Auction Location: 6 Cowrie Road, Torquay
AUCTION: Saturday 19th March 2022 at 12pm - Onsite
LOT 1 899m2, LOT 2, 728m2 & LOT 3, - 609m2
Opportunities to purchase this size parcel of vacant land in such a premier position often only present once in a lifetime. These three separately titled vacant lots are situated one street back from Torquay's renowned 'The Esplanade' address and Fisherman's Beach. This is a highly sought-after location in Old Torquay only minutes' walk from the lively town centre, vibrant cafes & restaurants, and local specialty shops. All three allotments have the availability to all services including electricity, gas, sewerage, and town water with Lot 3 allowing the possibility of a build with potential ocean views. Street frontage on all allotments range from 17m-20m permitting maximum building potential for your dream home or development. For further information call us today.
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:
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