OFF MARKET

7 Springbank Circuit
Torquay VIC 3228

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 717m2
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Property Details for 7 Springbank Cct, Torquay

7 Springbank Cct, Torquay is a 0 bedroom, 0 bathroom House. The property has a land size of 717m2. While the property is not currently for sale or for rent, it was last sold in November 2002.

Building Type
House
Land Size
717m2
Local Government
Surf Coast
Lot/Plan
289/PS508540

Last Listing description (November 2024)

This great opportunity to build the coastal home of your dreams in a tightly held & established pocket of Torquay, where vacant blocks are a rarity.
Living in a quiet family-friendly locale surrounded by other quality homes, plus the idyllic location is walking distance to Jan Juc, pristine beaches, surf spots, Spring Creek & more!

The opportunities this substantial 717m2 block affords - whether you subdivide (single dwelling covenant expires in January 2025) or build a double-storey delight & enjoy the scenic views across lush Spring Creek.

Leaving your car at home & strolling to nearby playgrounds, the bike park, RACV Resort & Golf Course, Torquay central shops & eateries plus the reserve & sports facilities.

The block is perfectly orientated with a delightful northern aspect and generous frontage - and of course plenty of scope to create the dream Aussie backyard!

Enjoy living at the gateway to the famous Great Ocean Road, plus easy access to Geelong & Melbourne via the Ring Road - it's the best of all worlds.

No need to wait a second longer, as the land is titled & ready to build on NOW!

Property History for 7 Springbank Cct, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$185,000
18 Nov 2002
  • 20 Jun 2024
    Listed for Sale $880,000
  • 18 Nov 2002
    Sold for $185,000

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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 11,033 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 24 properties listed for sale, and no properties listed for rent in Torquay on OnTheHouse. According to CoreLogic's data, 368 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.