17 Truro Street, Torquay, QLD 4655 | Property Value & History | OnTheHouse
OFF MARKET

17 Truro Street
Torquay QLD 4655

Bedrooms: 10
Bathrooms: 5
Car spaces: 8
Land area: 2021m2
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Property Details for 17 Truro St, Torquay

17 Truro St, Torquay is a 10 bedroom, 5 bathroom Unit with 8 parking spaces. The property has a land size of 2021m2. While the property is not currently for sale or for rent, it was last sold in September 2000.

Building Type
Unit
Land Size
2021m2
Local Government
Fraser Coast Regional
Lot/Plan
2/RP109852

Last Listing description (February 2024)

Discover a rare and lucrative investment opportunity in the heart of Torquay, the jewel of Hervey Bay.

This unique property, now attractively priced at $2,090,000, is a testament to exceptional value and presents a compelling proposition for astute investors.

Key Features:

1. Strategic Location: Nestled in the sought-after beachside suburb of Torquay, this property is within walking distance to pristine local beaches, the recently established outdoor mini-golf venue, and a vibrant array of dining options, including a local brewery and wine bars.

2. Diverse Accommodation Units: Boasting a 3-bedroom primary dwelling, two 2-bedroom units, a 3-bedroom unit, and a separate flat accommodating up to 10 individuals, this property is a versatile investment offering various income streams.

3. High-Density Zoning: Positioned in a high-density zone, this property provides a unique opportunity for future expansion, subject to relevant Council approvals. This flexibility ensures long-term growth potential, allowing investors to capitalise on evolving market demands.

4. Income Generating Potential: Currently housing fixed-term tenants, the property's true value lies in its potential for short-term holiday accommodation. Alternatively, with Hervey Bay experiencing a construction and development boom, there is a growing demand for transient workforce housing, making this an ideal investment for those seeking to maximise returns.

5. Tourism Hub: Torquay is renowned for its tourism, making this property an attractive option for those looking to tap into the thriving local tourism industry. Its proximity to key attractions enhances its appeal to both holidaymakers and business travellers.

Seize the opportunity to be part of Hervey Bay's growth story. With a motivated owner considering all reasonable offers, now is the time to invest in this prime property.

Act swiftly to secure your position in one of the most dynamic and promising real estate markets on the Queensland coast.

For further details and to arrange a private viewing, please contact Calvin today on 0421 517 941.

Don't miss out on this exclusive investment opportunity in Torquay.

Property History for 17 Truro St, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$75,000
03 Sep 2000
Listed for Rent
$230/w
19 Nov 2015
  • 20 Oct 2023
    Listed for Sale Not Disclosed
  • 19 Nov 2015
    Listed for Rent - Price not available
  • 26 May 2015
    Listed for Rent - Price not available
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About Torquay 4655

The size of Torquay is approximately 4.3 square kilometres. It has 15 parks covering nearly 13.0% of 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 3,657 properties. Over the last 5 years, Houses in Torquay have seen a 95.45% increase in median value, while Units have seen a 116.75% increase. As at 28 February 2026:

  • The median value for Houses in Torquay is $791,185 while the median value for Units is $603,736.
  • Houses have a median rent of $570 while Units have a median rent of $505.
There are currently 29 properties listed for sale, and 16 properties listed for rent in Torquay on OnTheHouse. According to Cotality's data, 191 properties were sold in the past 12 months in Torquay.

Suburb Insights for Torquay 4655

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Cotality Copyright and Legal Disclaimers about Property Data
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.