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.
VIC › Torquay › Ironbark Ct
$2,800,000
Last sold
3 June 2024
5
Bedrooms
3
Bathrooms
4
Car spaces
4,036 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
$2,800,000
3 June 2024 · derived via latest_sale
Local land rate: recorded House sales in Torquay (last 5 years) with land size have a median of $2,374/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
+136.3%
Median sale
Suburb $1,185,000
-1.64 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
UnknownVictoria 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.
Area
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 EstateImagine a breathtaking Queenslander style home, exuding luxury and grandeur nestled in prestigious Ocean Acres Estate surrounded by beautifully manicured landscaped gardens on approximately one acre.
This marvel boasts 5 bedrooms, each designed with a blend of contemporary comfort. Stepping inside, you're greeted by a welcoming entry adorned with a hall fretwork arch and gorgeous Jarrah timber floors. The four living zones are strategically distributed throughout the home, offering a seamless flow and cater to various purposes. A large lounge room with mantle and gas log fire features large picture windows and has a connecting yet tucked away children's play zone or could be utilised as a 6th bedroom.
The kitchen is a masterpiece, designed for both functionality and aesthetic appeal, equipped with a palatial stone bench, butler's pantry, extensive cabinetry and 900mm cook top, adjacent to the kitchen is the dining and living this vast open space highlights an ambient wood fire and flows freely to the outdoors to an undercover pergola where entertaining can be enjoyed. For those who study or work from home a well-appointed study provides a secluded space allowing focus and creativity to flourish and is inclusive of a large closed off storeroom.
The master suite benefits with doors that allow access to the front porch and highlights a large walk-in robe, built in robe, and stylish en-suite with twin vanity. A large, scale recently renovated family bathroom is contemporary and services the four remaining bedrooms are equipped with built in robes, desks, and ceiling fans. A guest/5th bedroom with porch access is placed at the front of the home.
The outdoors is just as breathtaking as the indoors, the allure of an inground 10m x 5m swimming pool (solar heated) surrounded by meticulously landscaped gardens that create an oasis of tranquility and beauty, further enhancing the recreational amenities is a pristine tennis court, fully fenced synthetic with practice wall invites residents and guests to enjoy friendly matches amidst the backdrop of the property. Accommodation for guests, extended family members or even a teenager retreat is a separate, self-contained studio, providing a private living space complete with all necessary amenities.
Equipped with many features including ducted heating & cooling, split system appointed to the studio, elevated ceilings, Jarrah hardwood timber floors, double glazed windows, outdoor shower, large laundry/wet room with plenty of storage, beautiful fire pit zone, veggie boxes, solar power (4.5kw system), 3 x 20,000 litre water tanks, and under-stair storage. A double garage/workshop and 2 car carport, built in veggie boxes within a large vegetable garden, garden shed and chicken coup, all this and much more on a fabulous 4036m2 allotment (approx.).
Where luxury and lifestyle come together 5 Ironbark Court is just magnificent and within easy reach of all amenities, call today to book your private inspection.
Listing description written by Tim Carson, McCartney Real Estate — reproduced as published, not verified by Districts.