Torquay is a mid-sized suburb in Queensland within the Fraser Coast local government area (postcode 4655). With a population of 6,533, the suburb has an older demographic with a median age of 55. Households earn a median income of $48K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Torquay is $620,000, having grown strongly 6.9% over the past year. Units have a median price of $442,000 (+3.9% YoY). The current median weekly rent is $490. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,299.
Torquay is served by 2 schools, including 2 primary. The average ICSEA score is 942, which is below the national average of 1,000. The crime rate in the Fraser Coast LGA is moderate at 5,445 incidents per 100,000 population.
From an investment perspective, Torquay offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($620K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +6.9% year-on-year.
Torquay is a mid-sized suburb in Queensland within the Fraser Coast local government area (postcode 4655). With a population of 6,533, the suburb has an older demographic with a median age of 55. Households earn a median income of $48K per year, with an average household size of 2.1 people. The most common occupations are community & personal service, professionals, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Torquay is $620,000, having grown strongly 6.9% over the past year. Units have a median price of $442,000 (+3.9% YoY). The current median weekly rent is $490. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,299.
Torquay is served by 2 schools, including 2 primary. The average ICSEA score is 942, which is below the national average of 1,000. The crime rate in the Fraser Coast LGA is moderate at 5,445 incidents per 100,000 population.
From an investment perspective, Torquay offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($620K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 13.0x is considered stretched. House prices have moved +6.9% year-on-year.