13 Riverside Drive, Torquay VIC 3228
13 Riverside Drive, Torquay VIC 3228
Beachside Torquay pocket | walkable to Whites Beach and coastal trails | quiet established street | mix of houses and townhouses | lifestyle-led buyer demand
This property is positioned in a beachside pocket of Torquay where detached houses form the largest share of stock but well-sited townhouses and units are also found. The street is quiet and established, with direct access to Whites Beach, Fishos Beach, the Esplanade, and coastal walking trails. That location is a genuine lifestyle advantage, not a generic suburban setting. For a buyer seeking a low-maintenance coastal home, a part-time holiday base, or a lock-and-leave residence, this type of property is likely to hold strong appeal. It is best suited to owner-occupiers who value immediate access to open coast and recreational amenity over maximum internal floor area. The varied housing mix on the street means the property should be judged on its own orientation, layout, and outdoor space rather than on a single product type.
Value may be influenced by land size and boundary shape, which determine scope for extension or redevelopment. A north-facing courtyard or private outdoor area would add meaningful support, while a compact or split-level layout might limit buyer appeal. Coastal exposure and the possible presence of a bushfire overlay could affect insurance costs and lending requirements, though that is not unusual for Torquay. Presentation and condition should be weighed against the cost of immediate upgrades.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Riverside Drive, Torquay VIC 3228
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Torquay VIC 3228 is a coastal market with a median house price of $1.21m (0.41% annual growth) or $1.30m by February 2026; units are at $799k with -6.55% annual growth, or $926,878 on that later basis. Five-year gains are 20.95% for houses and 26.98% for units, while houses spend 55-68 days on market. Gross yields are thin: 3.1% for houses, 3.9% for units at the top end. With 11,420 properties and an average resident age of 41, demand skews toward established owner-occupiers and investors, but negative unit growth and low yields indicate rate sensitivity and affordability pressure. Annual sales range from 310 to 527 properties, implying moderate turnover.
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PropCred Estimated Value
Comparable Sales: 2H Riverside Drive (2-bed unit) sold at $645k in 2018 | Property Price Band: $1.2M-$1.3M | Value Drivers: location within walking distance of beach, street appeal, outdoor living potential
Bedrooms
3
Bathroom
1
Parking
2
Land
623m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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