OFF MARKET

3/40 Surf Coast Highway
Torquay VIC 3228

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 145m2
Land area: 350m2
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Last updated 14 Oct 2024
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Property Details for 3/40 Surf Coast Hwy, Torquay

3/40 Surf Coast Hwy, Torquay is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 350m2 and floor size of 145m2.

Building Type
House
Floor Size
145m2
Land Size
350m2
Local Government
Surf Coast

Last Listing description (March 2016)

Privately set in a fantastic location this modern three bedroom residence offers a welcoming, family friendly floor plan including two spacious and separate living areas, two bathrooms and a well appointed central kitchen looking out over the substantial and private north facing rear yard. Reverse cycle airconditioning, gas appliances, attractive decor and in good condition throughout. Lock up garage, side deck and storage area and a sensational front deck with ocean views and rural outlooks. Currently leased to excellent tenants until Sep 2015 at $ 400.00 per week. A great home in a fantastic Old Torquay location within a short stroll to the beach and town services and facilities.

Property History for 3/40 Surf Coast Hwy, Torquay, VIC 3228

A timeline of how this property has performed in the market
  • 25 Nov 2014
    Listed for Sale $ 515 - 525,000

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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 10,985 properties. Over the last 5 years, Houses in Torquay have seen a 51.97% increase in median value, while Units have seen a 34.98% increase. As at 30 September 2024:

  • The median value for Houses in Torquay is $1,274,280 while the median value for Units is $882,722.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 22 properties listed for sale, and 1 property listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 369 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.