Torquay VIC 3228

Here you can find what you need to know about Torquay, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$776k Median Sale Price (National Average $485k) 236th In VIC
9.68% Median Price Change (1 yr) (National Average 4.30%) 311th In VIC
$495pw Median Rent (National Average $395) 131st In VIC
3.3% Median Gross Yield (National Average 4.24%) 281st In VIC
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Properties sold 256
Average discounting -3.38%
Average Days on Market 45
Stock on Market 66 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Torquay, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Torquay, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Torquay, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Torquay


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State Auction Clearance Rates - September 2018

Auctions Clearance rate
VIC 1,129 54%
ACT 115 59%
NSW 821 59%
NT 9 40%
QLD 124 47%
SA 120 60%
TAS 3 0%
WA 30 31%

Local Schools


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Suburb Information

Torquay, VIC 3228

Part of: Surf Coast Council No data available

The size of Torquay is approximately 34.5 square kilometres. It has 3 parks covering nearly 1% of total area. The population of Torquay in 2011 was 10,141 people. By 2016 the population was 13,268 showing a population growth of 30.8% in the area during that time. The predominant age group in Torquay is 0-9 years. Households in Torquay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torquay work in a professional occupation. In 2011, 72% of the homes in Torquay were owner-occupied compared with 73.4% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Torquay

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Torquay   for Houses in last 12 months


There have been 256 Houses sold in Torquay in the past 12 months with a median sale price of $776K, up 9.68% annually. It takes on average 45 days to sell with vendor discounting of -3.38%.

Streets in Torquay


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Highton VIC, 3216 8.96% $653,750 $420pw 3.3% View Suburb Profile
Torquay QLD, 4655 -0.69% $325,000 $330pw 5.3% View Suburb Profile