Over the last year, property investments in Torquay, 4655 have given investors a capital gain of 2.00%. This compares favourably with the 0.78% for QLD as a whole.
A 1.69% growth in median value for property investors in Torquay,4655 puts this suburb at number 530th in terms of best performing suburbs in QLD
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Torquay itself are offering an average vendor discount of -6.79% to real estate investors.
At number 1167 in a list of fastest selling suburbs, Torquay is in the TOP 40% of suburbs in Australia with an average of days on market 66.3194 for properties listed there.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 0.17%, investors should hope to achieve an overall return of 5.33%
With a capital gain of -0.42% for the last 12 months, Torquay, 4655 has performed for property investments than its average annual -1.20% property growth over the last 5 years.
The five-year average increase in median property values for Torquay,4655 has given property investors a potential capital gain of 0.00% across each of those five years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.43% offered to property buyers. Sellers in Torquay itself are offering an average vendor discount of -7.12% to real estate investors.
The QLD suburb of Torquay, 4655 is in the Fraser Coast (R) local government area.