79 Korora Basin Road, Korora NSW 2450
This property is Off Market
- Last sold 8/23/2024 for $1,475,000. The Average property price in this area is $1,074,257, this is based on recent transactions.
- Internet speed Download 50 Mbps / Upload 20 Mbps
- Distance to the coast 1.82 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/3/2024 42 FINLAYS RD $1,770,000
- 8/30/2024 66 OLD COAST RD $1,080,000
- 8/9/2024 26 OLD COAST RD $1,100,000
- 8/7/2024 10 TROPIC LODGE PL $250,000
- 8/6/2024 3 LAGOONA CL $2,000,000
About Korora - Emerald Beach
With an average age of 45, households expect an average monthly mortgage payment of $1,950 or a weekly rent payment of $400. The average family earns a weekly income of $1,781 with a typical household size of 2.8 and a 94.36% 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
Sawtell
General Points of Interest
Flipout
Brelsford Park Tennis Club
St Augustine's Courts
Coffs Central
ANZAC Memorial
Coffs Coast Tigers Football Club
Coffs F1 Kart Hire
T Block Gym
Moonee Marketplace
Bunker Cartoon Gallery
Population
(Country of Birth not stated 3%)
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 CatchmentsKororo PS Coffs Harbour HS
-
Casuarina Steiner School
Coffs Harbour, NSW, 2450 Independent K-5 -
Tyalla Public School
Coffs Harbour, NSW, 2450 State K-6
Property Story
79 Korora Basin Road, Korora, Nsw, 2450 is a residential property with 5 bedrooms, 3 bathrooms and 3 Parking spaces. The estimated value of this home is $1,810,000 while properties of this type typically sell for between $960,000 and $1,250,000 in this suburb. The estimated distance to the sea is only 1.82km and 0.58KM 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
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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