69 Rippingales RoadKorora NSW 2450
Property Details for 69 Rippingales Rd, Korora
69 Rippingales Rd, Korora is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 33350m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
Last Listing description (May 2019)
Featuring an eclectic 3 bedroom cottage that would make an ideal artist's retreat, this 3.3Ha property has the potential to be subdivided into 3 lots under the current zoning. Lot 1 would retain the existing cottage and packing shed, while lot 2 would feature stunning ocean and valley views, with lot 3 offering seclusion and potential ocean views.
The opportunities are endless live in the cottage and sell off the other 2 lots once approved and potentially recoup the purchase price, live in the cottage while you build your dream home on lot 2, then sell lot 1 and 3 and potentially recoup the purchase price, or holiday let the cottage while you landbank for future development.
A town planner's recommendations and development application costings are available, along with recommended resale pricing for Lot 1, 2 and 3. Substantial homes have already been built in the area to take advantage of this unique location that offers privacy, tranquillity and stunning views.
- Eclectic 3 bedroom cottage that is packed with charming features
- Packing shed has tremendous artist's studio potential
- Rustic dine-in kitchen equipped with gourmet gas appliances
- Features hardwood floors and working fireplace
- Original stainedglass windows and doors
- Moments to Park Beach Plaza and Moonee Beach Marketplace
Property History for 69 Rippingales Rd, Korora, NSW 2450
- 14 Feb 2020Sold for $630,000
- 18 Mar 2019Listed for Sale $669,000
- 21 Jul 2018Listed for Sale PRICE GUIDE $649,000
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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