With a capital gain of 8.91% for the last 12 months, Torquay, 4655 has performed for property investments than its average annual 1.46% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Torquay comes in at number 583th in QLD.
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 -7.39% is being offered, which puts this QLD suburb at 1072th most discounted overall in Australia.
Giving property investors a a solid capital gain of 17.06% for the last year, Torquay, 4655 is the 162th highest performer in Australia in this respect.
Over the longer term, Torquay has seen property prices show investors a 14.88% return over the last 3 years. This is an improvement over the last 12 months
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.98% offered to property buyers. Sellers in Torquay itself are offering an average vendor discount of -10.37% to real estate investors.
A $277.5 per week rent on the median house gives suburb investors a gross yield of circa 5.84%, without taking into account capital value appreciation, which has been averaging out at -2.58%.