If you compare the increase in value of investment property in Torquay, 3228 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 7.46%.
While Torquay,3228 ranked number 544th in VIC for increase in median house value (annualised) increase, it is ranked 435th over the last 5 years.
Sellers are offering property buyers an average discount of -0.54% to buyers in Torquay at the moment, which is less than average for the rest of VIC.
At number 250th in the list of Australian suburbs ordered by increase in median house value over the last year, Torquay, 3228 is in the top 20% with a property value increase of 16.64% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Torquay comes in at number 184th in VIC.
The VIC suburb of Torquay, 3228 is in the Surf Coast local government area.