Urban Edge is pleased to present to the market:
286 Torquay Terrace & 21 Bideford Street, Torquay, QLD, 4655.
A 5,865m2 high-density residential site in the heart of accelerating Hervey Bay for sale by Expression of Interest.
Positioned for exceptional convenience and lifestyle appeal, this prime high-density residential site sits just 300m* from the vibrant Torquay Village and the proposed Sheraton Resort. As the most established village precinct along the Esplanade, Torquay offers an unrivalled mix of urban amenity and coastal charmplacing future residents within effortless reach of an impressive selection of cafs, restaurants, bars, grocery stores, boutique retailers, and essential services.
Investment Highlights
- Prime 5,865 sqm High-Density Development Site
- 2 Titles
- High exposure site with two street access
- 300m* from the Proposed Sheraton Resort
- Located near key amenities
- Multiple high-density residential approvals nearby
Nows the time to invest into the accelerating market of Hervey Bay. Driven by steady population growth, expanding investment into infrastructure and a thriving tourism economy, Hervey Bay is projected to grow at a rate of 1% per annum until 2041. Hervey Bay will continue to stand out as one of Queenslands most attractive and sustainable growth markets.
For more information, please contact Denis Pointing 0401 449 143 at Urban Edge for further information.
*Approximation
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 3,698 properties. Over the last 5 years, Houses in Torquay have seen a 92.60% increase in median value, while Units have seen a 112.80% increase. As at 31 March 2026:
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