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5 Malibu Drive, Korora$1.27m
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5 Malibu Drive

Korora, NSW 2450, Australia
$1.27m
5 bed 4 bath 2 car709 m²

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About this property

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 709.5m2 Council rates $3,226pa Zoning R2 residential Disclaimer: 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 Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
4
Parking
2
Land Area
709 m²
Listed
3 months ago

Repayment calculator

$6,181/month
$3,091 /fortnight
Loan $1,020,000 at 6.10% over 30 years

Upfront costs

Deposit$255,000
Stamp duty$50,349
Conveyancing (est.)$2,000
Total upfront$307,349
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Korora

This 5-bedroom house in Korora, NSW 2450 sits within reach of public transport, local shops and nearby schools. It is listed 11% above the $1.15m median of 70 comparable houseswithin 5 km.

Schools near Korora

  • Kororo Public Schoolprimary · K-6 · CoEd

What's nearby

  • Pacific Hwy before Charlesworth Bay Rd (bus)1.1 km away
  • Candy Kitchens Australia1.7 km away
  • Korora Beach Reserve686 m away
  • Unnamed1.1 km away
  • Unnamed1.3 km away

Korora at a glance

Full suburb profile
Population
2,740
Median age
44
Household income
$1,829/wk
Median rent
$450/wk
Median mortgage
$1,950/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Korora price trend

Median sold · House 4 bed

Compound growth +2.4% / yr over 4 yrs

$1.17mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Korora market

Within 5km

Nearby Properties

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