OFF MARKET

9/386 Esplanade
Torquay QLD 4655

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 87m2
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Property Details for 9/386 Esplanade, Torquay

9/386 Esplanade, Torquay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 87m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1994
Floor Size
55m2
Land Size
87m2
Local Government
Fraser Coast Regional
Lot/Plan
9/BUP101206

Last Listing description (January 2022)

Located just metres from the water, and situated on the acclaimed Esplanade, we introduce a fantastic opportunity for investors to enter the holiday rental pool. This tidy 1-bedroom apartment sits in a resort style complex on the shorefront of Torquay. The level 2 property is ideal for holiday makers with cafes, restaurants, shops, parks, and sandy beaches available at your doorstep.

Apartment features:
- Bedroom with built-in wardrobes and air con

- Private balcony coming off the bedroom
- Bathroom with separate bath and shower
- French doors securing the laundry
- Open plan kitchen/living/dining area
- Double doors open to the second balcony overlooking the Esplanade
- Ceiling fans in bedroom and living area
- All furniture and appliances included

Complex features:
- A fantastic team behind the ever-helpful on-site managers
- Temperature controlled pool
- Spa and sauna facilities
- Full sized tennis court
- Basketball court
- Three outdoor barbeque areas
- Playground for children
- Central elevator access

To get it wrapped up before Christmas, call me today to secure an investment opportunity for the new year!

Property History for 9/386 Esplanade, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$243,000
22 Dec 2021
Listed for Rent
$280/w
23 Jan 2018
  • 22 Dec 2021
    Sold for $243,000
  • 17 Dec 2021
    Listed for Sale Offers Over $240,000
  • 14 Nov 2017
    Listed for Rent $280 / week
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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, 213 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.