OFF MARKET

386 Torquay Terrace
Torquay QLD 4655

Bedrooms: 8
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 1562m2
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Property Details for 386 Torquay Tce, Torquay

386 Torquay Tce, Torquay is a 8 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 1562m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in January 2014.

Building Type
Unit
Year Built
1980
Floor Size
130m2
Land Size
1562m2
Local Government
Fraser Coast Regional
Lot/Plan
3/RP164991

Last Listing description (February 2014)

Real Dual Living... Real Value
Agents always rattle on about dual living and value - and very often neither is strictly true. Here we have two recognised separate dwellings on one huge block of 1562m AND a very motivated seller who wants this sold on or before auction day.The 'front' house has 3 bedrooms and the rear house has 5 bedrooms - both are very basic and need attention. This opportunity is approx 1km to the beach and faces NORTH to the rear overlooking a lake, offering lovely views and a peaceful and serene aspect for you to enjoy.The question is what do you do with this property?- Do you modernise it and have a separate house for extended family, guests or maybe a tenant for some added income?- Do you modernise it and join them together to make a huge family home overlooking the lake?- Do you rent them both out and get some substantial income?Whatever you do, this opportunity offers TRUE dual occupancy and TRUE value.Do not hesitate as property like this is extremely rare.

Property History for 386 Torquay Tce, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$345,000
22 Jan 2014
  • 22 Jan 2014
    Sold for $345,000
  • 02 Dec 2013
    Listed for Sale AUCTION 11 JAN 2014
  • 18 Feb 1989
    Sold for $81,000
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About Torquay 4655

The size of Torquay is approximately 4.3 square kilometres. It has 15 parks covering nearly 13% of total area. The population of Torquay in 2011 was 6,025 people. By 2016 the population was 6,331 showing a population growth of 5.1% in the area during that time. The predominant age group in Torquay is 60-69 years. Households in Torquay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Torquay work in a professional occupation. In 2011, 51.2% of the homes in Torquay were owner-occupied compared with 53.2% in 2016.

Torquay has 3,596 properties. Over the last 5 years, Houses in Torquay have seen a 86.46% increase in median value, while Units have seen a 102.27% increase. As at 31 October 2024:

  • The median value for Houses in Torquay is $646,130 while the median value for Units is $503,178.
  • Houses have a median rent of $500 while Units have a median rent of $465.
There are currently 49 properties listed for sale, and 21 properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Torquay.

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