Torrens is centrally located in the Woden Valley and is an established suburb surrounded by neighboring Farrer, Mawson, Pearce and Chifley. The shopping Centre is positioned close to local schools, public transport and a short distance to the Southlands Shopping Centre and approximately 3.5km to the Woden Town Centre. Unit 2 - For Lease
Offers a small 36m2 sized unit inclusive of a toilet, kitchenette, storage and has rear lane access. The fit-out is predominantly open plan leaving the opportunity for a new business.
There are a number of mixed use tenants including professional offices, retail, food and personal services.
The size of Torrens is approximately 1.3 square kilometres. It has 5 parks covering nearly 6.5% of total area. The population of Torrens in 2011 was 2,282 people. By 2016 the population was 2,201 showing a population decline of 3.5% in the area during that time. The predominant age group in Torrens is 40-49 years. Households in Torrens are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torrens work in a professional occupation. In 2011, 71.4% of the homes in Torrens were owner-occupied compared with 72% in 2016.
Torrens has 987 properties. Over the last 5 years, Houses in Torrens have seen a 47.38% increase in median value, while Units have seen a 59.99% increase. As at 31 October 2024:
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