1/272 Torquay Terrace, Torquay QLD 4655
1/272 Torquay Terrace, Torquay QLD 4655
Low-set unit | 2 bed 1 bath | Raked 3.6m ceilings | Private courtyard | Beach walk
The property is positioned as a competitively strong low-set unit within Torquay’s coastal strip. Its single-level brick form, raked 3.6-metre ceilings, and freshly painted interior are not commonly found in this age group, and the interior is given a lighter, more contemporary feel than standard stock. The private rear courtyard is complemented by included front garden maintenance, which is seen as a genuine advantage for downsizers and first-home buyers. Beach access is achieved with a short walk, and the location near school, shops, and dining is used to reinforce a lifestyle-led purchase. This unit is best suited to buyers seeking low-maintenance coastal living with a distinct character edge, rather than investors chasing maximum land component.
The compact 96m² footprint might be considered a constraint for families, but it is likely viewed favourably for low-maintenance living. Body corporate costs are seen as moderate, and the shared-title arrangement could be understood as limiting expansion scope. Sale price may be influenced by the internal condition and presentation, particularly the raked ceilings and updated fixtures. The private courtyard and included garden maintenance are viewed as ongoing value contributors, while the single-level form is considered appealing to downsizers. Overall, the price is likely shaped by how well the unit is presented relative to its modest floor size.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/272 Torquay Terrace, Torquay QLD 4655
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
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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: 13/272 Torquay Terrace sold for $600,000; similar unit on same street sold for $587,000 | Property Price Band: $500K–$600K | Value Drivers: condition, raked ceilings, beach access
Bedrooms
2
Bathroom
1
Parking
1
Land
204m²
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