SOLD
Sold on 16 Jul 2024 for $532,000

5/489 Esplanade
Torquay QLD 4655

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 105m2
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Property Details for 5/489 Esplanade, Torquay

5/489 Esplanade, Torquay is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1991. The property has a land size of 105m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Townhouse sold in Torquay in the last 12 months.

Building Type
Townhouse
Year Built
1991
Floor Size
99m2
Land Size
105m2
Local Government
Fraser Coast Regional
Lot/Plan
5/GTP2712

Last Listing description (December 2012)

Esplanade Living At An Affordable Price!!!
This fully renovated home unit is simply one of the best locations in Hervey Bay, right opposite the fantastic swimming beach in Torquay!!! A small block of 5 units in a private setting with a low body corporate.
* Immaculate presentation

* 2 built in bedrooms, both with air conditioning & ensuites
* Spacious new two pack kitchen with dishwasher & some Miele appliances
* Air conditioned living areas
* Private balcony with sea views & rear pergola
* Solar hot water installed 2011
* Security screens fitted throughout
* Rental potential of $245.00 per week
* Attached 1 car lock up garage and room for 1 car space
A bright and airy home where all the hard work has been completed & is ready to move into immediately!!!
*Sustainability declaration available upon request

Property History for 5/489 Esplanade, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$532,000
16 Jul 2024
Listed for Rent
$260/w
31 Jan 2013
  • 16 Jul 2024
    Sold for $532,000
  • 10 Jan 2013
    Listed for Rent - Price not available
  • 19 Nov 2012
    Sold for $255,000
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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 3,595 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 48 properties listed for sale, and 21 properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 214 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.