5 Bay View PlaceKorora NSW 2450
Property Details for 5 Bay View Pl, Korora
Last Listing description (March 2025)
This is a rare opportunity to secure a 1612m2 block of land with stunning ocean views in the exclusive beachside suburb of Korora. Surrounded by quality homes, this property is a gem in a highly sought-after location. Vacant land of this size is rarely available in the area, making it a truly unique find.
Imagine building your dream home with breathtaking ocean views and the convenience of being within walking distance to the beach. The property is also close to Korora Primary School and just a 5-minute drive from the Coffs Harbour CBD. With council approval, there is potential for subdivision, offering incredible investment opportunities.
Don't miss out on this unique chance to own a significant block of land in Korora. Whether you're looking to develop, invest, or create your dream home, this property offers endless possibilities.
My owners instructions are very clear and this unique parcel of land will be sold. Seize this rare opportunity to make your mark in one of Korora's most coveted areas. Your dream property awaits!
Council Rates: $4070.00 Per Annum
Property History for 5 Bay View Pl, Korora, NSW 2450
- 27 Mar 2025Listed for Sale $1,150,000
- 27 Mar 2025Sold for $1,150,000
- 01 Jul 2024Listed for Sale $1,250,000
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0About Korora 2450
The size of Korora is approximately 16.7 square kilometres. It has 8 parks covering nearly 41.0% of 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 37.45% increase in median value, while Units have seen a 74.06% increase. As at 31 January 2026:
- The median value for Houses in Korora is $1,126,142 while the median value for Units is $702,402.
- Houses have a median rent of $650 while Units have a median rent of $600.
Suburb Insights for Korora 2450
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