$500 ▲ +42.9%
Higher than 92% of suburb / locality areas.
- 2011: $350
- 2016: $410
- 2021: $500
Median weekly rent paid by households renting their home.
Torquay · Suburb / Locality
Housing & Dwellings in Torquay
Where and how people live — the homes, how they are held, and what they cost.
A typical weekly rent of $500 makes Torquay one of the most expensive places to lease in the region. This cost of living is mirrored in home loans, where the usual monthly payment is much higher than in most areas. It is a place dominated by large, family-sized houses.
$500
▲ +42.9%
- $0–$25: 37 areas
- $25–$50: 86 areas
- $50–$75: 199 areas
- $75–$100: 214 areas
- $100–$125: 525 areas
- $125–$150: 343 areas
- $150–$175: 699 areas
- $175–$200: 597 areas
- $200–$225: 1183 areas
- $225–$250: 724 areas
- $250–$275: 1277 areas
- $275–$300: 787 areas
- $300–$325: 1282 areas
- $325–$350: 618 areas
- $350–$375: 935 areas
- $375–$400: 570 areas
- $400–$425: 763 areas
- $425–$450: 288 areas
- $450–$475: 415 areas
- $475–$500: 176 areas
- $500–$525: 204 areas
- $525–$550: 79 areas
- $550–$575: 125 areas
- $575–$600: 70 areas
- $600–$625: 97 areas
- $625–$650: 21 areas
- $650–$675: 54 areas
- $675–$700: 145 areas
All suburb / locality areas, 2021. The marker is Torquay — higher than 92% of areas.
Housing costs
Rents, mortgages and crowding.
Rent is very high here, sitting well above the Victoria and Australia figures. This financial pressure extends to homeowners, who face a typical monthly mortgage payment of $2,167, which is a little above the state and national figures.
$2,167 → 0.0%
Higher than 80% of suburb / locality areas.
- 2011: $2,167
- 2016: $2,000
- 2021: $2,167
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →In Torquay, $350–$549 is the majority at 50%; $550–$749 is next at 32%.
Monthly mortgage distribution
View on map →In Torquay, the largest group is $1,800–$2,999 at 43%, followed by $3,000 or more (23%) and $1,000–$1,799 (23%).
Owning & renting
How homes are owned or rented.
About 42.7% of homes are owned with a mortgage, while 33% are owned outright. The proportion of households renting is 21.3%, which is well below the state and national figures.
21.3% ▼ -16.2%
Higher than 63% of suburb / locality areas.
- 2011: 25.4%
- 2016: 23.6%
- 2021: 21.3%
Share of occupied private dwellings that are rented.
33.0% ▲ +2.9%
Lower than 72% of suburb / locality areas.
- 2011: 32.1%
- 2016: 33.4%
- 2021: 33.0%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Torquay, the largest group is Owned with a mortgage at 43%, followed by Owned outright (33%) and Rented (21%).
Types of homes
Houses, townhouses, apartments and bedrooms.
Large homes are the norm in Torquay, with separate houses making up 90.6% of all dwellings. This is far above the state and national figures, and 90.3% of homes have three or more bedrooms.
0.80 ▼ -27.3%
Lower than 57% of suburb / locality areas.
- 2011: 1.10
- 2016: 0.80
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
90.6% ▲ +8.7%
Lower than 66% of suburb / locality areas.
- 2011: 83.4%
- 2016: 87.4%
- 2021: 90.6%
Share of occupied private dwellings that are separate houses.
90.3% ▲ +4.7%
Higher than 79% of suburb / locality areas.
- 2011: 86.3%
- 2016: 87.4%
- 2021: 90.3%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Torquay, Separate house is the majority at 91%; Townhouse / semi-detached is next at 8%.
Bedrooms per home
View on map →Torquay splits fairly evenly between 4 bedrooms (45%) and 3 bedrooms (40%), with 2 bedrooms at 8%.
Sources
- Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).
More for Torquay
Cite this page
Australian Bureau of Statistics. (2021). Housing & Dwellings in Torquay [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22551/torquay/topic/housing-dwellings