OFF MARKET

2/38 Spring Street
Torquay VIC 3228

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 125m2
Land area: 293m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 2/38 Spring St, Torquay

2/38 Spring St, Torquay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2001. The property has a land size of 293m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
2001
Floor Size
125m2
Land Size
293m2
Local Government
Surf Coast
Lot/Plan
2/PS446961

Last Listing description (June 2016)

Situated in one of Torquay's most sort after positions, this solid 3 bedroom unit is ideal for the purchaser looking to downsize, holiday maker looking for an affordable beach retreat or the astute investor who understands the capital growth this area will generate in time.
All on one level, the floor plan offers three accommodating bedrooms, master with ensuite and WIR, open plan Kitchen/lounge/dining with access to an undercover alfresco area and sizeable north facing rear yard, main bathroom, separate toilet, double garage with internal access and Laundry.

The property is within easy walking distance to Taylor's Park, the main shopping centre, beaches, cafes, medical centre and public transport, enabling everyone easy access to everything Torquay has on offer.

So if you're looking for an affordable property in a central location, this delightful property is sure to appeal.

Call now to arrange your inspection.

Property History for 2/38 Spring St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$620,000
05 Apr 2019
Listed for Rent
$370/w
09 Nov 2013
  • 05 Apr 2019
    Sold for $620,000
  • 09 Feb 2016
    Sold for $545,000
  • 22 Jan 2016
    Listed for Sale $559,000
Sign in to see more transactions

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 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

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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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 over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
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.