Mortgage Broker Torquay

Torquay is a seaside resort in Victoria, which faces Bass Strait, 21 km south of Geelong and is the gateway to the Great Ocean Road. The Torquay area is famous for its surf beaches and has a population of roughly 20,000.

 

Buying a property in Torquay? We can help secure you the right finance

The Median house sale price range is $1,210,000 with a 50% increase in the last 4 years (March 2020-March 2024), the corresponding previous 4 years showed a 27% rise.

Real estate investors could earn a rental income of $650 based on current median home prices for the suburb, reflecting a 2.75% increase in returns based on the current median price in TORQUAY.

TORQUAY, 3228 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median unit price rise to $870,000.

Profits due to an upward trend in home prices in TORQUAY, 3228 averaged 11.98% per annum over a 3-year period.

This number can mean, real estate investors could earn a rental income of $565 based on current median unit prices for the suburb.

The gross rental yield in TORQUAY, 3228 is 3.38%.

*As at 24/7/2024 (Data sourced from Realestate.com.au/Core Logic & Smart Property Investment)

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The right home loan for your needs

Our mission is to find the right home loan for your individual needs and always have your best interests at heart. Plain and simple. Which is why we have such a wide range of lenders to choose from. We can search through hundreds of products to find something tailored to your situation.

 

Contact Michael Cullinan and the team at Mortgage Choice on 0447 528 116 or email michael.cullinan@mortgagechoice.com.au