5A Ocean View Cres, Torquay VIC 3228
5A Ocean View Cres, Torquay VIC 3228
3-bedroom, 2-bathroom townhouse on 354m² with 2 car spaces, 350m² building size, and 99% building coverage. Built circa 2015–2019. FTTP NBN and 5G coverage.
This townhouse offers a rare configuration in Torquay: a near-maximum building footprint on a compact lot, delivering substantial internal space with minimal outdoor upkeep. The high coverage ratio, while unusual for the suburb, is a deliberate design choice that prioritises living area over garden—ideal for coastal retirees or holiday investors seeking a low-maintenance base near the golf club and beach. Positioned within a mature, high-density subdivision, the property serves a mid-market buyer profile, balancing proximity to amenities with a smaller land component than typical detached homes. Its competitive edge lies in the efficient use of space and the convenience of a walkable location, making it a practical entry point for those wanting coastal living without the premium of a full house.
The 99% building coverage may materially affect the property’s value by limiting private outdoor space, a factor that could narrow buyer appeal to those who prioritise interior volume over yard access. While the estimated rental yield of approximately 3.5% suggests reasonable income potential, the high density might reduce privacy compared to detached homes, influencing long-term capital growth. Buyers should weigh these constraints against the property’s proximity to key amenities and the strong demand from holiday renters. The absence of confirmed views, despite the street name, is a point to verify, as it could influence perceived value in a coastal market where aspect often commands a premium.
Detailed Independent Property Report prepared by PropCred Analyst team for 5A Ocean View Cres, Torquay VIC 3228
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Torquay’s property market presents a clear divergence, with houses demonstrating stable demand and moderate growth, while the unit segment faces recent price adjustments. Demand is anchored by established homeowners and coastal lifestyle seekers, supported by consistent sales activity. The market operates at a measured pace, with houses transacting more readily than units. Future growth is underpinned by sustained appeal as a coastal destination, though affordability pressures and sensitivity to broader economic conditions remain inherent constraints.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
354m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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