405 Esplanade, Torquay, QLD 4655 | Property Value & History | OnTheHouse
 
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405 Esplanade
Torquay QLD 4655

Bedrooms: 12
Bathrooms: 6
Car spaces: 9
Land area: 2023m2
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Last updated 19 Jan 2026
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Property Details for 405 Esplanade, Torquay

405 Esplanade, Torquay is a 12 bedroom, 6 bathroom Unit with 9 parking spaces. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Land Size
2023m2
Local Government
Fraser Coast Regional
Lot/Plan
56/RP35211

Last Listing description (June 2023)

Coast Apartments is located on the Esplanade in the vibrant beachside suburb of Torquay. This fully refurbished complex is situated directly opposite beautiful sandy beaches and within walking distance to restaurants, cafes, and shopping. Adjacent you will find a family friendly park with BBQ's, covered seating areas and a play park for the kids all set within a beautiful parkland area.

The 6 apartments are all spacious and fully self-contained with security screens, air conditioning, WIFI, kitchen, lounge, dining, bathroom (2 toilets), internal laundry, private balcony, and their own undercover carport. There is easy and secure access to the complex via the Esplanade and sliding gates via Freshwater Street.
A blue-chip investment for the future, opportunities such as this are best described as rare.

Highlights Include:
- 2023m2 allotment with 2 street frontage
- Zoned "Residential Medium Density"
- 6 x 2-bedroom self-contained and fully renovated apartments
- Un-renovated house at the rear
- Under cover parking for cars and room for trailer and boat
- Lush, tropical setting, saltwater in ground pool
- Strata works in place and completed
- Development Permit has been granted from Fraser Coast Regional Council for a Multiple Dwelling
(additional 6 apartments where the house is located)
- Property memorandum available upon request

Representing a fantastic opportunity for investors and developers alike. An opportunity rarely available in Hervey Bay with an approved Development permit in place - Contact exclusive listing agent Kim Carter for more information.

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Property History for 405 Esplanade, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$3,200,000
12 Apr 2023
Listed for Rent
$2.25k/w
27 Jan 2022
  • 04 Jun 2023
    Listed for Sale Offers Over $2,950,000
  • 12 Apr 2023
    Sold for $3,200,000
  • 22 Dec 2022
    Listed for Sale Offers Over $2,950,000
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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 3,658 properties. Over the last 5 years, Houses in Torquay have seen a 94.68% increase in median value, while Units have seen a 124.01% increase. As at 31 December 2025:

  • The median value for Houses in Torquay is $755,756 while the median value for Units is $589,686.
  • Houses have a median rent of $565 while Units have a median rent of $500.
There are currently 29 properties listed for sale, and 20 properties listed for rent in Torquay on OnTheHouse. According to Cotality's data, 179 properties were sold in the past 12 months in Torquay.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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