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VIC › Torquay › Ocean View Cres

36 Ocean View Cres, Torquay VIC 3228

For saleHouse for Sale

$1,400,000–$1,495,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

779 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,400,000–$1,495,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,400,000–$1,495,000(Listing record · 11 Aug 2026)
  • FactLand 779 m²; no building size recorded.(Property record)
  • CalculationAsk is 18% 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 2.41% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$1,400,000–$1,495,000

Asking range · $1,797/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

+18.1%

Median sale

Suburb $1,185,000

-0.44 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
$1,400,000
Stamp Duty (Victoria)
$77,000
Transfer/Registration Fee
$3,380
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
$1,484,080

$84,080 on top of the price (6.0% 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
0.91%
Annual cashflow (pre-tax)
$-60,000
Interest cover (DSCR)
0.18
Annual rent
$33,800
Operating expenses
$21,000
Loan amount
$1,120,000
Annual interest
$72,800
Gross yield
2.41%

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$1,400,000–$1,495,000available11 Aug 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 2.4%. 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 Ocean View Cres →

Listing material

Listed by Oslo Property

Striking Architectural Retreat with Waters Views

Defined: Starting and finishing the day with leisurely beach walks, this one-of-a-kind architectural retreat embodies a laid-back lifestyle, with captivating water views that serve as a beautiful reminder of its coastal charm.

With a multi-level design ensuring uncompromising space for growing families, the layout features two separate living zones, a clever accommodation configuration, and multiple outdoor entertaining zones alongside an open lawn area framed by towering palms. Oriented towards Spring Creek and just a short drive from Torquay’s heart, true coastal living is effortlessly achieved to ensure a lifestyle rich in adventure and amenity.

Considered:

Read the full description

Kitchen: Walk-in pantry, extensive stone benchtops, electric cooktop, wall oven, dishwasher, overhead cabinetry with feature glass doors, tiled splashback, fridge cavity, breakfast bar overhang, window with roller blind, split-system heating/cooling unit, oversized sink, central light, and tiled floors.

Open-Plan Living/Dining: Architectural timber-lined ceilings, a combination of tiled and carpeted flooring, freestanding wood heater, ceiling fans with light, shelving nook, large bay window with views out towards Spring Creek and Torquay Surf Beach, direct north-facing balcony access, and Limestone block walls.

Secondary Living: Ground-floor position with tiled flooring, Limestone block walls, large bay window with roller blinds, and exterior access to the covered patio.

Master Suite: Architectural timber-lined ceiling, private deck with water views, walk-in robe, and spa-ensuite with bi-fold door entry, corner spa bath, oversized shower with brushed gold tapware and blue surround, glass block feature, and vanity with stone top and underbench storage. Carpet underfoot, wall lights, and ceiling fan with light.

Secondary Bedrooms: Set across both the entry and ground floors, three generously proportioned bedrooms present with carpet under foot, with two offering walk-in robes and one with built-in robes.

Main Bathroom: Extended single vanity with underbench storage, in-built tub, shower, wall mirror, window with frosted glass, heat lamp, brushed gold tapware, and separate toilet.

Outside: Framed by stunning palms and a rocked frontage, this 779sqm (approx.) carries its resort style through to the rear with established palms and bamboo, with multiple outdoor entertaining zones and open lawn inspiring laid-back family living.

Luxury Inclusions: Stunning architectural timber-lined ceilings, water views, underfloor heating (downstairs only), freestanding wood heater, split-system heating/cooling unit, extensive glazing, internal storage, double garage with storage space, and garden shed.

Close by Facilities: Spring Creek, Torquay Surf Beach, RACV Resort, Jan Juc Surf Beach, Bell Street and Torquay’s Town Centre, Torquay Front Beach, Torquay College, Torquay Golf Club, Saint Therese Catholic Primary School, local coastal walking tracks, playgrounds, and open reserves.

Ideal For: Young or growing families, active downsizers, and investors.

**All information offered by Oslo Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Oslo Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Oslo Property will not be liable for any loss resulting from any action or decision by you in reliance on the information. Photo ID must be shown at all open inspections in order to inspect the property*

Listing description written by Trinity Paderno, Oslo Property — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Gas Heating
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Shed
  • Toilets: 2
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.