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3 Zeally Bay Road, Torquay$2.50m
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3 Zeally Bay Road

Torquay, VIC 3228, Australia
$2.45m – $2.55m
807 m²

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About this property

Rarely does a property like 3 Zeally Bay Road come along. Perfectly positioned opposite Taylor Park and just steps from Torquay's Esplanade and Gilbert Street shopping and business precinct, this is your opportunity to secure a truly prime location. Set on an impressive 807m² (approx.), this Commercial 1-zoned landholding offers endless potential and versatility. The site lends itself perfectly to a range of possibilities from medical or allied health, consulting rooms, and offices to a mixed-use residential development (STCA) all benefiting from high exposure, steady foot traffic, and generous off-street parking. Opportunities of this calibre in iconic Old Torquay are few and far between. Seize the moment and make your mark enquire today!

Property Details

Property Type
land
Listing Type
For Sale
Land Area
807 m²
Listed
3 months ago

Repayment calculator

$12,120/month
$6,060 /fortnight
Loan $2,000,000 at 6.10% over 30 years

Upfront costs

Deposit$500,000
Stamp duty$142,500
Conveyancing (est.)$2,000
Total upfront$644,500
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Torquay

This land in Torquay, VIC 3228 sits within reach of public transport, local shops and nearby schools. It is listed 92% above the $1.30m median of 68 comparable landswithin 5 km.

Schools near Torquay

  • Lisieux Catholic Primary Schoolprimary · Prep-6 · CoEd
  • St Therese Schoolprimary · Prep-6 · CoEd
  • Torquay Coast Primary Schoolprimary · Prep-6 · CoEd
  • Torquay P-6 Collegeprimary · Prep-6 · CoEd
  • Surf Coast Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Unnamed (bus)944 m away
  • Lochard Drive Convenience Store1.6 km away
  • Deep Creek Nature Reserve1.3 km away
  • Unnamed2.0 km away
  • Hilltop Reserve2.2 km away

Torquay at a glance

Full suburb profile
Population
18,534
Median age
39
Household income
$2,295/wk
Median rent
$500/wk
Median mortgage
$2,167/mo

Source: ABS Census.

Due diligence

Property Report

Flood Risk

Complete
Low flood risk

None

Low

Medium

High

Flood zone

Land Subject to Inundation Overlay (LSIO)

Torquay is a coastal town in the Barwon catchment with low to moderate flood risk, primarily associated with the Barwon River and Spring Creek. Parts of the town are mapped under the LSIO, though many elevated areas fall outside the defined flood overlay. Historical flooding has been relatively minor compared to major Victorian waterways.

Planning controls

  • Compliance with Victoria's Land Subject to Inundation Overlay (LSIO) for identified flood-prone areas
  • Consideration of the Barwon River and Spring Creek as key local waterways with flood study coverage
  • Requirements for floor levels and building design in affected areas under the VIC Building Code and Planning Scheme
  • Mandatory flood risk assessment for development in mapped LSIO areas
Source: StMate AI — VIC flood overlays06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Torquay price trend

Median sold · House 4 bed

Compound growth -2.0% / yr over 4 yrs

$1.26mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Torquay market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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Within 5km

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