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Korora, NSW 2450
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,100,000
market range $1M-$1.3M
Median Unit
$770,000
market range $550K-$825K
Gross Yield
-
1yr Growth (houses)
+0.8%
market range -10.0% to +12.5%
Investment snapshot for Korora
Korora has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Korora market and investor summary
In Korora, NSW 2450, the median house sells for around $1.1M. House prices have moved +0.8% over the past year. At 2.5% vacancy, it is a broadly balanced rental market.
Houses also take time to sell, around 87 days on market, so plan for a slower exit if you ever need one.
Living in Korora: people, income and schools
Korora has a resident population of roughly 2,740, a number that has held fairly steady over five years. At a median age of 44, it reads as skewed a little older, and 76% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $95,000 a year (about $1,830 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 11.6 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.
Families have 8 schools within roughly 5km to choose from, testing below the national school average on ICSEA. It is fairly car-dependent; the suburb scores 1 for walkability and 1 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 2,740
- +4% over 5yr
- Median age
- 44 years
- Median household income
- $95,000/yr
- Households renting
- 22%
- Family households
- 79%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 8
- avg ICSEA 927
- Unemployment
- 4.8%
- Walk score
- 1/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Korora
No properties currently listed in Korora
Search Korora listings →Frequently asked questions about Korora
What should I check before investing in Korora?
Korora has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Korora?
The median property price in Korora, NSW 2450 is $1.1M for houses and $770K for units.
What does recent house price growth show for Korora?
House prices in Korora are up 0.8% over the past year. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Korora?
The current vacancy rate in Korora is 2.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Korora?
Korora has a population of approximately 2,740 residents, with a median age of 44.
What schools are near Korora?
There are 8 schools within roughly 5km of Korora. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Korora affordable to buy in?
A median house in Korora costs about 11.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Korora's population growing?
The population of Korora has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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