7 Bright Street, Torquay VIC 3228
This property is Off Market
- The Average property price in this area is $1,499,388, this is based on recent transactions.
- Distance to the coast 2.06 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Torquay
With an average age of 32, households expect an average monthly mortgage payment of $2,275 or a weekly rent payment of $550. The average family earns a weekly income of $2,869 with a typical household size of 2.8 and a 98.71% employment rate.
Consistent high demand relative to supply is a key feature in Torquay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Torquay ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Torquay classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Torquay requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Public Transport
Marshall
Port Phillip Ferries (Portarlington-Docklands)
Waurn Ponds
Port Phillip Ferries (Geelong-Docklands)
Geelong
Queenscliff - Sorrento Ferry
South Geelong
North Shore
Winchelsea
General Points of Interest
The Dunes Village
Torquay Golf Club
Torquay Cricket and Football Club
Torquay Bowls Club
Surf Coast Sport & Recreation Centre
Armstrong Creek Town Centre
The Village Warralily
Torquay Sands Golf Club
Surf Coast Strawberry Fields
Anzac War Memorial
Population
(Country of Birth not stated 2%)
Are people healthy?
There are a recorded 2398 asthma sufferers and 601 people living with diabetes. In addition, 845 people have a heart/vascular condition and 1628 people live with three or more chronic diseases.A good place to invest in property?
Torquay a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
64 / 100
52 / 100
Industry
28 / 100
17 / 100
Population
62 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
48 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsSurf Coast Secondary College Torquay Coast Primary School
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Surf Coast Secondary College
Torquay, VIC, 3228 State 7-12 -
Armstrong Creek School
Armstrong Creek, VIC, 3217 State U, Prep-6 -
Bellbrae Primary School
Bellbrae, VIC, 3228 State Prep-6 -
Lisieux Catholic Primary School
Torquay, VIC, 3228 Independent Prep-6 -
Torquay Coast Primary School
Torquay, VIC, 3228 State Prep-6 -
St Therese School
Torquay, VIC, 3228 Independent Prep-6 -
Torquay P-6 College
Torquay, VIC, 3228 State Prep-6
Property Story
7 Bright Street, Torquay, Vic, 3228 is a residential property . The estimated distance to the sea is 2.06km and at least 1.84KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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