Prime Medium Density Development Opportunity - Just 550m to the Beach!

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261 Torquay Terrace, Torquay QLD 4655

Offers Over $600,000

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$600k - $650k High Confidence Calculated based on strong search observations.

Land 1022 m²

Listed: 20th Jul 2026

Updated: 27th Jul 2026

Overview

Located in the heart of Torquay, this fully fenced 1,022 square meter allotment presents a rare medium density development opportunity ideal for building, investing, or land banking. Being just 550 meters from the Esplanade, the site provides easy access to Hervey Bay’s pristine beaches, vibrant cafés, restaurants, shopping centers, schools, and medical services, making it a highly convenient location.

The medium density zoning unlocks significant development potential subject to council approval, providing flexibility for various residential projects. The sizeable parcel is in a family-friendly neighborhood and benefits from public transport connections. Hervey Bay is one of Queensland's quickly growing coastal hubs, enhancing the long-term appeal and investment security of this property.

Vacant titled land so close to the coastline is scarce, which elevates the attractiveness of this lot for developers and home builders looking for a solid foothold in a sought-after suburb. It promises both a tranquil lifestyle near the ocean and accessibility to daily necessities and amenities.

Fully fenced 1022 sqm allotment with medium density zoning
Prime development potential (subject to council approval)
Just a short 550m walk to the beach and Esplanade
Close to essential services including shops, schools, and medical facilities
Family-oriented community with easy public transport access
Opportunity suitable for home builders, investors, or land banking

Local Market Insights

In Torquay, Quiet Listings observed 45 new parcels of land entering the market over the last 30 days, up from 5 during the previous 30-day period, with an average advertised asking price of $373,522. The property type mix of listed properties is predominantly Houses at 66%, followed by land (18%), and units (8%). The most active agency for land in the Torquay area is currently Prime Agents Hervey Bay, representing 84% of new listings, followed by Marks & Partners Property with 13%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.