31 Grandview RoadTorquay VIC 3228
Property Details for 31 Grandview Rd, Torquay
31 Grandview Rd, Torquay is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 597m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Torquay in the last 12 months.
Last Listing description (November 2025)
A rare and exciting opportunity awaits at 31 Grandview Road. Set on a generous allotment, this property features a two-bedroom home paired with ample shedding, making it ideal for homeowners, investors, or developers looking to capitalise in a prime location.
Whether you choose to renovate, rebuild, or redevelop (STCA), the possibilities here are truly promising. With the potential to build up and capture stunning ocean views, along with a wide frontage and good-sized flat block, the property offers flexibility and scope for future growth.
With a current tenancy in place secure a guaranteed rental income whilst designing you're dream home.
With some enviable Architect designed homes in the street the capital uplift will be immeasurable...
Do not miss this unique opportunity-properties like this are tightly held and rarely come to market.
Property History for 31 Grandview Rd, Torquay, VIC 3228
- 08 Oct 2025Sold for $1,090,000
- 13 Jun 2025Listed for Sale $1,250,000 - $1,350,000
- 23 Mar 2018Listed for Rent - Price not available
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About 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 11,419 properties. Over the last 5 years, Houses in Torquay have seen a 20.95% increase in median value, while Units have seen a 26.98% increase. As at 28 February 2026:
- The median value for Houses in Torquay is $1,302,024 while the median value for Units is $926,878.
- Houses have a median rent of $743 while Units have a median rent of $645.
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