5/16 Shell Cove LaneKorora NSW 2450
Property Details for 5/16 Shell Cove Lane, Korora
5/16 Shell Cove Lane, Korora is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1193m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in September 2015.
Last Listing description (September 2015)
Located within a 100m level walk to the beach is this fantastic opportunity for first home buyers or investors. A rare opportunity in this location the unit is part of a small block of only 5. Access to a shared pool and with its own undercover parking space, everything you need is right here. Currently rented at $315 per week this is a solid investment that will have capital gains in the future. Neat and tidy throughout there are 3 good sized bedrooms, ample living space and a large bathroom. A simple investment or first home - you can t go wrong.
Property History for 5/16 Shell Cove Lane, Korora, NSW 2450
- 25 Mar 2017Listed for Rent - Price not available
- 23 Nov 2016Listed for Rent - Price not available
- 16 Dec 2015Listed for Rent - Price not available
Recent sales nearby
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0About Korora 2450
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 1,522 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:
- The median value for Houses in Korora is $1,163,218 while the median value for Units is $737,746.
- Houses have a median rent of $785 while Units have a median rent of $540.
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