Torquay Suburb Profile, VIC, 3228 (Pricing & Investment Data)

Torquay Suburb Profile
Victoria 3228

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Torquay has 11,335 properties. Over the last 5 years, Houses in Torquay have seen a 34.42% increase in median value, while Units have seen a 47.76% increase. As at 31 October 2025:

  • The median value for Houses in Torquay is $1,257,670 while the median value for Units is $911,644.
  • Houses have a median rent of $730 while Units have a median rent of $620.
There are currently 14 properties listed for sale, and 1 property listed for rent in Torquay on OnTheHouse. According to Cotality's data, 511 properties were sold in the past 12 months in Torquay.

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.

Suburb Insights for TORQUAY 3228

Market Insights
Torquay Trends for Houses
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Torquay Trends for Units
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Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age

Population 18534

0-9

 

15%

10-19

 

13%

20-29

 

9%

30-39

 

14%

40-49

 

16%

50-59

 

12%

60-69

 

11%

70-79

 

8%

80-89

 

3%

90-99

 

1%

Household Structure
Occupancy

Recent Sales in TORQUAY 3228

Properties for sale in TORQUAY 3228

Properties for rent in TORQUAY 3228

Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Last Updated: 05/12/2025

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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