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.
$3,410,000
Last sold
3 Feb 2024
4
Bedrooms
1
Bathrooms
1
Car spaces
1,011 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$3,410,000
3 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Torquay (last 5 years) with land size have a median of $2,370/m² of land (n=75). Districts calculation from recorded sales — not a valuation.
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.
Vs Torquay
+187.8%
Median sale
Suburb $1,185,000
-1.86 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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
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.
Listing material
Listed by McCartney Real EstateAuction Location: 4 Pride Street, Torquay
AUCTION: SATURDAY 3rd February 2024 @ 12pm (If not Sold Prior).
TERMS: 10% Deposit - 30/60 Days
Step into a bygone era with this enchanting period home, a true embodiment of timeless charm and character. Nestled on a sprawling 1011m2 (approx.) block of land in an outstanding 'Old Torquay' location.
This residence boasts four bedrooms, each exuding its own unique allure, including a loft bedroom a secluded retreat that offers a private space elevated above the rest. The light-filled dining area is adorned with a gorgeous mantel and an open fireplace, creating a warm and inviting ambiance that connects to the cosy lounge boasting large windows and a picturesque view of the front deck, and gardens.
A separate well-equipped timber kitchen with gas cooking and dishwasher will capture your attention, complete with the original wood oven and stove that evoke a sense of nostalgia and culinary heritage. Natural light pours into the timeless family bathroom that services all bedrooms, a separate WC, and a large laundry with excellent storage complete the indoors. Outside, the lush gardens surrounding the property are a visual delight, enhancing the overall appeal of the residence.
The fabulous rear deck provides an ideal setting for entertaining, where you can host gatherings and enjoy the scenic beauty of the expansive backyard. The property features high ceilings and timber floorboards, decorative wall paneling, ducted gas heating, ceiling fans, evaporative cooling, a large shed, and garden shed in the backyard. Embrace the charm, revel in the character, and make this residence your haven of timeless elegance.
Situated a stone's throw from thriving Bell Street with fabulous cafes, restaurants, and shopping, Cosy Corner, Front Beach, and Torquay Back Beach are an easy stroll. Whether you decide to make this extraordinary property your permanent residence, a holiday escape, or opt to build your dream home or develop the allotment (STCA), the power of choice is firmly in your hands. Call today for more information.
Listing description written by Tim Carson, McCartney Real Estate — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.