10/13-15 Ann Street, Torquay QLD 4655
10/13-15 Ann Street, Torquay QLD 4655
2-bed beachside unit | Resort pool & gardens | 200m to Esplanade | Compact 56m² | Lock-and-leave coastal living
This is a competitively positioned unit for buyers seeking a low-maintenance coastal base rather than a large family house. Its genuine strength lies in the combination of a 200-metre walk to the beach, resort-style shared amenities, and a freshly updated interior with air conditioning in both the main bedroom and living area. The compact footprint is typical of older beachside apartments, but the presentation and furnishing lift it above standard rental stock. It serves downsizers, interstate buyers wanting a lock-and-leave holiday property, and investors targeting lifestyle-driven rental demand in Torquay’s walkable beach pocket.
The main value considerations centre on the small internal area and the shared nature of the complex. A 56m² floor plan may limit appeal for permanent owner-occupiers seeking space, while reliance on communal laundry and BBQ facilities could affect privacy expectations. The rental yield signals are moderate, though furnished status and beach proximity might support stronger short-stay returns if that leasing model is permitted. The lack of confirmed settled sales nearby means pricing should be approached with some flexibility, but the property’s condition and location provide a solid baseline for negotiation.
|| Comparable Sales: Limited direct sales data; nearby units in similar coastal complexes have transacted in the high-$400k range | Property Price Band: $450k–$550k | Value Drivers: Beach proximity, updated presentation, resort-style amenities
Detailed Independent Property Report prepared by PropCred Analyst team for 10/13-15 Ann Street, Torquay QLD 4655
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Torquay, positioned within the Hervey Bay region, is attracting older, childless couples—many owning outright—drawn to esplanade and coastal streets. House medians span roughly $671,000 to $745,000, with growth between 12.6% and 17.6% over the past year. Units have posted sharper gains, with two sources citing annual growth above 30%, though another records just 8.1%, reflecting data variability. Transaction volumes are thin: only 106–123 house sales in the past year, and days on market range from 21 to 75. Rental demand underpins the market: house rents sit around $570–$620 weekly with gross yields near 4%–4.4%; units yield up to 4.9%. Future growth depends on continuing lifestyle migration and already-tight supply. The main constraints are low turnover, price-point skew across modest and premium stock, and local household incomes sitting below the regional Queensland average, which could limit further affordability-driven upside.
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PropCred Estimated Value
Comparable Sales: Limited direct sales data; nearby units in similar coastal complexes have transacted in the high-$400k range | Property Price Band: $450k–$550k | Value Drivers: Beach proximity, updated presentation, resort-style amenities
Bedrooms
2
Bathroom
1
Parking
1
Land
1.08 acres
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