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Sold on 30 Sep 2024 - Price Unavailable

5 Melrose Place
Korora NSW 2450

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 817m2
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Property Details for 5 Melrose Pl, Korora

5 Melrose Pl, Korora is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 817m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Korora in the last 12 months.

Building Type
House
Land Size
817m2

Last Listing description (September 2024)

If it's a sea-change you seek then 5 Melrose Place will impress.

This hidden gem is just minutes north of Coffs Harbour's CBD but a thousand miles from care.

Featuring picture postcard views over Korora Bay through to Diggers headland, this stylish 4 bedroom architect designed home will appeal to a wide range of buyers, from families to empty nesters still requiring room to accommodate family and friends from time to time, or Airbnb holiday investors.

With stunning ocean views from almost every room this executive home has been designed for entertaining both inside and out, while the 2.5 metre feature windows in the sunken lounge room ensure that even the chef in the quirky galley style kitchen and the guests seated at the dining table don't miss out on the view.

FEATURES:

- Stunning ocean views and cooling breezes

- Perfect easterly aspect

- Private Alfresco entertaining terrace

- Front row seats to the migrating whale superhighway

- Oversized master suite, lounge and deck

- All weather patio

- Study nook

- Media / rumpus room, or 5th bedroom

- Large, private and low maintenance 817m2 block

- Drive through garage for secure boat or jet-ski storage

- Lush gardens with a yard for the kids or grandchildren

- Short walk to the beach

- No through traffic

Property History for 5 Melrose Pl, Korora, NSW 2450

A timeline of how this property has performed in the market
Last Sold
30 Sep 2024
Listed for Rent
$580/w
07 Jun 2014
  • 16 Sep 2024
    Sold for $1,580,000
  • 18 Jun 2024
    Listed for Sale Offers Invited
  • 17 Oct 2023
    Listed for Sale Not Disclosed
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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 58.87% increase in median value, while Units have seen a 63.56% increase. As at 30 November 2024:

  • The median value for Houses in Korora is $1,042,890 while the median value for Units is $649,164.
  • Houses have a median rent of $695 while Units have a median rent of $545.
There are currently 21 properties listed for sale, and 3 properties listed for rent in Korora on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Korora.

Suburb Insights for Korora 2450

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Philip Talbot
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The Agency Coffs Harbour
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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.