394 Torquay Terrace, Torquay, QLD 4655 | Land for sale | OnTheHouse
FOR SALE
$1,150,000

394 Torquay Terrace
Torquay QLD 4655

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1763m2
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A RARE GEM IN THE HEART OF TORQUAY, MASSIVE BLOCK, HUGE SHED, INCREDIBLE POTENTIAL

Rarely does an opportunity of this size and flexibility become available in the heart of Torquay.
Positioned high above Torquay Terrace on a substantial 1,763m² allotment, this exceptional parcel of land offers the potential to capture lake views and, with a second level, enjoy beautiful ocean views across Hervey Bay. Whether you're dreaming of building your forever home, creating a dual-living opportunity, or exploring future development possibilities (subject to Fraser Coast Regional Council approval), the options here are endless.
Located just a short stroll from the beach, cafes, restaurants, shopping centres, supermarkets and medical facilities, you can enjoy the convenience and vibrant lifestyle of Torquay without sacrificing space.
While you decide your next move, the property already boasts an impressive 5-bay Colorbond shed with a dividing mezzanine section and workshop area. Offering approximately 104m² under roof, it is the perfect setup for tradies, car collectors, boating enthusiasts, caravan owners or anyone needing secure storage for vehicles and equipment.
You don't need to move out of town to enjoy a large block of land. This rare gem delivers space, convenience and future potential all in one sought-after location.
At 394 Torquay Terrace (Lot 2), you will find:
• 1,763m² allotment with outstanding lifestyle and development potential
• Elevated position with potential lake views and ocean views from a second-storey build
• Opportunity to build your dream home, create an income stream with a second dwelling, or investigate subdivision potential (STCA)
• Massive 5-bay Colorbond shed with workshop and mezzanine storage
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Property Details for 394 Torquay Tce, Torquay

Building Type
Land
Land Size
1763m2
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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 3,718 properties. Over the last 5 years, Houses in Torquay have seen a 77.67% increase in median value, while Units have seen a 110.66% increase. As at 31 July 2026:

  • The median value for Houses in Torquay is $808,314 while the median value for Units is $616,276.
  • Houses have a median rent of $595 while Units have a median rent of $490.
There are currently 83 properties listed for sale, and 20 properties listed for rent in Torquay on OnTheHouse. According to Cotality's data, 188 properties were sold in the past 12 months in Torquay.

Suburb Insights for Torquay 4655

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Vicki Maynard
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Prime Agents Hervey Bay
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.