Back 1 & 2/40 Fischer Street
Off Market

1 & 2/40 Fischer Street

Torquay VIC 3228

744 m²
Land
Last sold for $875,000
Jim CrossJim Cross, last sold this property on 30 January 2026 after 45 days on market.

Overview

Lot 2 Sold, Lot 1 Available

Lot 1: SOLD Lot 2: SOLD Perfectly positioned on a generous 744m² (approx.) corner allotment with frontage to both Central Avenue and Fischer Street, this exceptional opportunity is located in the highly sought-after heart of Old Torquay. Comprising two lots on separate titles, the site presents multiple future pathways for owner-occupiers, developers, or astute investors alike (STCA). Just 300m (approx.) from Fisherman's Beach and Taylor Park, and only a short, flat stroll to Torquay's vibrant café, restaurant, and shopping precinct, the location delivers an enviable coastal lifestyle with strong long-term appeal. Opportunities of this calibre in Old Torquay are exceptionally rare-secure a prime piece of the coast, watch your investment grow or add value by constructing two stand-alone dwellings or build your dream home on both allotments. Lots 1 and 2 are available for purchase individually or together, offering flexibility to suit a range of buyers and future plans (STCA). The following works have been completed on site: - Water tapping completed (x2) - Sewer connections on site (x2) - Stormwater discharge points connected - Power pits installed in the nature strip - One power point connected - SPI Report completed - Site cut completed - Engineering plans completed

Features

744 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Torquay over the last 12 months, the estimated median property value of 1 & 2/40 Fischer Street is $625k.

Median value
$625k
Estimated value range
$525k - $875k
Median days on market
47
Estimated value trend
1%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Torquay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 & 2/40 Fischer Street

2026
Sold
$875,000
30 Jan 2026 by Jim Cross, of McGrath Geelong | Newtown Estate Agents

Happy sellers in Torquay

81%
81% of sellers in Torquay reported that their sale price either exceeded or met their price expectations.

Torquay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 71 reviews in Torquay over the last 12 months.

Local market activity for land plots in Torquay

In the last 12 months, 13 land plots similar to 1 & 2/40 Fischer Street, have been sold.

This represents a 55% decrease in land plots sales when compared to the previous 12 months.

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