Giving property investors a an average capital gain of 3.13% for the last year, Torquay, 4655 is the 2442th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Torquay,4655 has racked up an average of 3.13% over the period. This ranks it number 3209th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -7.06% to buyers in Torquay at the moment, which is less than average for the rest of QLD.
In the last year 108 properties changed hands in Torquay, which puts it as the 213th most active market in QLD when comparing the number of sales per suburb.
With the median price for a house in Torquay being $330000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.04%
With a capital gain of 5.48% for the last 12 months, Torquay, 4655 has performed for property investments than its average annual -1.61% property growth over the last 5 years.
Across a shorter period, Torquay, 4655 has seen a median price increase of -2.33% over the last quarter.
Sellers are offering property buyers an average discount of -8.75% to buyers in Torquay at the moment, which is less than average for the rest of QLD.
Torquay, 4655’s gross rental yield is 6.42%