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Surf Coast Shire

Torquay

Torquay Property Market
& Suburb Profile

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MEDIAN PRICES IN TORQUAY

Median house price

(all agencies, last 12 months)$1.2m*

House price change

(all agencies, last 12 months)-1.26%

Median unit price

(all agencies, last 12 months)$855k*

Unit price change

(all agencies, last 12 months)-12.76%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

TORQUAY price TRACKER

HousesUnits

Torquay sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)69

Average days on market (units)

(all agencies, 12 months)86

Average held period in Torquay

(proptrack)11 years

Torquay Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$746pw

House rental price change

(all agencies, last 12 months)0.08%

Median rental price for Units

(all agencies, last 12 months)$564pw

Unit rental price change

(all agencies, last 12 months)0.06%

Average rental yield for Houses

(all agencies, last 12 months)3.26%

Average rental yield for Units

(all agencies, last 12 months)3.35%

Torquay total population size

(as at the last census)18,534

Median household size in Torquay

(as at the last census)2.7

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Torquay property types

  • Houses 61%
  • Units 6%
  • Other 33%

OCCUPANCY in Torquay

  • Owned 76%
  • Rented 21%
  • Other/Not Stated 3%
  • Singles 19%
  • Families 78%
  • Other 3%

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About Torquay

Torquay is the dynamic, internationally renowned coastal hub that serves as the official eastern gateway to the spectacular Great Ocean Road. Located a mere 21 km south of Geelong and 104 km southwest of Melbourne, Torquay offers an unparalleled blend of vibrant Surf Coast culture, world-class beaches, and premium modern living facing the Bass Strait.

This thriving destination is much more than just a summer hotspot; it’s a year-round paradise. While the population swells dramatically between January and February, creating a bustling, energetic atmosphere, Torquay maintains a welcoming and active community spirit through all seasons. Rooted in history, the area was originally known as Spring Creek before being named Torquay in 1892. It is situated on Wadawurrung country, part of the Kulin nation, lending the town deep cultural significance.

As the global home of surf culture, Torquay proudly hosts the headquarters of iconic brands like Rip Curl and Quiksilver. These world-famous companies anchor the Surf Coast Plaza, providing exceptional retail and dining, alongside the must-see Surf World Museum. Beyond the major outlets, you will find an extensive range of unique retail stores, thriving restaurants, and popular cafes, including the origin of the beloved local brand, Ghanda clothing.

The Torquay real estate market has seen significant and sustained development, evolving from the original townsite to the popular Jan Juc area and new family-focused estates north of the highway. The town offers diverse housing, from stunning beachfront properties to modern, family-friendly neighbourhoods, cementing its status as a highly sought-after location for investment and lifestyle.

Torquay's reputation is built on its extraordinary coastline. The area is famous for its powerful surf beaches, including the internationally celebrated Bells Beach and Jan Juc on the town's southwest outskirts, as well as the more tranquil Point Impossible Beach and Southside Beach. For recreation beyond the waves, residents enjoy an abundance of green spaces and dedicated sports facilities, including the Torquay Sands Gold Course and the extensive Surf Coast Walk, where you can stroll along sandy beaches beneath towering cliffs and take in fine coastal views. Snorkelling around the Point Danger Marine Sanctuary provides a magical way to explore the area's rich underwater diversity.

With top-rated schools nearby and excellent connection via major highways to Geelong and Melbourne, Torquay offers the complete package: world-class coastal living with exceptional modern convenience.

Education

Lisieux Catholic Primary School
St Therese School
Surf Coast Secondary College
Torquay Coast Primary School
Torquay P-6 College
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Torquay MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025410$1,017,500-1.26%364$655pw3.30%
2024380$1,101,250-5.20%441$623pw3.06%
2023309$1,091,250-7.41%472$600pw2.90%
2022345$1,165,00012.41%422$572pw2.66%
2021430$1,030,50041.29%368$552pw2.50%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025410$1,017,500-1.26%
2024380$1,101,250-5.20%
2023309$1,091,250-7.41%
2022345$1,165,000+12.41%
2021430$1,030,500+41.29%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025364$655pw3.30%
2024441$623pw3.06%
2023472$600pw2.90%
2022422$572pw2.66%
2021368$552pw2.50%

PROUDLY SERVICING Torquay

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.