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Sold on 11 Apr 2024 - Price Unavailable

50 Parkes Drive
Korora NSW 2450

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Land area: 702m2
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Property Details for 50 Parkes Dr, Korora

50 Parkes Dr, Korora is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 702m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom House sold in Korora in the last 12 months.

Building Type
House
Land Size
702m2

Last Listing description (April 2024)

Enjoy cooling sea breezes and tranquil ocean views from this elevated 5 bedroom home in the prestigious beachside suburb of Korora.

Perfect for large families, the split-level design offers a flexible floor plan that could also suit dual or multi-generational living.

The upper 2 levels comprise of a spacious, light filled lounge room, quality stone kitchen with walk-in pantry and 2 large covered entertaining decks. Timber floors and ducted air conditioning add further appeal to this already impressive space.

Parents will appreciate the large master suite with ocean views, direct access to the balcony, built-in storage and ensuite with dual basins. While bedrooms two and three are complimented by a renovated main bathroom with European style laundry tucked behind mirrored sliding doors.

The lower level is almost a home within a home. Featuring 2 bedrooms, 2 bathrooms, a large living area and a kitchenette, it's the ideal spot for teenagers, in-laws, or with a little work could easily convert to a fully self-contained flat allowing for a passive income.

Outside, established gardens and easy-care lawns provide space for your kids and pets to play and the home is complete with a double lock up garage with internal access.

Situated a 10 minute walk to the beach and a 5 minute drive to Park Beach Plaza this wonderful family home offers incredible value for money.

Early inspection is highly recommended.

Rates: $3,459pa (approx.) - Land size: 702m2 (approx.)

Property History for 50 Parkes Dr, Korora, NSW 2450

A timeline of how this property has performed in the market
Last Sold
11 Apr 2024
Listed for Rent
$860/w
30 Jul 2024
  • 11 Apr 2024
    Sold for $1,100,000
  • 16 Jan 2024
    Listed for Sale $1,150,000
  • 23 Jun 2023
    Listed for Rent $860 / week
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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 1,517 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 20 properties listed for sale, and 5 properties listed for rent in Korora on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Korora.

Suburb Insights for Korora 2450

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Brett Finnie
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Jason Burnett
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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.