-2023 | $1,050,000 | 38 COACHMANS CL |
06-09-2023 | $1,440,000 | 17 SANDY BEACH RD |
05-09-2023 | $805,000 | 10 / 1 SHEARWATER PL |
30-08-2023 | $885,000 | 5 / 31 SANDY BEACH RD |
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