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 3.5% and has experienced a 12-month capital growth of Down -0.8%, with a median house buy price of $1,180,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$830,000
$1,065,000
$1,252,500
$1,180,000
Suburb Market Profile
Last month Torquay had 59 properties available for rent and 178 properties for sale. Median property prices over the last year range from $1,180,000 for houses to $880,000 for units. If you are looking for an investment property, consider houses in Torquay rent out for $750 PW with an annual rental yield of 3.5% and units rent for $650 PW with a rental yield of 3.6%. Torquay has seen an annual compound growth rate of -0.8% for houses and 2.0% for units.
Top Yielding Suburbs in VIC
Explore other high-yield positive cash flow investment markets in VIC