OFF MARKET

11/10-12 Tropic Lodge Place
Korora NSW 2450

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
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Property Details for 11/10-12 Tropic Lodge Pl, Korora

11/10-12 Tropic Lodge Pl, Korora is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1995
Floor Size
54m2
Local Government
Coffs Harbour
Lot/Plan
11/SP70149

Last Listing description (July 2023)

Positioned in Tropic Oasis at Korora, this 2 bedroom villa represents great value for owner occupiers and investors alike.

Featuring a cosy living area with wood fire and air conditioning, a well-appointed kitchen with dishwasher, 2 good size bedrooms and a combined bathroom / laundry with shower and spa bath.

The balcony captures a scenic outlook over the lagoon and the pools, bbq area and games room make for a relaxed holiday lifestyle all year round.

Located just a few minutes drive to beautiful beaches and major shopping and with the option to live in, permanently rent or holiday let this is sure to be popular.

So be quick to contact The Edge Coffs Harbour for further information and to arrange a viewing.

Rental forecast: $420 - $440 per week

Rates: $2,559pa (approx.) - Strata fees: $8,068pa (approx.)

Property History for 11/10-12 Tropic Lodge Pl, Korora, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$310,000
26 May 2023
  • 26 May 2023
    Sold for $310,000
  • 25 Sep 2020
    Sold for $195,000
  • 07 Sep 2020
    Listed for Sale $199,000
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About Korora 2450

The size of Korora is approximately 16.7 square kilometres. It has 8 parks covering nearly 41% of total area. The population of Korora in 2011 was 2,224 people. By 2016 the population was 2,494 showing a population growth of 12.1% in the area during that time. The predominant age group in Korora is 50-59 years. Households in Korora are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Korora work in a professional occupation. In 2011, 69.8% of the homes in Korora were owner-occupied compared with 71.7% in 2016.

Korora has 1,518 properties. Over the last 5 years, Houses in Korora have seen a 62.13% increase in median value, while Units have seen a 44.21% increase. As at 31 July 2024:

  • The median value for Houses in Korora is $1,048,976 while the median value for Units is $626,942.
  • Houses have a median rent of $720 while Units have a median rent of $540.
There are currently 21 properties listed for sale, and 6 properties listed for rent in Korora on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Korora.

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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.