OFF MARKET

435 Esplanade
Torquay QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1012m2
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Property Details for 435 Esplanade, Torquay

435 Esplanade, Torquay is a 0 bedroom, 0 bathroom Unit and was built in 1970. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
1970
Land Size
1012m2
Local Government
Fraser Coast Regional
Lot/Plan
2/RP35350

Last Listing description (January 2019)

Absolute prime position directly opposite beachfront reserve
Potential high rise mixed commercial residential development to 6 storeys (STCA)
Uninterrupted ocean views from upper levels

4 Fraser Street- site area: 343 sqm
435 Esplanade - site area: 1,012 sqm
Both properties fall within the High Density Residential Zone
Fully leased complex of 4 apartments and car sales yard
Hervey Bay is located a comfortable three and a half hours drive or 45 minute flight north of Brisbane.
Hervey Bay/Fraser Coast Region: whale watching capital of the world and one of Queenslands fastest growing areas with forecast population growth of 38% to 144,835 by 2036
Combined Net Income: $56,059 pa + GST

Property History for 435 Esplanade, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$650,000
12 Apr 2018
Listed for Rent
$180/w
19 Jan 2012
  • 22 Sep 2018
    Listed for Sale Price on Request
  • 12 Apr 2018
    Sold for $650,000
  • 27 Feb 2018
    Listed for Sale Not Disclosed
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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 3,594 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 47 properties listed for sale, and 15 properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Torquay.

Suburb Insights for Torquay 4655

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.