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Investment Property Torquay, VIC, 3228

Suburb Snapshot

Torquay is a suburb in the Surf Coast Region of Victoria. Torquay has a population of 13,260 people and 16.86% of its occupants live in rental accommodation. The median listing price for houses is $1,267,500 and this has changed 0.19% over the past year and changed -2.13% over 2 years.

The median rent in Torquay for houses is $670 per week and the median rental yield is 2.74%. Stock on the market for houses/townhouses has changed 8.22% compared to last year and the average time to sell a house/townhouse is 108 days.The median listing price for units is $825,000 and this has changed -2.37% over the past year. The average unit takes 205 days to sell and the median rent for a unit in Torquay is $500 per week, producing a rental yield of 3.15%.

Supply & Demand in Torquay, Surf Coast

0.62%

Current vacancy rate


59

Rental stock available


13,260

Population


16.86%

Rental population


0.39%

Current vacancy rate


91

Rental stock available


29,397

Population


12.14%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Torquay, Surf Coast

  House Townhouses Units
Median listing price $1,267,500 $860,000 $825,000
Median price change - last quarter -0.59% 1.17% 3.12%
Median price change - 1 year 0.19% -9.48% -2.37%
Median price change - 2 years -2.13% -7.53% -3.96%
  House Townhouses Units
Median weekly rent $670 $625 $500
Median yield % 2.74% 3.77% 3.15%
Median rent change - 1 year 3.07% -0.80% 4.16%
  House Units
Previous month sales 39 2
Stock on market previous month 237 16
Stock variance vs. last year 8.22% 14.29%
Average days on market 108 205

Torquay investment property listings

Showing 1 of 1 investment properties found in Torquay on realestateinvestar.com.au

18 Cylinders Dr, Torquay

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Just Completed! Unit 2 Now Sold

Three brand new warehouse just finished Ranging from 162-389sqm, these factories offer an opportunity to purchase now, prior to completion. Modern tilt panel construction and with ample off street parking, these warehouses are a great opportunity for owner occupier or investor. Warehouse 1  92m2 ...

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Commercial

VIC 3228


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