27 Coral StreetCorindi Beach NSW 2456
Property Details for 27 Coral St, Corindi Beach
27 Coral St, Corindi Beach is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 806m2 and floor size of 186m2. While the property is not currently for sale or for rent, it was last sold in April 2020.
Last Listing description (May 2023)
This well-presented Corindi Beach home sits on a large 806.3m2 block and offers a fantastic 7.5% approx. gross return on investment!
The separate upstairs/downstairs home offers a dual rental opportunity, currently tenanted at $860/week. The yard is fenced and offers an entertaining gazebo to the rear, plus a massive colorbond garage, separated by an internal wall, allowing both residences a lockable tandem length car space and storage.
Situated in a fantastic location, just a short drive or walk to the beach and primary school, this great investment property boasts 6 bedrooms, 3 bathrooms, 2 kitchens, 1 kitchenette, 2 laundry's, 4 car garage, extra off street car parking space, a gazebo, up and downstairs patios, and it is set up so that up and downstairs can be rented out separately with their own outdoor spaces and garage split.
Rates: $3,181.78
Land size: 806.3m2
Property History for 27 Coral St, Corindi Beach, NSW 2456
- 17 May 2023Listed for Sale $599,000
- 22 Feb 2023Listed for Rent $480 / week
- 28 Jul 2021Listed for Rent $490 / week
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About Corindi Beach 2456
The size of Corindi Beach is approximately 24.3 square kilometres. It has 3 parks covering nearly 14.5% of total area. The population of Corindi Beach in 2011 was 1,453 people. By 2016 the population was 1,680 showing a population growth of 15.6% in the area during that time. The predominant age group in Corindi Beach is 0-9 years. Households in Corindi Beach are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Corindi Beach work in a trades occupation. In 2011, 68.1% of the homes in Corindi Beach were owner-occupied compared with 69.3% in 2016.
Corindi Beach has 845 properties. Over the last 5 years, Houses in Corindi Beach have seen a 63.15% increase in median value, while Units have seen a -44.05% decrease. As at 31 October 2024:
- The median value for Houses in Corindi Beach is $895,678 while the median value for Units is $232,280.
- Houses have a median rent of $675.
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