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Back 290 Torquay Terrace
Off Market

290 Torquay Terrace

Torquay QLD 4655

3
1
1
1012 m²
House
Last sold for $550,000
Eli WingerEli Winger, last sold this property on 20 August 2026 after 52 days on market.

Overview

Demolish, Develop or Capitalise - Prime 1,012m2; High Density, Beachside Opportunity

Positioned in one of Hervey Bay's most sought-after coastal precincts, 290 Torquay Terrace, Torquay presents a rare opportunity to secure a high-density residential allotment in an exceptional lifestyle location. Offering significant development potential alongside an existing character residence, this is a property that combines immediate functionality with outstanding long-term prospects. Whether you are a developer seeking your next project, an investor looking to secure a premium landholding, or a purchaser wishing to enjoy the existing home while planning for the future, this versatile offering provides exceptional flexibility in a tightly held beachside setting. Zoned High Density Residential, the property presents exciting redevelopment possibilities, subject to the necessary council approvals. As opportunities to acquire well-positioned development sites close to the coastline become increasingly limited, this represents a compelling investment in one of the Fraser Coast's most desirable growth corridors. Occupying the site is a charming residence, originally constructed circa 1950, offering comfortable accommodation with character and timeless appeal. The home provides immediate liveability and rental potential, while also presenting scope for renovation or refurbishment, allowing purchasers to maximise the property's value while considering future plans. Perfectly positioned to embrace the renowned Torquay lifestyle, the property is only a short stroll from the beach, the picturesque Esplanade and an excellent selection of cafés, restaurants and boutique retail. Major shopping centres, supermarkets, medical facilities, schools and public transport are all within close proximity, ensuring exceptional convenience for both residents and future occupants. Property Features • Prime High Density Residential zoned allotment offering exceptional redevelopment potential (STCA) • Rare opportunity to secure a premium development site in one of Hervey Bay's most sought-after coastal suburbs • Premium coastal landholding in one of Hervey Bay's most established and tightly held suburbs • Existing residence with three well-sized bedrooms, additional multi-purpose room and spacious living and dining area • Walking distance to cafes, restaurants, boutique shopping and local conveniences • Close to major shopping centres, medical precincts, schools and public transport Opportunities such as this are becoming increasingly difficult to secure. Whether your vision is to unlock the site's full potential or enjoy the existing home while investing in the future, this is an opportunity that deserves your immediate attention.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
1012 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Torquay over the last 12 months, the estimated median property value of 290 Torquay Terrace is $760k.

Median value
$760k
Estimated value range
$550k - $1.3m
Median days on market
38
Estimated value trend
14%
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 290 Torquay Terrace

2026
Sold
$550,000
20 Aug 2026 by Eli Winger, of Ray White Hervey Bay
2020
Sold
$275,000
16 Jul 2020 by Ed Hollingworth, of Century 21 at The Pier
2018
Rented
Undisclosed
Leased on 20 Aug 2018 by Century 21 at The Pier

Happy sellers in Torquay

90%
90% 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 37 reviews in Torquay over the last 12 months.

Local market activity for 3 bedroom houses in Torquay

In the last 12 months, 57 three-bedroom houses similar to 290 Torquay Terrace, have been sold.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Torquay

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Kim Carter

Sellers who recommend Kim Carter have praised them for being clear communication, local expert, responsive, supportive, friendly, reliable and honest

  •   4.8   (1081 reviews)
  •  12 Reviews in Torquay
  •  14 Sales in Torquay
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Nitin Menon

Sellers who recommend Nitin Menon have praised them for being clear communication, local expert, reliable, friendly, supportive, responsive and trustworthy

  •   5   (73 reviews)
  •  10 Reviews in Torquay
  •  15 Sales in Torquay
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Scott Mitchell

Sellers who recommend Scott Mitchell have praised them for being clear communication, local expert, responsive, friendly, honest, supportive and reliable

  •   4.8   (801 reviews)
  •  7 Reviews in Torquay
  •  7 Sales in Torquay
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Steph Mulheron

Sellers who recommend Steph Mulheron have praised them for being clear communication, local expert, well-prepared, responsive, supportive, friendly and great negotiation

  •   5   (85 reviews)
  •  6 Reviews in Torquay
  •  8 Sales in Torquay
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