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Investment Property Torquay, QLD, 4655

Suburb Snapshot

Torquay is a suburb in the Fraser Coast Region of Queensland. Torquay has a population of 6,318 people and 32.46% of its occupants live in rental accommodation. The median listing price for houses is $650,000 and this has changed 4.92% over the past year and changed 13.04% over 2 years.

The median rent in Torquay for houses is $530 per week and the median rental yield is 4.24%. Stock on the market for houses/townhouses has changed -39.44% compared to last year and the average time to sell a house/townhouse is 96 days.The median listing price for units is $450,000 and this has changed 8.43% over the past year. The average unit takes 89 days to sell and the median rent for a unit in Torquay is $450 per week, producing a rental yield of 5.20%.

Supply & Demand in Torquay, Fraser Coast

0.76%

Current vacancy rate


31

Rental stock available


6,318

Population


32.46%

Rental population


0.57%

Current vacancy rate


335

Rental stock available


101,501

Population


24.30%

Rental population


0.87%

Current vacancy rate


20,720

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Torquay, Fraser Coast

  House Townhouses Units
Median listing price $650,000 $557,000 $450,000
Median price change - last quarter 2.36% 7.11% 0.22%
Median price change - 1 year 4.92% 7.11% 8.43%
Median price change - 2 years 13.04% 32.61% 15.38%
  House Townhouses Units
Median weekly rent $530 $430 $450
Median yield % 4.24% 4.01% 5.20%
Median rent change - 1 year 12.76% -1.15% 20.00%
  House Units
Previous month sales 9 3
Stock on market previous month 43 21
Stock variance vs. last year -39.44% 16.67%
Average days on market 96 89

Torquay investment property listings

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