Auction Times
Sat 16 Dec | Auction Time | Agency | |
|---|---|---|---|
 | 75 Glaneuse Avenue 0 0 0 Residential land | 12:00 PM Sat 16th Dec | Fruit Property |
Median Sale Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
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 | $1,285,000 | -5.4% | $800,000 | $4,350,000 | 227 |
Median Sale Price
$1.27M
Based on 242 recorded sales within the last 12 months
Updated on 4 Dec 2023
Suburb Growth
-7.9%
Current Median Price: $1,270,000
Previous Median Price: $1,370,000
Based on 509 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2023)
Price Range Segments (12 months ending Nov 2023)
Median Weekly Rent Price
House
-
Updated on Oct 2023
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2023
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 | $640 | 0.0% | $240 | $1,590 | 295 |
Median Rent Price
$650
per week
Based on 315 recorded rent within the last 12 months
Updated on 4 Dec 2023
Rent Price Growth
+1.5%
Current Median Rent: $650
Previous Median Rent: $640
Based on 605 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,270,000
Current Median rent: $650
Based on 557 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2023)
Auction Results For Torquay
Houses sold in Last 12 months ends 2 Dec 2023
$1.33M
Median Sale Price
95%
Clearance Rate
70/74
Sold/Reported
$3.65M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 2 | |
| $2 M - $3 M | 6 | |
| $1.8 M - $2 M | 3 | |
| $1.6 M - $1.8 M | 7 | |
| $1.4 M - $1.6 M | 7 | |
| $1.2 M - $1.4 M (Median Price Range) | 25 | |
| $1 M - $1.2 M | 12 | |
| $800 K - $1 M | 8 | |
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 |