OFF MARKET

1/2 Park Lane
Torquay VIC 3228

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 150m2
Land area: 109m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 1/2 Park Lane, Torquay

1/2 Park Lane, Torquay is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1985. The property has a land size of 109m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in January 2009.

Building Type
Townhouse
Year Built
1985
Floor Size
150m2
Land Size
109m2
Local Government
Surf Coast
Lot/Plan
1/RP17978

Last Listing description (January 2009)

''OPPORTUNITY KNOCKS'' AND SOMETIMES ONLY ONCE.
DRESS CIRCLE LOCATION.
SPACIOUS TOWNHOUSE WITH PROVISION FOR THREE ROOMY BEDROOMS, SUPERBLY RENOVATED WITH AN OCEAN OUTLOOK EQUAL TO THE BEST IN TORQUAY.

STREET FRONTAGE IN A QUIET CUL-DE-SAC, THIS ICONIC LOCATION IS OFTEN DESCRIBED AS BETTER THAN THE ESPLANADE.
CURRENTLY WITH WELL APPOINTED KITCHEN, ROOMY MEALS AND LIVING AREA'S TAKING FULL ADVANTAGE OF THE OCEAN OUTLOOK, EXTENSIVELY APPOINTED STUDY WITH NORTHERLY ASPECT. LARGE SECOND LIVING AREA, MASTER BEDROOM, TASTEFULLY REFURBISHED BATHROOM, STORE AND LAUNDRY BELOW.
G.R.MCCARTNEY & SON ARE EXTREMELY HAPPY TO BE ABLE TO OFFER THIS QUALITY PROPERTY TO THE MARKET.
ADDITIONAL FEATURE - ''ABSOLUTE BEACH RESERVE FRONTAGE''.

Property History for 1/2 Park Lane, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$725,000
10 Jan 2009
  • 10 Jan 2009
    Sold for $725,000
  • 31 Oct 2008
    Listed for Sale 765000
  • 05 Oct 1998
    Sold for $180,000
Sign in to see more transactions

Commute Calculator

About Torquay 3228

The size of Torquay is approximately 34.5 square kilometres. It has 24 parks covering nearly 13.6% of total area. The population of Torquay in 2011 was 10,141 people. By 2016 the population was 13,268 showing a population growth of 30.8% in the area during that time. The predominant age group in Torquay is 0-9 years. Households in Torquay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torquay work in a professional occupation. In 2011, 72% of the homes in Torquay were owner-occupied compared with 73.4% in 2016.

Torquay has 11,031 properties. Over the last 5 years, Houses in Torquay have seen a 45.39% increase in median value, while Units have seen a 22.73% increase. As at 31 October 2024:

  • The median value for Houses in Torquay is $1,238,249 while the median value for Units is $867,993.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 23 properties listed for sale, and no properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 371 properties were sold in the past 12 months in Torquay.

Suburb Insights for Torquay 3228

Market Insights
Torquay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Torquay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.