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Sold on 17 Oct 2024 for $950,000

3/38 Spring Street
Torquay VIC 3228

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 136m2
Land area: 308m2
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Property Details for 3/38 Spring St, Torquay

3/38 Spring St, Torquay is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2001. The property has a land size of 308m2 and floor size of 136m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Townhouse sold in Torquay in the last 12 months.

Building Type
Townhouse
Year Built
2001
Floor Size
136m2
Land Size
308m2
Local Government
Surf Coast
Lot/Plan
3/PS446961

Last Listing description (October 2024)

Nestled along Torquay's stunning coastline, this contemporary beachside home offers the ultimate place for relaxation, with the convenience of shops, cafes, and bars just 550m away.
Features:
? Prime Old Torquay Address

? 308m? Allotment
? Rear Townhouse: 1 of 3 in the development
? Single Storey Design: Superb north aspect
? Interior Design: Crisp, clean interiors with ocean-inspired hues and soothing coastal vibes
? Layout: Fluid, free-flowing layout crowned by leafy courtyard gardens
? Living Area: Open plan living
? Kitchen: Fully equipped with breakfast bar and electric cooking
? Bedrooms: Three well-scaled bedrooms, 2 with built-in robes, master with ensuite
? Bathrooms: Central bathroom and separate toilet
? Garage: Double garage with internal access
? Climate Control: Split system heating and cooling
? Flooring: Timber laminate in living areas and bedrooms with cork wet areas

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Property History for 3/38 Spring St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$950,000
17 Oct 2024
  • 17 Oct 2024
    Sold for $950,000
  • 18 Jul 2024
    Listed for Sale $960,000
  • 18 Jan 2020
    Transferred
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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 11,033 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 24 properties listed for sale, and no properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 368 properties were sold in the past 12 months in Torquay.

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