SOLD
Sold on 11 Jul 2024 for $500,000

15 Cormorant Way
Torquay VIC 3228

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 400m2
Save

Property Details for 15 Cormorant Way, Torquay

Building Type
Land
Land Size
400m2
Local Government
Surf Coast
Lot/Plan
608/PS829221

Last Listing description (November 2023)

Located in the ever-popular Stretton Estate, this titled vacant allotment will inspire you to create your coastal dream home. Perfect for growing families or retirees, with easy access to all Torquay North amenities. Venture into a promising future, build your own vision of the ultimate beach side escape.

Lifestyle
- Peaceful one-way street, perfect for families
- Located opposite a linear park, ideal for a stroll with your pets
- Sporting grounds close by
- Short stroll to 'Childs Play' preschool and Torquay Coast Primary School
- Lisieux Catholic primary school and Surf Coast Secondary College are also close by
- Walk to the Dunes shopping centre for groceries, caf's, restaurants, excellent pizza, a gym, medical centre, bakery and wine bar
- Handy to public transport

Amenities
- Near level allotment is approximately 400sqm
- North facing front yard
- All services supplied to land boundary including recycled water
- Driveway crossover located on north/west corner
- Approximate land dimensions - 12.5m x 32m

Property History for 15 Cormorant Way, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$500,000
11 Jul 2024
  • 11 Jul 2024
    Sold for $500,000
  • 11 Nov 2022
    Listed for Sale $580,000
  • 19 Apr 2021
    Sold for $510,000

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 10,997 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 25 properties listed for sale, and no properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 363 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.