Auction Times
Sat 20 Apr | Auction Time | Agency | |
---|---|---|---|
13 Blackwattle Mews 5 3 2 House | 12:30 PM Sat 20th Apr | Gartland Real Estate |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | $1,300,000 | -4.2% | $800,000 | $4,350,000 | 244 |
2024 | $1,200,000 | -8.3% | $730,000 | $4,500,000 | 95 |
Median Sale Price
$1.21M
Based on 262 recorded sales within the last 12 months
Updated on 18 Apr 2024
Suburb Growth
-12.0%
Current Median Price: $1,210,000
Previous Median Price: $1,355,000
Based on 496 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 Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | 78 |
Median Rent Price
$650
per week
Based on 292 recorded rent within the last 12 months
Updated on 18 Apr 2024
Rent Price Growth
+1.5%
Current Median Rent: $650
Previous Median Rent: $640
Based on 607 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.8%
Current Median Price: $1,210,000
Current Median rent: $650
Based on 554 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 13 Apr 2024
$1.33M
Median Sale Price
80%
Clearance Rate
23/29
Sold/Reported
$3.41M
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$3 M and more | 1 | |
$1.6 M - $1.8 M | 2 | |
$1.4 M - $1.6 M | 1 | |
$1.2 M - $1.4 M (Median Price Range) | 9 | |
$1 M - $1.2 M | 5 | |
$800 K - $1 M | 3 | |
Similar Suburbs to Torquay 3228
Based on median house sale price sold in last 12 months
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 |