SOLD
Sold on 09 Jan 2024 for $675,000

104/3 Payne Street
Torquay VIC 3228

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 14036m2
Sold By
Kellie Papworth
ONE AGENCY SURF COAST
Steve Menegazzo
ONE AGENCY SURF COAST
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Property Details for 104/3 Payne St, Torquay

104/3 Payne St, Torquay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 14036m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Torquay in the last 12 months.

Building Type
Unit
Year Built
2008
Floor Size
71m2
Land Size
14036m2
Local Government
Surf Coast
Lot/Plan
104/PS608373

Last Listing description (January 2024)

You’ll love:
• Living in the heart of Torquay in this modern, low-maintenance home boasting panoramic ocean views from its elevated second floor position.
• The light-filled open plan living/dining/kitchen featuring full-height windows & glass sliding doors to the balcony – ideal for entertaining whilst enjoying the breathtaking outlook.

• Leaving your car at home & walking everywhere: from beautiful beaches, Taylor Park & the Esplanade to the array of world-class dining venues, shops, supermarkets & more.
• Other highlights include quality Blanco kitchen appliances & stone benchtops, split system heating & cooling, double-glazed windows & a main bedroom with WIRs & bathroom access.
Plus:
• There is a single undercover car park & a handy storage cage, along with lift access, an intercom system, a ceiling fan in the bedroom, 2 separate toilets & a European laundry.
• Enjoy morning sunshine through the front of the apartment, including the main living areas, & afternoon sun that bathes the bedroom.
• The benefits of easy apartment living include no lawns to mow, minimal maintenance & having a secure & safe building that you can simply lock & leave when required.
• This is ONE perfect pad for holidaymakers, empty nesters, investors, professionals & couples alike…it’s dream coastal living with the best of Torquay on your doorstep!

Property History for 104/3 Payne St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$675,000
09 Jan 2024
  • 09 Jan 2024
    Sold for $675,000
  • 13 Sep 2023
    Listed for Sale Not Disclosed
  • 26 Jul 2017
    Sold for $485,000
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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 11,070 properties. Over the last 5 years, Houses in Torquay have seen a 53.62% increase in median value, while Units have seen a 41.72% increase. As at 31 July 2024:

  • The median value for Houses in Torquay is $1,299,357 while the median value for Units is $884,234.
  • Houses have a median rent of $650 while Units have a median rent of $565.
There are currently 21 properties listed for sale, and 1 property listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 380 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.