5 Bay View Place, Korora, NSW 2450 sold on 28 March 2025 | OnTheHouse
 
SOLD
Sold on 28 Mar 2025 for $1,150,000

5 Bay View Place
Korora NSW 2450

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1612m2
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Property Details for 5 Bay View Pl, Korora

Building Type
Land
Land Size
1612m2

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

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Property History for 5 Bay View Pl, Korora, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$1,150,000
28 Mar 2025
  • 27 Mar 2025
    Listed for Sale $1,150,000
  • 27 Mar 2025
    Sold for $1,150,000
  • 01 Jul 2024
    Listed for Sale $1,250,000
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About Korora 2450

The size of Korora is approximately 16.7 square kilometres. It has 8 parks covering nearly 41.0% 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 1,523 properties. Over the last 5 years, Houses in Korora have seen a 50.80% increase in median value, while Units have seen a 91.95% increase. As at 30 November 2025:

  • The median value for Houses in Korora is $1,135,560 while the median value for Units is $714,503.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 23 properties listed for sale, and 9 properties listed for rent in Korora on OnTheHouse. According to Cotality's data, 59 properties were sold in the past 12 months in Korora.

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Sean Campbell
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PRD Real Estate Coffs Harbour
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