Torquay, VIC 3228

Torquay, VIC 3228

Compare Part of Surf Coast

80.39 km
Distance from CBD
11 k
Population

Auction Times

Sat 30 Mar
Auction Time Agency
10 Loch Ard Drive
3 2 1 House
11:00 AM
Sat 30th Mar
Ray White
Sat 6 Apr
Auction Time Agency
10 Anderson Street
0 0 0 Residential land
11:00 AM
Sat 6th Apr
G.R. McCartney & Son
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
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
$830,000
-0.7% $501,333 $3,850,000 242
2020
$882,000
+5.9% $415,000 $2,975,000 297
2021
$1,202,222
+26.6% $715,000 $4,140,000 318
2022
$1,355,000
+11.3% $810,000 $5,800,000 261
2023
$1,290,000
-5.0% $800,000 $4,350,000 244
2024
$1,210,000
-6.6% $730,000 $4,500,000 74
Median Sale Price
$1.23M
Based on 254 recorded sales within the last 12 months
Updated on 30 Mar 2024
Suburb Growth
-9.8%
Current Median Price: $1,230,000
Previous Median Price: $1,350,000
Based on 501 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 2024
1 BR
-
2 BR
-
3 BR
-
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
$460
+3.3% $220 $950 338
2016
$480
+4.2% $230 $850 263
2017
$500
+4.0% $250 $900 300
2018
$520
+3.8% $250 $800 239
2019
$530
+1.9% $290 $900 379
2020
$530
0.0% $290 $1,050 361
2021
$600
+11.7% $280 $1,100 258
2022
$640
+6.3% $390 $1,500 285
2023
$650
+1.5% $240 $1,590 337
2024
$650
0.0% $350 $1,500 63
Median Rent Price
$650
per week
Based on 287 recorded rent within the last 12 months
Updated on 30 Mar 2024
Rent Price Growth
0.0%
Current Median Rent: $650
Previous Median Rent: $650
Based on 605 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,230,000
Current Median rent: $650
Based on 541 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)

Auction Results For Torquay

Houses sold in Last 12 months ends 23 Mar 2024

$1.34M

Median Sale Price

88%

Clearance Rate

34/39

Sold/Reported

$3.41M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 1
$2 M - $3 M 1
$1.8 M - $2 M 1
$1.6 M - $1.8 M 3
$1.4 M - $1.6 M 4
$1.2 M - $1.4 M
(Median Price Range)
12
$1 M - $1.2 M 6
$800 K - $1 M 4

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