5/38 Tavistock Street, Torquay QLD 4655

3-bedroom townhouse with strong Torquay growth | dual parking a rare advantage | appeals to both renters and owner-occupiers The property’s configuration as a three-bedroom, two-bathroom townhouse with two car spaces is competitively strong for Torquay, where such features are in short supply. The significant value increase since 2020 signals sustained market momentum, positioning this unit well for buyers seeking both rental yield and capital stability. It best serves owner-occupiers wanting space without land maintenance or investors targeting the mid-range rental demographic. The main risk lies in the lack of recent sales evidence at the upper valuation range, meaning the asking price may reflect peak conditions rather than settled value. No current listing suggests limited urgency from the owner, which could work in a buyer’s favour if approached off-market. The opportunity is to negotiate from a position of knowledge, using the 2020 baseline and general market growth as a reference point rather than accepting the highest valuation.