5 Malibu Drive, Korora, NSW 2450 sold on 05 June 2026 | OnTheHouse
SOLD
Sold on 05 Jun 2026 for $1,275,000

5 Malibu Drive
Korora NSW 2450

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Land area: 710m2
Sold By
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First National Real Estate Coffs Coast
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Property Details for 5 Malibu Dr, Korora

5 Malibu Dr, Korora is a 5 bedroom, 4 bathroom House with 2 parking spaces. The property has a land size of 710m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 5 bedroom House sold in Korora in the last 12 months.

Building Type
House
Land Size
710m2
Local Government
Coffs Harbour
Lot/Plan
131/DP1144766

Last Listing description (July 2026)

5 Malibu stands apart from the ordinary with its thoughtful architectural design and appealing, deceptive floor plan. Located in one of the Coffs Coast's most popular beachside neighbourhoods, and within walking distance of Korora Bay, this impressive modern residence captures the perfect balance of relaxed luxury and coastal living.With the addition of many recent top quality updates undertaken by the owners, the property is ready for new buyers to move in, down tools and thoroughly enjoy the feel of this beautiful home.First impressions are immediately drawn to the cedar panelling at the front of the home and the impressive rosewood front door. Step inside the entrance and you will not be disappointed. After walking down the impressive hallway, the elevated aspect is enhanced by a striking picture window from the main balcony looking out to the leafy and hinterland vista. The flexible layout firstly features four bedrooms plus indoor-outdoor living areas on the upper/ground floor, allowing for residents to live, sleep and entertain on that one level. Secondly, downstairs, the lower ground floor provides an oversized studio with private entrance. This provides the perfect space for visiting guests, multi generational living or additionally the opportunity to operate an airbnb.Back upstairs, the living spaces and bedrooms surround a light-filled central courtyard, complete with new eco-decking, which creates a welcoming hub for everyday living and entertaining. Those who love hosting will appreciate the choice of indoor and outdoor spaces, along with the striking light-filled kitchen which is a pleasure to prepare and serve from.The spacious master suite enjoys its own ensuite and private outdoor balcony with peaceful mountain views. At the front of the home, the guest bedroom has separate external access and its own ensuite, offering comfort and privacy for visitors. The two other bedrooms open out to the central terrace, and the main bathroom services these rooms.Downstairs the studio features a spacious living/dining room together with a well equipped kitchenette, generous bedroom, smart bathroom, laundry, air conditioning, and relaxing balcony. A very private retreat with the perfect leafy aspect. Extended family or guests will never want to leave!Conveniently located just a short five-minute drive from the heart of Coffs Harbour and all major amenities, as well as Kororo Primary School being just down the road, this home delivers quality, space, privacy, and an easygoing coastal vibe. It will certainly tick many boxes.Land size 709.5m2Council rates $3,226paZoning R2 residentialDisclaimer: Whilst all care has been taken to ensure accuracy of the information, no warranty can be given. Interested parties must therefore make their own independent enquiries.

Property History for 5 Malibu Dr, Korora, NSW 2450

A timeline of how this property has performed in the market
Last Sold
$1,275,000
05 Jun 2026
Listed for Rent
$320/w
16 Apr 2016
  • 05 Jun 2026
    Sold for $1,275,000
  • 12 Mar 2026
    Listed for Sale $1.275 million
  • 13 Sep 2019
    Sold for $777,500
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About 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 1,523 properties. Over the last 5 years, Houses in Korora have seen a 21.04% increase in median value, while Units have seen a 53.68% increase. As at 31 July 2026:

  • The median value for Houses in Korora is $1,129,074 while the median value for Units is $710,010.
  • Houses have a median rent of $780 while Units have a median rent of $535.
There are currently 25 properties listed for sale, and 7 properties listed for rent in Korora on OnTheHouse. According to Cotality's data, 56 properties were sold in the past 12 months in Korora.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.