OFF MARKET

5 Lorama Street
Torquay VIC 3228

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 195m2
Land area: 630m2
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Property Details for 5 Lorama St, Torquay

5 Lorama St, Torquay is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 2011. The property has a land size of 630m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last transferred in December 2016.

Building Type
House
Year Built
2011
Floor Size
195m2
Land Size
630m2
Local Government
Surf Coast
Lot/Plan
28/PS503163

Last Listing description (June 2017)

***APPLICATIONS UNDER REVIEW*** Comprising three large bedrooms and a further room you can use for a small bedroom or a study. Ensuite and double WIR to the master and BIRs to the other bedrooms, central bathroom, two large living zones, kitchen with gas cooktop and dishwasher, ducted heating, split system aircon, garden shed, double garage and side access for storage of boat, caravan, work ute etc. Two parking spaces. This lovely home is situated in a quiet, family friendly street, similar to a court location. Approx. 7 minute walk to White's Beach and local parks. Be quick, this property will not last long! **PHOTO ID REQUIRED FOR ALL INSPECTIONS**

Property History for 5 Lorama St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Transferred
22 Dec 2016
Listed for Rent
$530/w
11 May 2017
  • 01 May 2017
    Listed for Rent - Price not available
  • 22 Dec 2016
    Transferred
  • 09 Jun 2012
    Sold for $538,000
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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.