Over the last year, property investments in Torquay, 3228 have given investors a capital gain of 8.11%. This compares averagely with the 8.96% for VIC as a whole.
Comparing Torquay,3228 ‘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, 3228. Typically our figures indicate that -3.13% is being offered, which puts this VIC suburb at 3550th most discounted overall in Australia.
Property investors should expect to get $480 weekly from the median priced house in this suburb.
Property investors who have had real estate in Torquay, 3228 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.18%
When looking at the potential capital gains offered to property investors over the last 3 years, Torquay comes in at number 86th in VIC.
LACK OF BUYER INTEREST may well be the reason that Torquay is offering property investors an average of -5.07. This rate of discount on properties puts Suburb at number 299th in terms of most discounted suburbs in VIC
Renters in Suburb are facing rents around $4440 per annum or $370 every week.