Torbay Property Market And House Prices

Suburb of Auckland

Ed McKnight

Author: Ed McKnight

Our Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.

Last Updated:

Key house price data for Torbay, Auckland

Average House Value

-5.8%
$1,167,400

Average Rent

$750

Estimated Yield

3.3%

Long Term Capital Growth

6.1%

Ed's Insights

Torbay is a suburb in Auckland.

13,527 people currently live in Torbay. 25.3% of these people rent.

The average house value in Torbay is $1,167,400.

That’s down 11.7% from from 2 years ago.

The median rent in Torbay is $750.

Market Insight - Median House Price Trend

Sales Data

Average House Value

-5.8%
$1,167,400

Median Days to Sell

38

Properties listed for sale in the last month

38

Properties sold in the last 12 months

165

Insights

The average house value in Torbay is $1,167,400.

On average it takes 38 days to sell a house.

All up 165 properties were sold in Torbay over the last year, and 38 properties were listed for sale in the last month.

Rental Data

Median Rent

$750

Rental properties listed last year

Not enough data available

Rental properties listed last month

Not enough data available

Median days to rent

Not enough data available

Insights

There is no rental data available for Torbay at this time. We are working hard to get this data. We hopefully will have some shortly.

Demographic Info

What do tenants in Torbay want?

The most popular number of bedrooms a tenant rents in Torbay is 3 bedrooms.

41.6% of tenants in the suburb rent properties with 3 bedrooms.

The most popular number of cars in Torbay is 2 cars.

41.1% of residents in the suburb own 2 cars.

How many Bedrooms do renters have in Torbay?

How many Cars do renters have in Torbay?