With a capital gain of 5.52% for the last 12 months, Torquay, 4655 has performed for property investments than its average annual 0.88% property growth over the last 5 years.
If we look at median property appreciation over just the last three months, Torquay has given property investors a paper return of -1.52%. This puts Suburb as 605 on a list of fastest fasting appreciating suburbs in QLD
Sellers are offering property buyers an average discount of -7.46% to buyers in Torquay at the moment, which is less than average for the rest of QLD.
In the last year 117 properties changed hands in Torquay, which puts it as the 178th most active market in QLD when comparing the number of sales per suburb.
Torquay, 4655 ranked 43th in QLD when comparing growth in median property values or capital gain over the last 12 months. Torquay is one of 2415 in our list for QLD
Comparing Torquay,4655 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Torquay, 4655. Typically our figures indicate that -9.68% is being offered, which puts this QLD suburb at 56th most discounted overall in Australia.
Often selling an investment property can take time, and in Torquay the average time real estate has been on the market is 109.75 days.
Advertised rents are around the $280 mark per week – giving a return of 6.00% based on the median price in Suburb