OFF MARKET

1/29 Spring Street
Torquay VIC 3228

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 333m2
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Property Details for 1/29 Spring St, Torquay

1/29 Spring St, Torquay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 333m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in December 2015.

Building Type
Unit
Year Built
2000
Floor Size
87m2
Land Size
333m2
Local Government
Surf Coast
Lot/Plan
1/PS546291

Last Listing description (March 2016)

Nestled in one of Old Torquay's most popular streets, you will love this unit to live in or as an investment property. Close to medical clinics, shops and of course beaches, this unit is well set out, private and functional and boasts an impressive 330sqm lot.
Low maintenance and ideally located, this property will prove very popular with downsizers and investors alike.

AUCTION TERMS: 30/60 Days 10% Deposit

Property History for 1/29 Spring St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$525,100
15 Dec 2015
  • 15 Dec 2015
    Sold for $525,100
  • 07 Dec 2015
    Listed for Sale Not Disclosed
  • 30 Oct 2009
    Transferred
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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 10,985 properties. Over the last 5 years, Houses in Torquay have seen a 51.97% increase in median value, while Units have seen a 34.98% increase. As at 30 September 2024:

  • The median value for Houses in Torquay is $1,274,280 while the median value for Units is $882,722.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 22 properties listed for sale, and 1 property listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 369 properties were sold in the past 12 months in Torquay.

Suburb Insights for Torquay 3228

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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.