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

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 4133m2
Land area: 4133m2
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Property Details for 432 Esplanade, Torquay

Building Type
Commercial
Floor Size
4133m2
Land Size
4133m2
Local Government
Fraser Coast Regional
Lot/Plan
1/RP160837

Last Listing description (June 2020)

Massive 4,133 sqm corner site (Fraser Street) with 3 street frontages
Currently 9 well established retail shops including restaurants, caf, barber shop, menswear and others
Situated in the heart of the Hervey Bay tourism precinct.

Renewed approval for 8 storey signature development comprising ground floor retails shops, 36 apartments and 105 hotel/motel suites
Hervey Bay is located a comfortable three and a half hours drive or a 45 minute flight north of Brisbane.
Hervey Bay/Fraser Coast Region: whale watching capital of the world and one of Queenslands
fastest growing areas with forecast population growth of 38% to 144,835 by 2036
Fabulous opportunity to hold & develop later with current approval to 2022 or development ready now
Net Income $171,121 p.a. (plus GST) (fully leased)

For sale via 'Offers to Purchase'

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Property History for 432 Esplanade, Torquay, QLD 4655

A timeline of how this property has performed in the market
Last Sold
$2,850,000
01 Apr 2021
  • 01 Apr 2021
    Sold for $2,850,000
  • 18 Nov 2019
    Listed for Sale Price on Request
  • 28 Oct 2011
    Sold for $2,005,000
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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 3,661 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 32 properties listed for sale, and 24 properties listed for rent in Torquay on OnTheHouse. According to Cotality's data, 181 properties were sold in the past 12 months in Torquay.

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