At number 1834th in the list of Australian suburbs ordered by increase in median house value over the last year, Torquay, 3228 is in the top half with a property value increase of 7.69% recorded in median house prices.
Torquay,3228 was ranked 2407 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -3.12% to buyers in Torquay at the moment, which is less than average for the rest of VIC.
Residents and property investors in Torquay have been waiting around 69.94 days to sell a property.
Property investors should expect to get $480 weekly from the median priced house in this suburb.
Over the last year, property investments in Torquay, 3228 have given investors a capital gain of 15.56%. This compares very favourably with the 4.79% for VIC as a whole.
Torquay,3228 was ranked 258 in Australia by increase in median property value over the quarter.
Vendor discounting in Torquay is giving property investors an average Vendor Discount of around -2.62%. This puts suburb at number 286th in VIC when ranking the most discounted suburbs.
At number 803 in a list of fastest selling suburbs, Torquay is just in the bottom half of suburbs in Australia with an average of days on market 78.51 for properties listed there.
The VIC suburb of Torquay, 3228 is in the Surf Coast local government area.