Over the last year, property investments in Torquay, 4655 have given investors a capital gain of 3.65%. This compares averagely with the 2.06% for QLD as a whole.
Taking the average capital gain, or increase in median house value, Torquay,4655 has racked up an average of 3.65% over the period. This ranks it number 3303th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -7.69% to buyers in Torquay at the moment, which is less than average for the rest of QLD.
Situated 241.69km from the CBD, Torquay is one of Fraser Coast localities in the postcode 4655.
Property value increases in Torquay have tracked just higher than the QLD average of 0.98% over the last 12 months.
Over the longer term, Torquay has seen property prices show investors a 9.24% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -9.69% to buyers in Torquay at the moment, which is less than average for the rest of QLD.
Often selling an investment property can take time, and in Torquay the average time real estate has been on the market is 112.72 days.
A $282.5 per week rent on the median house gives suburb investors a gross yield of circa 6.21%, without taking into account capital value appreciation, which has been averaging out at -1.97%.