OFFERS REQUIRED BY 14 MARCH 2019
Here is your opportunity for you to secure a home on 1011sqm (approx) of land in Old Torquay . Offering potential on many levels, the home and substantial site provides a myriad of opportunities. The choice is yours; either renovate the existing home, redevelop for multiple dwellings or build your new home on site (STCA). The exposure available to the property can also be fully exploited for those who are looking for it and there are many permitted uses to explore under the planning scheme with a strong medical precedent already in place in the precinct. Within easy walking distance to the Torquay town centre, surf city precinct, cafes and beaches, 80 Geelong Road offers an opportunity that you will want to take advantage of.
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 11,337 properties. Over the last 5 years, Houses in Torquay have seen a 30.56% increase in median value, while Units have seen a 42.65% increase. As at 30 November 2025:
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