383 Old Coast Rd, Korora is a 4 bedroom, 3 bathroom House with 6 parking spaces and was built in 1985. The property has a land size of 3098m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in March 2022.
Located at the Northern end of Old Coast Road this unique property provides options that would suit the owner occupier or investor. The property consists of a Federation style home with beautiful French doors that lead out onto a large wrap around veranda and Gazebo, perfect for entertaining guests and alfresco dining.
Alongside the home is a large and very private self-contained granny flat with 2 car spaces, full kitchen, and a separate bedroom. The 3098sqm property also boasts a double lock up garage and double carport. Situated a short drive to local beaches, 15 mins drive to CBD and currently earning a combined rental income of $685 per week.
Main house:
3 bedrooms and 2 bathrooms
Large living and dining area
French Doors and high ceilings
Wrap around veranda and gazebo
DLUG and double carport
Granny flat:
Separate bedroom and full kitchen
Bathroom / laundry and living area
2 cars paces at the rear
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 1,524 properties. Over the last 5 years, Houses in Korora have seen a 29.13% increase in median value, while Units have seen a 61.33% increase. As at 30 April 2026:
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