Several homes linked to the reality renovation show sold over the past year,beyond the season’s televised auctions.
It had always been the centre of every Victorian surfer’s universe. But now Torquay is riding a food and drink wave too. Here’s what you need to know.
Commercial property investors are seeking out defensive bricks-and-mortar assets,with Coles-anchored shopping centre Torquay Village,on the Surf Coast,selling off-market for an undisclosed price.
Buying in a popular sea change town does not come cheap,but there are a handful of entry-level options not so far from the main drag.
There’s a price guide of $3.4 million to $3.7 million on the luxury four-bedroom home in Jan Juc,which was rented by Philippoussis and his family for the past two years.
It was once the worst house in its street in Torquay,but a nine-year renovation project transformed it into a stunning beach home that now looks completely different.
The property market has slowed on the Surf Coast this year,but rising interest rates haven’t stopped city dwellers from dreaming of the surf.
Million-dollar houses were once the exclusive domain of blue-chip inner Melbourne,but the number of regional postcodes with a median house price of $1 million or more is on the rise.
Land bankers and developers will be $200 million richer if they succeed in overturning a key government decision protecting land on Victoria’s surf coast.
Still dreaming of a sea-change for a better lifestyle and more affordable property? In some coastal pockets,the median house price is higher than in Melbourne.
Thousands of city dwellers have made a move to the country or coast since the pandemic hit,and in the most popular destinations,house prices have jumped.