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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 $1,260,000 and this has changed -1.57% over the past year and changed -2.71% over 2 years.

The median rent in Torquay for houses is $670 per week and the median rental yield is 2.76%. Stock on the market for houses/townhouses has changed 4.27% compared to last year and the average time to sell a house/townhouse is 118 days.The median listing price for units is $840,000 and this has changed 1.81% over the past year. The average unit takes 205 days to sell and the median rent for a unit in Torquay is $515 per week, producing a rental yield of 3.18%.

Supply & Demand in Torquay, Surf Coast

0.70%

Current vacancy rate


67

Rental stock available


13,260

Population


16.86%

Rental population


0.46%

Current vacancy rate


107

Rental stock available


29,397

Population


12.14%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Torquay, Surf Coast

  House Townhouses Units
Median listing price $1,260,000 $855,000 $840,000
Median price change - last quarter -0.59% 1.17% 3.12%
Median price change - 1 year -1.57% -7.57% 1.81%
Median price change - 2 years -2.71% -5.79% -5.62%
  House Townhouses Units
Median weekly rent $670 $620 $515
Median yield % 2.76% 3.77% 3.18%
Median rent change - 1 year 3.07% -1.59% 7.29%
  House Units
Previous month sales 26 0
Stock on market previous month 220 14
Stock variance vs. last year 4.27% -12.50%
Average days on market 118 205

Torquay investment property listings

Showing 2 of 2 investment properties found in Torquay on realestateinvestar.com.au

12 Danawa Dr, Torquay

$1,300,000

property pic

Views, Versatility & Lifestyle

You'll Love: The generous single-level living with three distinct zones - theatre, rumpus, & open plan hub - offering flexibility & space for the whole family. Relaxing on the expansive north-facing deck, overlooking the lawn & serene rural views, with birdsong & changing light from sunrise to ...

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House

VIC 3228


1/18 Cylinders Dr, Torquay

$1,590,000

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Three Level Factory With A Lift

This brand new warehouse is something to behold. Not your run of the mill factory, instead offering both basement and first floor areas, with lift accessing all floors. Offering street frontage and access, the main factory at ground level is 189sm. Basement factory of 92sm and offering office or ...

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Commercial

VIC 3228


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