123 The Esplanade

Torquay VIC 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 11,071 properties. Over the last 5 years, Houses in Torquay have seen a 55.18% increase in median value, while Units have seen a 39.13% increase. As at 31 August 2024:

• The median value for Houses in Torquay is $1,285,361 while the median value for Units is $887,450.
• Houses have a median rent of $650 while Units have a median rent of $575.