OFF MARKET

2/7 Russ Hammond Close
Korora NSW 2450

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 296m2
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Property Details for 2/7 Russ Hammond Cl, Korora

2/7 Russ Hammond Cl, Korora is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 296m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
Unit
Year Built
1998
Land Size
296m2
Local Government
Coffs Harbour
Lot/Plan
2/SP58392

Last Listing description (November 2017)

Located in the premium coastal suburb of Korora is this fantastic opportunity to enter the market, invest or downsize into a low maintenance, neat and tidy home. With opportunities under $400,000 being very rare in the current market and particularly in locations such as Korora the time to buy is now. Consisting of 3 bedrooms, open plan living and dining, 3-way bathroom plus a study located at the rear of the single garage this property ticks all of the boxes. The newly renovated kitchen is sure to impress and will satisfy the chef in the family. The property is North facing and has a great outdoor, undercover entertaining area which is private and bathed in sunlight. Within walking distance of the beach and local schools and within minutes drive of the Coffs Harbour CBD this home won t be on the market for long.
Land Size: 296sqm Council Rates: $2461.5 p/a

Property History for 2/7 Russ Hammond Cl, Korora, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$375,000
08 Nov 2017
Listed for Rent
$375/w
24 Jul 2013
  • 08 Nov 2017
    Sold for $375,000
  • 28 Jul 2017
    Listed for Sale $389,000
  • 26 Jun 2013
    Listed for Rent - Price not available
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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 1,516 properties. Over the last 5 years, Houses in Korora have seen a 54.97% increase in median value, while Units have seen a 50.78% increase. As at 31 August 2024:

  • The median value for Houses in Korora is $1,037,442 while the median value for Units is $614,978.
  • Houses have a median rent of $720 while Units have a median rent of $535.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Korora on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Korora.

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