Torquay Property Market Overview

Torquay, a coastal town famed for its beaches, cafes, and relaxed lifestyle, remains a sought-after destination for homebuyers and investors. The current market features 477 active listings, offering a range of homes from modern coastal apartments to family-friendly houses near the Esplanade. With the median price at $1,030,892, buyers can expect a competitive market that rewards timely decisions and solid financing. Sellers benefit from strong demand in popular neighborhoods near Torquay’s waterfront, golf courses, and natural reserves. Whether you’re relocating for the lifestyle, upgrading to more space, or pursuing a smart rental asset, understanding current pricing, inventory levels, and market dynamics will help you navigate transactions with confidence.

Torquay Real Estate — Key Facts

  • Active listings: 595
  • Median price: $899,887
  • For sale: 581
  • For rent: 4
  • Price range: $1 – $9,500,000
  • Active agents: 125
  • Property types: Acreage / Semi-rural, Apartment, Apartment / Unit / Flat, Chalet, Cottage
  • Country: Australia

Market Snapshot

595
Active Listings
$899,887
Median Price
581
For Sale
4
For Rent

Torquay Real Estate Market Overview

Torquay’s market shows steady demand against a moderate inventory level of 477 active listings. The median price stands at $1,030,892, reflecting balance between affordability for coastal living and premium property values in sought-after streets. Curb appeal, proximity to beaches, and access to amenities continue to drive activity, while favorable financing and steady buyer interest support price stability. For buyers, act quickly on viable listings; for sellers, presentation and pricing aligned with current market data can maximize outcomes.

Latest Properties in Torquay

Frequently Asked Questions

There are 477 active listings in Torquay. This level indicates healthy inventory for buyers while maintaining competition for desirable properties.

The median price is $1,030,892. This figure helps gauge overall value and price positioning across different neighborhoods.

Torquay offers a mix of coastal apartments, family homes, and holiday-style properties. Proximity to beaches, cafes, and services influences demand and pricing.

In a market with 477 listings and a $1,030,892 median, act quickly on strong opportunities, obtain pre-approval, and price competitively. Working with a local agent can help tailor strategies to each listing.

Yes. Torquay’s lifestyle appeal, steady demand for coastal homes, and consistent price benchmarks support long-term value for both owner-occupiers and investors.

Real Estate Terms — Torquay Buyers Should Know

MLS (Multiple Listing Service)
A database used by real estate brokers to share active property listings. Listings on Mirror Real Estate that include an MLS number are sourced from a regional MLS feed.
Median price
The middle price point in a city's active listings. Half the listings are priced above, half below. More representative than the average because it isn't skewed by a few very expensive or very cheap properties.
Days on market (DOM)
The number of days a property has been actively listed for sale. A low DOM typically indicates strong demand; a high DOM may indicate overpricing or weaker demand.
Price per square foot
Listing price divided by interior square footage. Useful for comparing properties of different sizes in the same neighborhood, though it ignores lot size, finish quality, and condition.
Active listing
A property currently for sale or rent and visible to buyers. On Mirror Real Estate, active listings exclude expired, withdrawn, sold, and rented properties.
New construction
A home that has been built recently and not previously occupied, or one being sold by the original builder. Often includes builder warranties and customization options.
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