Torquay, VIC 3228

Torquay, VIC 3228

Compare Part of Surf Coast

80.39 km
Distance from CBD
11 k
Population

Auction Times

Sat 3 Dec
Auction Time Agency
1/24 Grange Crescent
2 1 1 House
11:00 AM
Sat 3rd Dec
Belle Property
Sat 10 Dec
Auction Time Agency
8 Karkalla Street
0 0 0 Residential land
11:00 AM
Sat 10th Dec
Belle Property
Median Sale Price
House
-
Updated on Sep 2022
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Sep 2022
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
$1,375,000
+12.6% $810,000 $5,800,000 238
Median Sale Price
$1.38M
Based on 270 recorded sales within the last 12 months
Updated on 27 Nov 2022
Suburb Growth
+15.3%
Current Median Price: $1,375,000
Previous Median Price: $1,165,000
Based on 604 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2022)
Price Range Segments (12 months ending Oct 2022)
Median Weekly Rent Price
House
$640
Updated on Sep 2022
2 BR
$490
3 BR
$595
4 BR
$650
Unit
$535
Updated on Sep 2022
1 BR
$340
2 BR
$480
3 BR
$583
4 BR
$720
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 $900 379
2020
$530
0.0% $290 $1,050 361
2021
$600
+11.7% $300 $1,100 258
2022
$630
+4.8% $390 $1,400 240
Median Rent Price
$630
per week
Based on 268 recorded rent within the last 12 months
Updated on 27 Nov 2022
Rent Price Growth
+6.3%
Current Median Rent: $630
Previous Median Rent: $590
Based on 512 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.4%
Current Median Price: $1,375,000
Current Median rent: $630
Based on 538 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2022)

Auction Results For Torquay

Houses sold in Last 12 months ends 26 Nov 2022

$1.35M

Median Sale Price

95%

Clearance Rate

214/226

Sold/Reported

$3.85M

Highest Sale Price

Sold Price Range No. of Sold Properties
$3 M and more 3
$2 M - $3 M 22
$1.8 M - $2 M 9
$1.6 M - $1.8 M 22
$1.4 M - $1.6 M 34
$1.2 M - $1.4 M
(Median Price Range)
55
$1 M - $1.2 M 49
$800 K - $1 M 19

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