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5/84 The Esplanade, Torquay$719,500
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For Saleapartment

5/84 The Esplanade

Torquay, VIC 3228, Australia
$699,000 – $740,000
2 bed 1 bath 1 car45 m²

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About this property

It is incredibly rare to find a property at this price point so close to the ocean in Torquay. If you have been waiting for the perfect, affordable entry into the highly sought after Esplanade market, this is it. This dual-level townhouse is a true diamond, offering an amazing opportunity to renovate, add serious value, and make it completely your own. Whether you're an investor looking for a high yield location, or a buyer ready to design a bespoke weekender, this property is priced to sell and packed with potential. The Ultimate Coastal Lifestyle Imagine waking up to the sound of waves crashing just across the sand dunes. Step straight out your front door and across the road to Fisherman's Beach, a short easy walk to Taylor Park, the vibrant Gilbert Street shops, cafes, breweries, and eateries. Everything you need is right at your doorstep. Fantastic Bones & Flexible Living The existing floorplan offers the perfect foundation for your coastal transformation: Downstairs: Features an open-plan kitchen, dining, and living space, complemented by a bedroom with a built-in robe, and a combined bathroom/laundry with a separate WC. Upstairs: This level holds incredible, untapped potential. It boasts a multi-purpose room (currently configured as a combined living/bedroom space), a convenient kitchenette, a separate WC, and a private balcony serving up delightful ocean glimpses.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
45 m²
Listed
3 months ago

Repayment calculator

$3,488/month
$1,744 /fortnight
Loan $575,600 at 6.10% over 30 years

Upfront costs

Deposit$143,900
Stamp duty$38,240
Conveyancing (est.)$2,000
Total upfront$184,140
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 2-bedroom apartment in Torquay, VIC 3228 sits within reach of public transport, local shops and nearby schools. It is listed 49% below the $1.40m median of 68 comparable apartmentswithin 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)236 m away
  • Lochard Drive Convenience Store885 m away
  • Deep Creek Nature Reserve656 m away
  • Unnamed1.4 km away
  • Unnamed1.5 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.

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Suburb market

Suburb price trend

Torquay price trend

Median sold · Unit 2 bed

Compound growth -2.0% / yr over 4 yrs

$730kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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