TORQUAY 3228
State: VICPosiProp AI Investment Summary
TORQUAY (VIC 3228) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Down -0.6%, with a median house buy price of $1,185,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$830,000
$1,100,000
$1,260,000
$1,185,000
Suburb Market Profile
Last month Torquay had 51 properties available for rent and 223 properties for sale. Median property prices over the last year range from $1,185,000 for houses to $855,000 for units. If you are looking for an investment property, consider houses in Torquay rent out for $730 PW with an annual rental yield of 3.3% and units rent for $600 PW with a rental yield of 3.4%. Torquay has seen an annual compound growth rate of -0.6% for houses and -8.1% for units.