OFF MARKET

5/20 Spring Street
Torquay VIC 3228

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 1211m2
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Property Details for 5/20 Spring St, Torquay

5/20 Spring St, Torquay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1968. The property has a land size of 1211m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1968
Floor Size
53m2
Land Size
1211m2
Local Government
Surf Coast
Lot/Plan
5/PS322602

Last Listing description (September 2020)

Youll love:
The cracking location of this top floor, 1-bedroom unit: right in the centre of Old Torquay and only a hop, skip & jump to the beach via Taylor Park.
The homes light, bright & airy feel, complemented by a leafy outlook from every window.

Soaking up the morning sun on your own private east-facing balcony, with a glimpse of the ocean past the trees visible too!
The kitchen is well-equipped & has a large island bench, while the adjoining lounge area includes a split system and is generous for the units overall size.

Plus:
The bedroom is well lit & offers extensive built-in robes.
The combined bathroom & laundry is spacious and includes a shower & a bathtub too.
Other features include the original polished timber floors & exposed brick wall, plus a single carport.
1-bedroom opportunities in 3228 are few & far between so dont miss this chance to own a slice of Old Torquay!

Property History for 5/20 Spring St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$415,000
16 Sep 2020
Listed for Rent
$240/w
15 Aug 2017
  • 16 Sep 2020
    Sold for $415,000
  • 07 Sep 2020
    Listed for Sale $395,000 - $415,000
  • 19 Jun 2018
    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 11,031 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.