Torquay
The median rent for a 2-bedroom unit in Torquay is $500 a week for leases that started in the year to September 2025, up 2.5% on a year earlier. That is 16% above the typical 2-bedroom unit rent across Geelong ($430). The median sale price in the Mar 2026 quarter was $1,150,000 for a house and $837,000 for a unit. A year of rent for that home is about 3.4% of its median sale price (gross rental yield).
Median rent in Torquay
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $310* | -3.1% | 11 |
| 2-bedroom unit | $500 | +2.5% | 28 |
| 3-bedroom unit | $660 | +6.5% | 31 |
| 2-bedroom house | $535 | +0.4% | 31 |
| 3-bedroom house | $650 | +0.3% | 160 |
| 4-bedroom house | $750 | +10.3% | 166 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $1,150,000 | Mar 2026 quarter |
| Unit | $837,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Barwon Heads $468 a week
- Ocean Grove $468 a week
- Geelong $460 a week
- Newcomb $460 a week
- Newtown (Greater Geelong) $440 a week
- Belmont $430 a week