5/40 The Esplanade Torquay VIC 3228
Property Details for 5/40 The Esplanade, Torquay
5/40 The Esplanade, Torquay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 628m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Last Listing description (August 2017)
Exclusively positioned on Torquay's tightly held Esplanade, this striking beach front penthouse apartment enjoys spanning foreshore and ocean views from both levels. Perfectly placed to capture a desirable and leisure driven lifestyle in the heart of town. It reveals a contemporary and highly functional layout with the living area spilling out onto the balcony on the first level, two bedrooms both with built in robes, family bathroom, European laundry and the sizeable master bedroom on the upstairs level has extensive wardrobe space, a deluxe ensuite and also opens to a private balcony. Windows on the north side of the living area allow for loads of natural light. Secure underground garage parking for two cars. A one of a kind property offering an outstanding opportunity.
Leigh Hall-Sullivan : 0413 158 175
Property History for 5/40 The Esplanade, Torquay, VIC 3228
- 27 Feb 2017Sold for $1,530,000
- 10 Feb 2017Listed for Sale Contact Agent
- 13 Sep 2014Sold for $1,290,000
Recent sales nearby
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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 11,422 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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