SOLD
Sold on 25 Jul 2024 for $250,000

6/10-12 Tropic Lodge Place
Korora NSW 2450

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 178m2
Land area: 5911m2
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Property Details for 6/10-12 Tropic Lodge Pl, Korora

6/10-12 Tropic Lodge Pl, Korora is a 3 bedroom, 3 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 5911m2 and floor size of 178m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Unit sold in Korora in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
178m2
Land Size
5911m2
Local Government
Coffs Harbour
Lot/Plan
6/SP70149

Last Listing description (July 2021)

This fully air conditioned, 5 bedroom, 3 bathroom, 2 storey villa can sleep up to 17 people. It boasts 2 living areas and 2 outdoor entertaining areas plus there is access to the on-site swimming pools, BBQ area, small gym and kids recreation room and outdoor play areas and there is also a designated off street parking space as well.

There is the possibility to split the property (STCA) into two and live in one level and rent out the other.

Currently being utilised as a holiday rental but could easliy be set up as a long term rental for a large group of workers.

Arguably one of the best value properties on the market today.

Rates: $2,557pa (approx.) - Strata fees: $9471.88pa (approx.)

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Property History for 6/10-12 Tropic Lodge Pl, Korora, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$250,000
25 Jul 2024
  • 25 Jul 2024
    Sold for $250,000
  • 10 Mar 2021
    Sold for $365,000
  • 24 Feb 2021
    Listed for Sale $360,000 - $380,000
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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 1,512 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:

  • The median value for Houses in Korora is $1,050,224 while the median value for Units is $649,126.
  • Houses have a median rent of $715 while Units have a median rent of $540.
There are currently 24 properties listed for sale, and 4 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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