5 Atwal Way, Korora is a 5 bedroom, 3 bathroom AcreageSemi-rural with 4 parking spaces. The property has a land size of 1ha. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 5 bedroom AcreageSemi-rural sold in Korora in the last 12 months.
Set on an elevated 1-hectare lot, this spacious home is perfectly positioned to capture its stunning ocean and mountain outlook. Its northerly aspect and raised position ensure the home gets light and warmth year-round, and truly makes the most of the stunning view, whilst being only minutes from the beach and Coffs Harbours CBD.
The solid brick home presents in great condition and is complimented by its spacious light-filled areas and separate living zones suited to many family dynamics. Upstairs has an airconditioned open plan living area with polished timber floors, 3 bedrooms and 2 bathrooms including the en-suite of the master bedroom. The stunning views can be enjoyed from the majority of the upstairs areas, including the kitchen and living areas. Whilst the master bedroom captures some of the best views in the house and has a second entry to the sunny deck, a premium location for your morning coffee or afternoon drinks.
The downstairs area has an expansive living area, rumpus/multi-purpose room plus the 4th bedroom and 3rd bathroom. It has separate access and parking, ideal for extended family dynamics, a home business or creating a potential income stream via Airbnb or permanent letting options (STCA). Plus it has its own outdoor courtyard, with another spot to take in the picturesque outlook.
The home is set on 1 hectare, with the space to enjoy your own sanctuary, though not too much that you don't have the time to enjoy it. As you enter the gates you are met with the spectacular colours of the Maple and other beautiful trees and whilst you have the raised outlook, the property has multiple flat areas for use. Perfect for kids to play or chooks and the veggie gardens that are currently utilised. Added to this is bore water, to keep the veggies, fruit trees (Mango, Pomegranate, Banana, Orange) and plants watered and a 90,000L water tank ensuring optimal water security. Plus there is a separate single bay shed for extra storage of tools, motorbikes, surfboards etc.
Korora Basin is a natural paradise, boasting sub-tropical rainforest as well as temperate flora and crystal freshwater creeks. Compliments of its location, where the Great Dividing Range meets the coast, it is one of only a few locations where you get this mix of biodiversity, elevated ocean views minutes to the beach and all whilst being a short drive from the thriving regional centre of Coffs Harbour.
It will also benefit greatly from the upgrades to the bypass via improved access to the highway, greater connectivity to Coffs Harbour and very easy access to the North and South of Coffs Harbour and the great villages and natural wonders to be enjoyed, including Sawtell, Bellingen and Dorrigo World Heritage National Park, Woolgoolga, Emerald Beach, Sapphire Beach and the Orora Valley Hinterland plus many more.
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 1,512 properties. Over the last 5 years, Houses in Korora have seen a 58.09% increase in median value, while Units have seen a 61.90% increase. As at 31 October 2024:
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