NSW/
Korora

Suburb Profile

Korora - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2450

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Property investors enjoyed capital gains of 18.11% over the last 12 months in KORORA, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 4.56% growth over a ten-year period. It ranks 1768th on our list of suburbs that property investors should look into.

KORORA, 2450 has a capital gain of 18.11% for the past year, which is higher than average compared to its 35.26% growth within a five-year period.

With the median home price in KORORA sitting at $642,500, and the average rent at $460, property owners could potentially earn a 3.72% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in KORORA are high, as opposed to average gains per annum over the past five years.

KORORA, 2450 in NSW belongs to the local government area of Coffs Harbour.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $642,500 $380,000
GROWTH REPORT
Median Quarterly 8.9% 5.7%
Median 12 month 18.11% 5.85%
Median 3 years 39.67% 19.5%
Median 5 years 35.26% N/A
10 years average annual 4.56% 2.92%
Weekly media advert. rent $460 $380
Time on Market 110.7 days 115.4 days
Gross Rental Yield Percent 3.72% 5.2%
demographics (median values)
Total Population
1971
Weekly Household Income
1072
Household Size
2.60
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