SOLD
Sold on 12 Jun 2024 for $1,200,000

345 Orara Way
Coramba NSW 2450

Bedrooms: 6
Bathrooms: 2
Car spaces: 4
Land area: 45660m2
Sold By
First National Real Estate Coffs Coast
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Property Details for 345 Orara Way, Coramba

345 Orara Way, Coramba is a 6 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 45660m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 6 bedroom House sold in Coramba in the last 12 months.

Building Type
House
Land Size
45660m2
Local Government
Coffs Harbour
Lot/Plan
1/DP1234770

Last Listing description (July 2024)

Enjoy an idyllic country lifestyle on this 11.2-acre property conveniently located on the Orara Way between the villages of Coramba & Nana Glen, in the picturesque Orara Valley. Comprising two comfortable, recently updated 3-bedroom homes, perfect for anyone seeking an independent dual living arrangement or passive income.

Application for dual occupancy has been lodged at council, awaiting final approval.

This delightful rural oasis is only a 20-minute drive away from Coffs Harbour, providing easy access to beaches and major health, shopping, education, and sporting facilities.

Dwelling 1:
Elevated position with lovely views towards Mt. Coramba
Spacious living room with in-built combustion wood-fired heater; air con
Large sunlit dining area; covered outdoor entertaining area
Contemporary style kitchen with abundant storage & quality appliances:-
pyrolytic self-cleaning oven, induction cooktop, dishwasher
Three large bedrooms with built-in robes
Modern bathroom plus second toilet/powder room
Easy care flooring, new blinds, recently painted throughout
Rental income forecast $675 per week.

Dwelling 2:
Renovated home with new flooring and freshly painted throughout
Open plan living dining room with combustion wood heater and air con
Modern kitchen, wall oven, induction cooktop, stainless steel dishwasher
Generously sized bedrooms; built-in robes, main with access to verandah
Tiled, easy access bathroom and combined laundry
Front verandah overlooking the property
Rental income forecast $575 per week.

The Land:
4.5 hectares (11.2 acres), fully fenced
Spring-fed dam; flood free land
Established trees include macadamia, mango, plum & lemon.

Additional features:
Dwellings have independent power meters, tank water and septic system
Two driveways: one for daily use plus wider access for trucks or larger vehicles
Double lock-up garage with power, lights, and remote roller doors
Two open machinery sheds; Lockable tool shed; chicken coop

Land Size: Approx. 4.5ha
Rates: Approx. $2,296 per annum

Don't miss this opportunity to consider your new country lifestyle. Schedule a viewing today and start envisioning the endless possibilities awaiting you!

Disclaimer: Whilst all care has been taken to ensure accuracy of the information, no warranty can be given. Interested parties must therefore make their own independent enquiries.

Property History for 345 Orara Way, Coramba, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$1,200,000
12 Jun 2024
  • 12 Jun 2024
    Sold for $1,200,000
  • 14 May 2024
    Listed for Sale $1,200,000
  • 13 Oct 2023
    Listed for Sale $1,250,000 - $1,300,000
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About Coramba 2450

The size of Coramba is approximately 53.9 square kilometres. It has 4 parks covering nearly 48.3% of total area. The population of Coramba in 2011 was 768 people. By 2016 the population was 804 showing a population growth of 4.7% in the area during that time. The predominant age group in Coramba is 50-59 years. Households in Coramba are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Coramba work in a professional occupation. In 2011, 82.7% of the homes in Coramba were owner-occupied compared with 85.5% in 2016.

Coramba has 371 properties. Over the last 5 years, Houses in Coramba have seen a 94.88% increase in median value, while Units have seen a 121.91% increase. As at 30 November 2024:

  • The median value for Houses in Coramba is $926,514 while the median value for Units is $508,202.
  • Houses have a median rent of $605.
There are currently 2 properties listed for sale, and no properties listed for rent in Coramba on OnTheHouse. According to CoreLogic's data, 12 properties were sold in the past 12 months in Coramba.

Suburb Insights for Coramba 2450

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.