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QLD › Torquay › Esplanade

U8, 383 Esplanade, Torquay QLD 4655

For saleUnit

$649,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $649,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $649,000(Listing record · 15 May 2026)
  • CalculationAsk is 19% below the Torquay median recorded sale ($799,500, n=72, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Torquay's advertised median rent ($526/wk), implied gross yield would be 4.21% — 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

$649,000

Asking

No recorded sale for this property.

Torquay at a glance

6,782

People

$799,500

Median sale

$526/wk

Median rent

3.42%

Suburb gross yield

Median sale from 72 recorded sales (last 12 months) — a Districts calculation.

See the full Torquay report →

Vs Torquay

-18.8%

Median sale

Suburb $799,500

+0.79 pp

Gross yield

Suburb 3.42%

Suburb median $799,500 from 72 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$649,000
Stamp Duty (Queensland)
$22,230
Transfer/Registration Fee
$2,436
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
$677,366

$28,366 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • 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: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

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

Net yield
2.71%
Annual cashflow (pre-tax)
$-16,131
Interest cover (DSCR)
0.52
Annual rent
$27,352
Operating expenses
$9,735
Loan amount
$519,200
Annual interest
$33,748
Gross yield
4.21%

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.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$649,000available15 May 2026

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

Capital growth

QLD

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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $526/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. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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 4.2%. 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

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • 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

6,782

People

$799,500

Median sale

$526/wk

Median rent

3.42%

Suburb gross yield

Median sale from 72 recorded sales (last 12 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 Esplanade →

Listing material

Listed by Ray White Hervey Bay

Fully Furnished Coastal Elegance Opposite the Esplanade

Wake up to sea breezes, sunshine, and the relaxed coastal lifestyle you've been dreaming of with this beautifully positioned Esplanade apartment in the heart of Torquay. Offering the perfect blend of comfort, convenience, and low-maintenance living, this spacious residence is ideal for owner-occupiers, holidaymakers, or savvy investors looking to secure a slice of Hervey Bay's sought-after beachfront lifestyle. With open-plan living, dining and kitchen, front balcony, and a layout designed for effortless living, this is coastal living at its finest.

Designed to embrace the laid-back coastal atmosphere, the unit offers comfortable interiors filled with natural light and refreshing bay breezes. Whether you are enjoying your morning coffee on the balcony or unwinding after a day by the beach, this property delivers the perfect balance of lifestyle and practicality in a prime Esplanade position.

Key Features

Read the full description

• Well appointed kitchen featuring breakfast bar, ample storage and freestanding oven

• Generous open plan living and dining flowing onto the balcony

• The master suite provides a peaceful retreat, complete with:

• Walk-through robe

• Private en-suite

• Air conditioning

• Direct balcony access

• A second generously sized bedroom featuring built-in robes and is serviced by a modern bathroom with walk-in shower and separate toilet for added convenience.

• Internal laundry

Additional Property Features:

• Secure underground double lock-up garage

• Common locked storage room ideal for bikes, boards & beach equipment

• Lift access plus east & west stairwell access

• Fully secured complex with CCTV throughout common areas

• In-ground swimming pool within the complex

• NBN connection with router included

• Sold fully furnished including furniture, appliances, kitchenware & utensils

• Move-in ready or immediately rentable

• Low-maintenance lock-and-leave lifestyle

• Exceptional blend of lifestyle appeal & investment potential

Location Highlights

• Torquay Beach - directly opposite

• Torquay State School - approx. 350m

• Shopping, dining & services - minutes away

Approved and registered with council for holiday letting, this property offers exceptional flexibility for both lifestyle and investment buyers. The layout provides potential for separation into a one-bedroom apartment and self-contained studio, creating the opportunity for dual-income returns. The property offers immediate income potential while still maintaining flexibility for future owner occupation or short-term accommodation.

Whether you are searching for a sophisticated beachside residence, a flexible holiday apartment, or a high-performing investment opportunity, Unit 8 at 383 Esplanade represents a rare opportunity to secure premium coastal living in one of Hervey Bay's most sought-after beachfront locations.

Perfectly positioned along the vibrant Torquay Esplanade, the property is just moments from the beach, cafés, restaurants, boutique shopping, and everyday amenities. Enjoy kilometres of scenic walking and cycling paths right at your doorstep, while major shopping centres, schools, and medical facilities remain only a short drive away. Combining lifestyle and convenience, this location captures everything people love about living in Hervey Bay.

You wont want to miss out on this one. Contact Jacob Cullen for all enquiries today!

Listing description written by Jacob Cullen, Ray White Hervey Bay — reproduced as published, not verified by Districts.

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.