Torquay QLD Property Investment

Torquay has compounded at 2.4%/yr over 5 years — a house that cost $713,824 in 2021 is worth $803,694 today. Properties are sitting on market for 35 days (roughly balanced conditions). At the same growth rate, today's median reaches $904,879 by 2031.

• Median house: $803,694 | Units: $599,433
• Gross yield: 3.8% | Net yield: 2.2%
• 5yr price CAGR: 2.4%/yr | 3yr forecast: 13.5%/yr
• Population: 6,533 | Owner-occupier rate: 70% | Affluence: Below Average

• Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

• Vacancy: 2.5% (stable) | Rental demand: Moderate
• Median weekly rent: $580/wk | Days on market: 35 (stable)
• Balanced market — vacancy manageable but monitor trend.

• Median nightly rate: $373/night | Occupancy: 44%
• Estimated annual STR gross: ~$59,864/yr
• vs long-term rent: $30,160/yr (+98% STR premium — factor in higher management costs)

• No major confirmed infrastructure projects on record.
• Transport: Howard station 30.6km away

If Torquay maintains 3%+ annual growth and vacancy stays below 1.8%, median prices could reach $924,248 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Torquay pull back 10-15% from $803,694, with vacancy rising to 4.5% and rental yields softening as tenants gain leverage.

• Distance from CBD may limit long-term capital growth potential
• - Flood risk: MODERATE (qld_elevation_proxy) — part of the suburb sits near waterways or in a mapped flood-prone area

• Brendale (QLD): $830,027 median, 3.8% yield, 16.2% 1yr growth
• Griffin (QLD): $960,000 median, 3.7% yield, 14.0% 1yr growth
• Strathpine (QLD): $981,415 median, 3.4% yield, 17.1% 1yr growth

Torquay offers balanced fundamentals but does not present an urgent buying signal. The market is in a recovery phase with moderate vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.2%.

• Entry range: $723,325 – $884,063
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.