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VIC › Torquay › Aquarius Ave

15 Aquarius Ave, Torquay VIC 3228

For saleHouse for Sale

$3,500,000–$3,700,000

For sale

Asking range

7

Bedrooms

5

Bathrooms

20

Car spaces

12,200 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,500,000–$3,700,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,500,000–$3,700,000(Listing record · 19 Jan 2026)
  • CalculationLand 12,200 m² against a 557 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 195% above the Torquay median recorded sale ($1,185,000, n=24, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Torquay's advertised median rent ($650/wk), implied gross yield would be 0.97% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$3,500,000–$3,700,000

Asking range · $287/m² of land

No recorded sale for this property.

Torquay at a glance

21,018

People

$1,185,000

Median sale

$650/wk

Median rent

2.85%

Suburb gross yield

Median sale from 24 recorded sales (last 24 months) — a Districts calculation.

See the full Torquay report →

Vs Torquay

+195.4%

Median sale

Suburb $1,185,000

-1.88 pp

Gross yield

Suburb 2.85%

Suburb median $1,185,000 from 24 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$3,500,000
Stamp Duty (Victoria)
$207,500
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,714,814

$214,814 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Torquay's advertised median rent — not a rent for this listing.

Net yield
-0.53%
Annual cashflow (pre-tax)
$-200,700
Interest cover (DSCR)
-0.10
Annual rent
$33,800
Operating expenses
$52,500
Loan amount
$2,800,000
Annual interest
$182,000
Gross yield
0.97%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$3,500,000–$3,700,000available19 Jan 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $650/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Torquay in one glance

Torquay at a glance

21,018

People

$1,185,000

Median sale

$650/wk

Median rent

2.85%

Suburb gross yield

Median sale from 24 recorded sales (last 24 months) — a Districts calculation.

See the full Torquay report →

Keep researching

  • Why Torquay? Read the area thesis →
  • What else is on the market in Torquay →
  • Other records on Aquarius Ave →

Listing material

Listed by McCartney Real Estate

EXCEPTIONAL COASTAL LIFESTYLE RETREAT

Set within one of Torquay's most tightly held lifestyle enclaves, this expansive 3 plus acre (approx.) north-facing property delivers rare space, privacy and versatility just minutes from the coastline. Solidly built in 1970's and meticulously maintained and extended, it offers multiple living zones, a self-contained studio, beautifully established gardens, a pool, tennis court and extensive shedding—creating a true lifestyle sanctuary.

A welcoming boot room sets the tone, leading into a series of inviting and light-filled living spaces. The main lounge flows seamlessly to the dining space and a commercial-grade stainless-steel kitchen with gas cooking and dishwasher, ideal for family meals or entertaining. Recently completed, the main lounge room is a standout addition featuring vaulted ceiling, timber-panelled walls, double-glazed windows, electric heating and French doors to the outdoors and an expansive entertaining deck. A second cosy living zone with gas log fire opens directly to the front deck for relaxed indoor–outdoor connection.

Downstairs, accommodation features a generous master suite with direct access to the front deck, complete with a built-in robe and en-suite. A second bedroom on this level is serviced by a well-appointed family bathroom with spa bath. A spacious laundry incorporating a shower and ample storage, together with a private study fitted with built-in cabinetry, enhances everyday functionality and completes the lower-level layout.

Read the full description

Upstairs, a spacious retreat with built-in bar, sink and balcony access offers an ideal third living space. Split-system heating/cooling and external electric shutters enhance comfort and privacy. Two well-proportioned bedrooms with ceiling fans complete the level, including one with its own private en-suite.

Perfect for multi-generational living, long-term guests, a home business or rental income, the property houses a studio with private external access, two additional bedrooms with BIRs, a kitchen and a comfortable living area with wood heater, plus a combined bathroom/laundry.

Designed for enjoyment and productivity, the grounds feature, five large water tanks, totalling 260,000 litre capacity, automated irrigation, a solar power system (12.5KW), children's playground, full-size tennis court, mature edible gardens with veggie boxes and a wide range of fruit trees.

Multiple decks, including a spa deck and rear entertaining area, a sparkling swimming pool, framed by sandstone pavers with additional roof heating mat and gas heating. Additional infrastructure includes a double garage plus a third garage currently used as a painting studio, along with a smaller shed repurposed as a home gym. The residence benefits with electric shutters for temperature and security control throughout apart from the main lounge and back to base Barwon security throughout with security sensors to the main lounge.

15 Aquarius Avenue is more than just a home—it's a private retreat with room for extended family, hobbies, entertaining and relaxation.

Offering exceptional lifestyle appeal in a coveted location close to beaches, schools, cafés and shopping centre, properties of this scale and quality are seldom offered.

Listing description written by Matt Kavanagh, McCartney Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Gas Heating
  • Living Areas: 4
  • Outdoor Entertaining
  • In-Ground Pool
  • Rumpus Room
  • Solar Panels
  • Study
  • Tennis Court
  • Water Tank
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.