1/5 Herman Reick Ave, Korora is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1157m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
This well-presented two-bedroom unit in Korora offers comfortable living in a convenient coastal location. Featuring a spacious open-plan living area with reverse cycle air conditioning, the home provides year-round comfort and a welcoming space to relax.The modern kitchen is equipped with electric appliances and ample storage, making everyday cooking easy and practical. Both bedrooms include mirrored built-in wardrobes and ceiling fans.The property includes a well-appointed bathroom with a separate toilet, along with external laundry facilities, additional storage space and a single carport for convenience.Enjoy outdoor living with a covered entertaining area at the rear, front undercover porch, and a fully fenced backyard. Residents can also enjoy access to a communal in-ground swimming pool, ideal for cooling off during the warmer months. Ideally positioned only an 8 minute walk to the beach and Kororo Public School, and only an approximately 10-minute drive to the shops, cafes, restaurants, and services of Coffs Harbour, this property combines comfort, convenience, and a relaxed coastal lifestyle.
The size of Korora is approximately 16.7 square kilometres. There are 8 parks, covering nearly 41.0% of the total area. The population of Korora in 2016 was 2488 people. By 2021 the population was 2740 showing a population growth of 10.1% in the area during that time. The predominant age group in Korora is 60-69 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 2021, 76.10% of the homes in Korora were owner-occupied compared with 71.70% in 2016.
Korora has 1,523 properties. Over the last 5 years, Houses in Korora have seen a 26.88% increase in median value, while Units have seen a 65.74% increase. As at 30 June 2026:
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