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Sold on 16 Jul 2024 - Price Unavailable

16 Beales Street
Torquay VIC 3228

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 985m2
Sold By
McCartney Real Estate
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Property Details for 16 Beales St, Torquay

16 Beales St, Torquay is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 985m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 5 bedroom House sold in Torquay in the last 12 months.

Building Type
House
Land Size
985m2
Local Government
Surf Coast
Lot/Plan
1/TP333614

Last Listing description (July 2024)

Perfectly positioned on a north facing allotment of some 985m2 (approx.) with a delightful character feel in “Old Torquay” is this fantastic weekender, summer beach home or investment property. Presenting an opportunity with great development or subdivision possibility (STCA), and with the potential of ocean views from a second storey.

The property is an easy stroll to renowned Torquay front beach, Gilbert Street and Bell Street shopping precincts, cafes, and restaurants, one of the best locations you will find.
Surrounded by beautiful established gardens the home offers a great floor plan which comprises 5 bedrooms, main with a workable fireplace, ceiling fans appointed to all bedrooms, family bathroom, additional shower room and powder room, adjacent to the laundry and mud room. The fabulous open living space inclusive of a large super functional kitchen, dining area and lounge room is bathed in natural light, for all year temperature control a cosy wood fire, ceiling fan and split system heating and cooling are a feature of this space. Entertaining and family gatherings can be enjoyed on either of two decks, or simply take a seat, relax, and take in your private gardens full of fruit bearing trees, lush, grassed area, and birdlife.

Further features of the property include polished hardwood floors throughout, double carport, garden shed, and super long driveway allows for plenty of car parking, caravan, or boat housing.

This unique opportunity is all about position and ideal for those investors, developers and/or families wishing to secure a prime piece of real estate in a remarkable location. The property is set in an enviable and exclusive Torquay location with everything this world-renowned coastal town has to offer at your doorstep, this really is a rare opportunity not to be missed. Call today!!

Property History for 16 Beales St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
16 Jul 2024
Listed for Rent
13 Jan 2023
  • 16 Jul 2024
    Sold
  • 22 Sep 2023
    Listed for Sale Not Disclosed
  • 27 Sep 2022
    Listed for Sale $2,300,000 - $2,500,000
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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.