122 Torquay Rd, Scarness is a 4 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in November 2009.
INVESTORS - DO YOUR SUMS...
UNIT OR TOWNHOUSE DEVELOPMENT POTENTIAL HERE....1012M2 LAND - STCA.
ZONING ALONG THIS STRETCH IS RESIDENTIAL HIGH DENSITY WHICH IS SUBJECT TO COUNCIL APPROVAL, MEANS YOU MAY BE ABLE TO BUILD A BLOCK OF UNITS/TOWNHOUSES. HOWEVER IF YOU ARE NOT READY TO DEVELOP JUST YET, THE FOUR BEDROOM LOWSET HOUSE HAS RECENTLY BEEN RENOVATED AND HAS A FANTASTIC TENANT IN PLACE, GIVING YOU A RETURN ON YOUR INVESTMENT PRIOR TO DEVELOPING.
The size of Scarness is approximately 1.8 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Scarness in 2016 was 3519 people. By 2021 the population was 3646 showing a population growth of 3.6% in the area during that time. The predominant age group in Scarness is 60-69 years. Households in Scarness are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Scarness work in a community and personal service occupation.In 2021, 55.40% of the homes in Scarness were owner-occupied compared with 49.50% in 2016.
Scarness has 2,185 properties. Over the last 5 years, Houses in Scarness have seen a 105.03% increase in median value, while Units have seen a 108.36% increase. As at 31 March 2026:
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