1/61 Beach Rd, Torquay is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 628m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
If you are looking to secure property in the blue chip area of Old Torquay your search may be at an end. This property offers location and opportunity for the discerning buyer along with a generous allotment size of 628m2 (approx.).
The location is only 700 metres to the beach and just a short stroll to cafes, restaurants, shops, schools and reserves. This rare opportunity provides a well maintained solid three bedroom home with very spacious combined kitchen/meals/lounge area, master bedroom with ensuite, main bathroom, large laundry, double lock up garage with extra storage and outside shower/toilet facilities ideal when coming back from the beach.
This premium site could be expanded or developed to suit the new owners needs or just held to generate the incredible capital growth this area generates over short periods of time.
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:
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