Torquay, 3228 ranked 389th in VIC when comparing growth in median property values or capital gain over the last 12 months. Torquay is one of 2098 in our list for VIC
While Torquay,3228 ranked number 324th in VIC for increase in median house value (annualised) increase, it is ranked 398th over the last 5 years.
Torquay3228 is located in VIC which offers an average discount of -6.04% to property investors. Torquay itself is showing figures that indicate -2.76% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Torquay the average time real estate has been on the market is 75.98 days.
With the median price for a house in Torquay being $663500 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 3.68%
Giving property investors a an unimpressive capital gain of -0.53% for the last year, Torquay, 3228 is the 1136th highest performer in Australia in this respect.
Torquay,3228 was ranked 738 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.14% offered to property buyers. Sellers in Torquay itself are offering an average vendor discount of -3.57% to real estate investors.
Property investors should expect to get $370 weekly from the median priced house in this suburb.