OFF MARKET

4 Tea Tree Rise
Torquay VIC 3228

Bedrooms: -
Bathrooms: 3
Car spaces: 2
Floor area: 211m2
Land area: 516m2
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Last updated 29 Jan 2024
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Property Details for 4 Tea Tree Rise, Torquay

4 Tea Tree Rise, Torquay is a bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 516m2 and floor size of 211m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Floor Size
211m2
Land Size
516m2
Local Government
Surf Coast
Lot/Plan
37/PS613384

Last Listing description (June 2016)

Located in a quiet court location, fronting Deep creek Reserve is this 515 m2 sloping allotment which allows for a two storey or split level home with one of the best northerly aspects on offer, never to be built out. This superb home site has all services available, and is surrounded by native greenery along the creek and established homes and gardens.
The purchaser will build their dream home with a beautiful outlook and have plenty of space for entertainment and activities on and around the allotment.
A bike and walking path almost on the doorstep connects to both beaches, and local schools, shops and cafes are close by. Deep Creek is also only 15 minutes' drive from Geelong and Deakin University.

This truly is a rarely found opportunity to purchase one of the best vacant allotments on the market today!!

Property History for 4 Tea Tree Rise, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$325,000
26 Nov 2015
  • 26 Nov 2015
    Sold for $325,000
  • 15 Oct 2015
    Listed for Sale $330,000
  • 24 Mar 2008
    Sold for $230,000

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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 11,070 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

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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.