SOLD
Sold on 20 Feb 2024 for $930,000

3/40 Geelong Road
Torquay VIC 3228

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 143m2
Land area: 248m2
Sold By
Torquay Links Property
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Property Details for 3/40 Geelong Rd, Torquay

3/40 Geelong Rd, Torquay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 248m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Torquay in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
143m2
Land Size
248m2
Local Government
Surf Coast
Lot/Plan
3/PS709260

Last Listing description (February 2024)

Located in the heart of 'Old Torquay' you will be able to lock up and leave this secure property set at the rear of the block which offers privacy and serenity. Located a short stroll to Bell Street cafe and shopping precinct and across the road from Spring Creek Reserve.

What you'll love:
- The open plan design of the kitchen, lounge, and dining area is great for creating a spacious and interconnected living space.

- An updated kitchen with a sun-drenched atmosphere is a major plus. The inclusion of modern appliances, such as an updated oven and stove, enhances functionality. The sleek tiled splashback adds a contemporary touch to the overall design.
- Freshly painted throughout
- Private, established gardens that face north is a significant advantage. Receiving ample sunlight, providing a pleasant environment for outdoor activities and gardening.
- A single lock-up garage adds a practical and secure element to the property. Ideal for parking a vehicle, storing belongings, or even converting into a workspace/Studio.
- Two Separate Living Areas allows for versatility in how you use the spaces. It could accommodate both formal and casual living, providing lots of options.
- A dedicated laundry area offering convenience and organisation for household chores.
- Three Bedrooms with Built-In Robes (BIR's) maximising space and storage.
- Spacious Master complete with WIR and private ensuite
- Separate Bathroom Upstairs with large tub
- Ocean Views from the upstairs area adds a desirable element to the property with the added bonus of spectacular sunset views.

The combination of these features creates a comfortable and well-designed property, appealing to individuals or families seeking a functional and practical home.

Property History for 3/40 Geelong Rd, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$930,000
20 Feb 2024
Listed for Rent
$500/w
29 Mar 2023
  • 20 Feb 2024
    Sold for $930,000
  • 03 Mar 2023
    Listed for Rent $500 / week
  • 14 Nov 2019
    Sold for $665,000
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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 11,071 properties. Over the last 5 years, Houses in Torquay have seen a 55.18% increase in median value, while Units have seen a 39.13% increase. As at 31 August 2024:

  • The median value for Houses in Torquay is $1,285,361 while the median value for Units is $887,450.
  • Houses have a median rent of $650 while Units have a median rent of $575.
There are currently 25 properties listed for sale, and 2 properties 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.