54 Central AvenueTorquay VIC 3228
Property Details for 54 Central Ave, Torquay
54 Central Ave, Torquay is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 697m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Torquay in the last 12 months.
Last Listing description (November 2024)
With the perfect northerly rear orientation, this superb offering of almost 700m2 presents a fantastic opportunity for those seeking a walk up development site ( STCA ) with a tidy beach house to be enjoyed in the interim. The property is nicely set, down from the main road and within easy walking distance to the beach, Torquay's iconic Surf Precinct and the upcoming new Cinema and restaurant/entertainment centre.
The tidy two bedroom home is welcoming and light filled and offers two bedrooms, open plan living and dining, a central spacious kitchen, bathroom, laundry and a good size covered outdoor entertaining area. Further current improvements also include a lock up garage, workshop and under cover storage area. The property has plenty of on site parking together with yard space aplenty to be enjoyed by the whole family.
With a frontage of approx. 15.3 meters, the future development of the block would seem a straight up division down the middle, and we would suggest ocean views may well be achieved from second floor front balconies. A true opportunity in a fantastic Old Torquay location!
Note : Potential buyers should make their own enquiries with Council as to development potential, rules, regulations and approvals required for a two lot townhouse development.
Property History for 54 Central Ave, Torquay, VIC 3228
- 21 Nov 2024Sold for $1,230,000
- 03 Sep 2024Listed for Sale Not Disclosed
- 31 Mar 2023Listed for Sale $1,250,000
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0About 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 11,032 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.
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