Torquay, VIC 3228

Torquay, VIC 3228

Compare Part of Surf Coast

80.39 km
Distance from CBD
11 k
Population

Auction Times

Sat 24 Apr
 Auction Time Agency
63 Zeally Bay Road
3 2 1 House
11:00 AM
Sat 24th Apr		 G.R. McCartney & Son
48 Riverside Drive
4 1 0 House
1:00 PM
Sat 24th Apr		 G.R. McCartney & Son
Sat 1 May
 Auction Time Agency
2/10-12 Geelong Road
2 1 1 Unit
11:00 AM
Sat 1st May		 Professionals Barnett Real Estate
48 Sands Boulevard
4 3 2 House
12:00 PM
Sat 1st May		 Hayden Real Estate
25 Hillside Parade
4 2 2 House
1:00 PM
Sat 1st May		 Hayden Real Estate
13 Seabird Court
3 1 1 House
1:00 PM
Sat 1st May		 G.R. McCartney & Son
1/17 Colina Court
2 1 2 Unit
1:00 PM
Sat 1st May		 Fruit Property
3 Glengarry Drive
5 4 2 House
1:30 PM
Sat 1st May		 Barry Plant
Median Sale Price
House
$878K
Updated on Feb 2021
2 BR
$765K
3 BR
$825K
4 BR
$928K
Unit
$685K
Updated on Feb 2021
1 BR
$390K
2 BR
$617K
3 BR
$795K
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$500,000
 0.0% $252,000 $6,350,000 136
2010
$550,000
 +9.1% $176,000 $1,775,000 248
2011
$607,000
 +9.4% $318,000 $3,575,000 179
2012
$575,000
 -5.6% $310,000 $2,300,000 217
2013
$595,000
 +3.4% $220,000 $1,650,000 285
2014
$605,000
 +1.7% $229,000 $2,000,000 251
2015
$625,000
 +3.2% $205,000 $2,000,000 280
2016
$700,000
 +10.7% $374,000 $2,200,000 298
2017
$745,000
 +6.0% $429,283 $2,250,000 280
2018
$836,100
 +10.9% $585,000 $3,006,000 219
2019
$825,000
 -1.3% $501,333 $2,868,000 239
2020
$865,000
 +4.6% $415,000 $2,975,000 290
2021
$990,000
 +12.6% $715,000 $4,140,000 104
Median Sale Price
$897K
Based on 322 recorded sales within the last 12 months
Updated on 23 Apr 2021
Suburb Growth
+6.5%
Current Median Price: $897,000
Previous Median Price: $839,000
Based on 583 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2021)
Price Range Segments (12 months ending Mar 2021)
Median Weekly Rent Price
House
$540
Updated on Mar 2021
2 BR
$400
3 BR
$500
4 BR
$560
Unit
$460
Updated on Mar 2021
1 BR
$300
2 BR
$400
3 BR
$510
4 BR
$630
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$450
 0.0% $250 $800 157
2012
$420
 -7.1% $195 $800 238
2013
$430
 +2.3% $200 $800 296
2014
$445
 +3.4% $220 $800 186
2015
$450
 +1.1% $220 $950 337
2016
$480
 +6.3% $230 $850 263
2017
$500
 +4.0% $250 $900 300
2018
$520
 +3.8% $250 $800 239
2019
$530
 +1.9% $290 $860 378
2020
$530
 0.0% $290 $900 359
2021
$600
 +11.7% $440 $990 58
Median Rent Price
$550
per week
Based on 272 recorded rent within the last 12 months
Updated on 23 Apr 2021
Rent Price Growth
+3.6%
Current Median Rent: $550
Previous Median Rent: $530
Based on 664 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.2%
Current Median Price: $897,000
Current Median rent: $550
Based on 594 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2021)

Auction Results For Torquay

Houses sold in Last 12 months ends 17 Apr 2021

$915K

Median Sale Price

100%

Clearance Rate

208/208

Sold/Reported

$4.14M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 4
$1.8 M - $2 M 1
$1.6 M - $1.8 M 5
$1.4 M - $1.6 M 7
$1.2 M - $1.4 M 27
$1 M - $1.2 M 27
$800 K - $1 M
(Median Price Range)		 86
$600 K - $800 K 47

Schools closest to Torquay, VIC 3228

School name Address Type Sector Distance
Torquay P-6 College 45-55 GROSSMANS ROADTorquay 3228 Primary Government 1.51 km
Surf Coast Secondary College 35 GROSSMANS ROADTorquay 3228 Secondary Government 1.55 km
St Therese School GROSSMANS RDTorquay 3228 Primary Catholic 1.67 km