OFF MARKET

206/3 Payne Street
Torquay VIC 3228

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
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Property Details for 206/3 Payne St, Torquay

206/3 Payne St, Torquay is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in January 2019.

Building Type
Unit
Year Built
2008
Floor Size
79m2
Local Government
Surf Coast
Lot/Plan
206/PS608373

Last Listing description (April 2019)

This contemporary apartment showcases stunning coastal views and is positioned right in the heart of Torquay. Security enabled entry and no maintenance living equals unrivalled opportunities to enjoy a freedom filled lifestyle.
The open plan living area adjoins a large balcony where you will love entertaining and relaxing while taking in the incredible vista. The kitchen is generous and well appointed with Ceasarstone bench tops and stainless steel appliances.

The apartment also features one large bedroom with a semi en-suite; an additional powder room; a European laundry; and extensive storage. Another great feature of this apartment is the ability to convert it into two bedrooms, perfect for visiting friends and family. The property includes a single secure car park and additional external storage cage.
The convenience of Torquay Central shopping precinct is unbeatable. With a supermarket and cafes at your door, life doesn t get much easier than this. Nearby parks and beaches are a short stroll away too. This property will appeal to permanent or part time residents or as an ideal investment opportunity. It is a slice of city style living within minutes of the coast and everything that makes this location so desirable.

Property History for 206/3 Payne St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$572,000
25 Jan 2019
Listed for Rent
$360/w
08 May 2015
  • 25 Jan 2019
    Sold for $572,000
  • 29 Nov 2018
    Listed for Sale $579,000
  • 08 May 2015
    Listed for Rent $360 / 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.