1/21 Baines CrescentTorquay VIC 3228
Property Details for 1/21 Baines Cres, Torquay
Last Listing description (June 2014)
MODERN INDUSTRIAL INVESTMENT
Located in the established central industrial/service precinct of Torquay is this quality office/workshop of approx. 314 square metres including high standard office and showroom areas and a full mezzanine level of approximately 132 square metres. Occupying a site of 407 square metres, the property is subject to a 3 year lease from September 2011 with two further terms of 3 years. Current rental is $25,578 pa plus GST and outgoings. Market review due in September 2014. Paved driveway and car parking areas are available to the front of the building. Contact the agent for an inspection.
Property History for 1/21 Baines Cres, Torquay, VIC 3228
- 02 Dec 2025Transferred
- 07 Nov 2019Sold for $700,000
- 21 May 2014Sold for $460,000
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0About Torquay 3228
The size of Torquay is approximately 34.5 square kilometres. It has 24 parks covering nearly 13.6% of total area. The population of Torquay in 2016 was 13258 people. By 2021 the population was 18534 showing a population growth of 39.8% in the area during that time. The predominant age group in Torquay is 40-49 years. Households in Torquay are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Torquay work in a professional occupation.In 2021, 75.70% of the homes in Torquay were owner-occupied compared with 73.40% in 2016.
Torquay has 11,421 properties. Over the last 5 years, Houses in Torquay have seen a 13.16% increase in median value, while Units have seen a 19.05% increase. As at 31 March 2026:
- The median value for Houses in Torquay is $1,276,365 while the median value for Units is $907,769.
- Houses have a median rent of $750 while Units have a median rent of $650.
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