OFF MARKET

2/16 Spring Street
Torquay VIC 3228

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 98m2
Land area: 167m2
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Property Details for 2/16 Spring St, Torquay

2/16 Spring St, Torquay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 167m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Unit
Year Built
2011
Floor Size
98m2
Land Size
167m2
Local Government
Surf Coast
Lot/Plan
2/PS631019

Last Listing description (April 2021)

This brilliantly maintained and spacious unit is the perfect first home, final home, or investment. With only 4 on the block, and ample space around them, this one is set off the street providing privacy and security.

As you step inside this humble abode you are greeted with 2 spacious bedrooms (both with BIRS) that are serviced by the fully equipped bathroom which includes vanity, shower, and bathtub. The open plan living, dining and kitchen is full of natural light which also provides direct access to the private outdoor courtyard.


*Two spacious bedrooms with robes
*Sunlit kitchen/meals area
*Split System
*Ducted heating
*Solar Panels (premium feed in tariff - 60 cents a kw)
*Single garage
*Stroll to shops, park and beach
*Currently tenanted $450 per week May 2021

With access to the beach and bowls club via Taylor Park, medical facilities, and Torquay's main shopping precinct which includes cafes, restaurants and schools allowing the owner the luxury of parking the car and hanging up the keys. Considered by many as the best location in town, the property will attract the most discerning buyer who realises opportunities like these a few and far between. contact Peter Norman 0424 167 567 or Miranda Williams 0402 938 655.

*All information about the property has been provided to Hayeswinckle by third parties. Hayeswinckle has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to this property.

Property History for 2/16 Spring St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$851,000
25 Mar 2021
Listed for Rent
$450/w
20 May 2019
  • 25 Mar 2021
    Sold for $851,000
  • 12 Mar 2021
    Listed for Sale $730,000 - $770,000
  • 17 Aug 2018
    Listed for Rent $575 / week
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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 11,031 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:

  • The median value for Houses in Torquay is $1,238,249 while the median value for Units is $867,993.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 23 properties listed for sale, and no properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 366 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.