33/397 Esplanade, Torquay, QLD 4655 | Unit for sale | OnTheHouse
 
FOR SALE
Offers Above $615,000

33/397 Esplanade
Torquay QLD 4655

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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High-Yield Coastal Investment in White Crest Apartments | Prime Esplanade Positi

An exceptional opportunity to secure a high-performing investment property in the tightly held White Crest Apartments, ideally positioned along the Hervey Bay Esplanade and directly opposite Scarness Beach.
This top floor, two-bedroom, two-bathroom apartment offers broad rental appeal with its spacious open plan living and dining area, modern stone-top kitchen, and private balcony capturing elevated city views. Designed for low-maintenance living, the property is perfectly suited to both holiday letting and long-term tenancy.
Located within a secure five-storey complex with lift access, the resort-style facilities significantly enhance tenant and guest demand. Residents enjoy a tropical swimming pool, tennis court, and secure underground parking, all contributing to a highly desirable coastal lifestyle.
The unbeatable location places guests and tenants within walking distance to an abundance of caf&aecute;s, restaurants, and local attractions, ensuring strong occupancy rates year-round.
With experienced onsite management already in place, this property offers a seamless, hands-off investment option-ideal for investors seeking consistent returns in a thriving tourism market.
Investment Highlights:
- Proven high-demand location opposite Scarness Beach
- Strong appeal for both holiday letting and permanent rental
- Two bedrooms, two bathrooms – ideal for shared or family stays
- Open plan design with modern finishes and stone benchtops
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Property Details for 33/397 Esplanade, Torquay

33/397 Esplanade, Torquay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with LJ Hooker Fraser Coast.

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About Torquay 4655

The size of Torquay is approximately 4.3 square kilometres. There are 15 parks, covering nearly 13.0% of the total area. The population of Torquay in 2016 was 6316 people. By 2021 the population was 6533 showing a population growth of 3.4% in the area during that time. The predominant age group in Torquay is 70-79 years. Households in Torquay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Torquay work in a community and personal service occupation.In 2021, 57.10% of the homes in Torquay were owner-occupied compared with 53.20% in 2016.

Torquay has 3,705 properties. Over the last 5 years, Houses in Torquay have seen a 87.78% increase in median value, while Units have seen a 112.03% increase. As at 30 April 2026:

  • The median value for Houses in Torquay is $802,072 while the median value for Units is $613,060.
  • Houses have a median rent of $583 while Units have a median rent of $500.
There are currently 64 properties listed for sale, and 28 properties listed for rent in Torquay on OnTheHouse. According to Cotality's data, 192 properties were sold in the past 12 months in Torquay.

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Tony Sprake
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LJ Hooker Fraser Coast
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