Suburb Profile Report for Torquay QLD (4655)

Torquay House: Median price $325,000, Annual capital growth 0.89%, Number of sales 100, Weekly median advertised rent $320

Torquay Unit: Median price $224,500, Annual capital growth -1.82%, Number of sales 60, Weekly median advertised rent $285

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Torquay has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.00% to date .

Torquay,4655 was ranked 2733 in Australia by increase in median property value over the quarter.

Torquay4655 is located in QLD which offers an average discount of -7.10% to property investors. Torquay itself is showing figures that indicate -6.54% is the average achievable by property buyers investing in the suburb.

At number 3071 in a list of fastest selling suburbs, Torquay is in the bottom 20% of suburbs in Australia with an average of days on market 114.16 for properties listed there.

Torquay is 232th on a list of best yielding suburbs for rents in QLD with a 5.12% return

Torquay has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.67% to date .

While Torquay,4655 ranked number 167th in QLD for increase in median house value (annualised) increase, it is ranked 257th over the last 5 years.

Sellers are offering property buyers an average discount of -7.89% to buyers in Torquay at the moment, which is less than average for the rest of QLD.

Property investors should expect to get $285 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$325,000 $224,500
0.00% 0.00%
0.00% 0.67%
0.89% -1.82%
$320 $285
100 60
5.12% 6.60%
114.16 104.97

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Torquay QLD
Demographics
Total population 6025
Median household income ($/weekly) 678
Median age of persons 48
Median housing loan repayment ($/monthly) 1460
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 733 12.2
    35-44 years 618 10.3
    45-54 years 797 13.2
    55-64 years 900 14.9
    65-74 years 814 13.5
    Others 2163 35.9
    Age Group
    Census Count Percent(%)
    Not Married 2015 45.9
    Registered Married 1960 44.7
    Defacto Relationship 413 9.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4723 82.1
    Greece 49 0.9
    Papua New Guinea 212 3.7
    United Kingdom 433 7.5
    Other 84 1.5
    Others 250 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 44 0.8
    Christianity 3958 72.7
    Islam 8 0.1
    Other Religious Groups 47 0.9
    No Religion 1385 25.4
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 319 14.1
    $400-$599 465 20.6
    $600-$799 349 15.4
    $800-$999 241 10.7
    $1,000-$1,249 166 7.3
    Others 719 31.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2500 53.9
    Employed, worked full-time 1045 22.5
    Employed, worked part-time 693 14.9
    Unemployed, looking for work 295 6.4
    Employed, away from work 108 2.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 279 15.1
    Technicians & trades workers 285 15.4
    Community & personal service workers 273 14.8
    Sales 233 12.6
    Labourers 236 12.8
    Others 539 29.2
    Occupation
    Census Count Percent(%)
    Pre-school 44 4.0
    Infants/Primary 485 44.3
    Secondary 339 30.9
    Technical or Further Educational Institution 85 7.8
    University or other Tertiary Institutions 110 10.0
    Others 33 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4365 78.5
    Semi-detached, row or terrace house, townhouse 481 8.6
    Flat, unit or apartment 473 8.5
    Caravan, cabin, houseboat 227 4.1
    House or flat attached to a shop, office 14 0.3
    Others 3 0.1
    Dwelling Structure
    Census Count Percent(%)
    Rented 1080 43.8
    Fully owned 852 34.5
    Being purchased 449 18.2
    Other tenure type 87 3.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals