SOLD
Sold on 23 Dec 2023 for $700,000

8 Karkalla Street
Torquay VIC 3228

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 512m2
Sold By
Belle Property Geelong & Torquay
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Property Details for 8 Karkalla St, Torquay

Building Type
Land
Land Size
512m2
Local Government
Surf Coast
Lot/Plan
541/PS806602

Last Listing description (May 2024)

Situated on the quiet and Established Karkalla St in the Dunes this large 512M2 elevated block with single level neighbours either side is ready for you to build your Torquay Seaside Dream Home (Ocean views from a 2nd level Home).
With all the amenities at your doorstep located a short walk to the Dunes Shopping Centre with Woolie's Supermarket, Medical Centre, Cafes, Salon and more Restaurants on the way.
With the Torquay Primary and Senior Schools close by and an abundance of Parks and Beaches all within easy reach this Premium Titled block is ready for your next move.

Property History for 8 Karkalla St, Torquay, VIC 3228

A timeline of how this property has performed in the market
Last Sold
$700,000
23 Dec 2023
  • 23 Dec 2023
    Sold for $700,000
  • 24 May 2023
    Listed for Sale $750,000
  • 10 Dec 2022
    Listed for Sale $760,000 - $780,000
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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 11,031 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 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.