The beaches are horrible, the weather is shocking, you can’t get a decent bite to eat anywhere, it’s miles away from any major city… so why move to Torquay?
Torquay, UK, that is.
Torquay, VIC, couldn’t be any more different. Golden white sands, long, warm summers and mild-ish winters, a flourishing restaurant and café scene and less than 30 minutes’ drive to a major city – that’s the Torquay we’re talking about.
At Natural Real Estate, we’re naturally a bit biased because we live here, but we reckon Torquay is one of Victoria’s best places to live and invest in. That’s why we’re going to hand you the facts on why moving to Torquay has a lot of advantages:
Property is affordable, with room for growth
It’s no secret that in ‘rural’ Victoria (if you can call Torquay rural), you get much more bang for your buck when it comes to property. The median home price in Torquay is sitting at around $1.2mil, which is significantly less than Melbourne’s seaside suburbs like Brighton ($3.15mil), Elwood ($2.15mil) and St Kilda West ($2.5mil).
Not only does this make entering the property market more affordable in Torquay, but it also means that there’s plenty of room for growth. Torquay’s population has more than doubled over the past 20 years, growing from 8000 in 2001 to 18,000 in 2021 – and there’s no signs of it slowing down as millennials are experiencing a capital city exodus for more affordable housing.
Versatile property investment
Moving to Torquay opens up your options for both living and property investing. Buying a house simply to live here gives you an opportunity for capital gains in itself, but with the booming tourism industry in Torquay, many homeowners choose to build self-contained flats for Airbnb, or rent out their home for some time during peak season, giving them an additional stream of income.
Torquay’s famous surf brand district
25 minutes to Geelong
When you move to our proud seaside town, you’re not moving out the back of Bourke; you’re located a 25-minute drive to the major city of Geelong with its educational institutions, healthcare facilities and other services. Melbourne is just an hour and a half away.
Best beaches in Victoria
And let’s not forget what Torquay is known for all over the world: our pristine beaches with golden sands and crystal clear water. And is home to the Rip Curl Pro Bells Beach surfing competition. Whether you’re an avid swimmer or surfer, or simply love an ocean view, Torquay’s beaches are hands-down the best in Victoria.
Once your heart is set on packing up and moving to Torquay, it’s time to get in touch with our city’s top team of real estate agents: Natural Real Estate! We’re an award-winning team of agents who know Torquay and surrounds better than anyone. Our drive isn’t just to buy and sell property; it’s to improve the lives of our locals and help them realise their dreams. Get in touch with Natural Real Estate to get started today.