OFF MARKET

15 Tranquility Drive
Korora NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 919m2
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Property Details for 15 Tranquility Dr, Korora

15 Tranquility Dr, Korora is a 0 bedroom, 0 bathroom House. The property has a land size of 919m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Land Size
919m2
Local Government
Coffs Harbour
Lot/Plan
25/DP1046645

Last Listing description (September 2024)

Offering coastal living at its best, located in the tightly held, exclusive suburb of Korora, is this spectacular 919.3m2 north facing block of land with stunning mountain views and the added bonus of being only minutes walk to the beach.

The block provides a wide North-facing frontage as well as a double frontage option and offers multiple opportunities (subject to Coffs Harbour City Council approval). Build one large home or a dual occupancy: home plus an accompanying investment property to provide additional income or subdivide the land and sell a portion. Forget compromise here is your chance to have it all! There is an existing approved development application, which is valid until October 2026.

Only minutes to Park Beach Plaza, Park Beach Homebase, Coffs Harbour CBD and within the Korora primary school catchment, this vacant land is surrounded by quality homes and is also central to Moonee Market and within easy access to your favourite swimming, fishing and surfing beaches.

Property History for 15 Tranquility Dr, Korora, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$380,000
20 Nov 2020
  • 09 Sep 2024
    Listed for Sale $589,000
  • 20 Nov 2020
    Sold for $380,000
  • 02 Aug 2018
    Listed for Sale $399,000 - $439,000
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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 1,511 properties. Over the last 5 years, Houses in Korora have seen a 52.67% increase in median value, while Units have seen a 61.48% increase. As at 30 September 2024:

  • The median value for Houses in Korora is $1,016,436 while the median value for Units is $667,155.
  • Houses have a median rent of $705 while Units have a median rent of $550.
There are currently 27 properties listed for sale, and 2 properties listed for rent in Korora on OnTheHouse. According to CoreLogic's data, 46 properties were sold in the past 12 months in Korora.

Suburb Insights for Korora 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.