Average rent in Torquay, VIC — 2026
Torquay is part of the Surf Coast council area and sits 83km out from the Melbourne CBD, with around 24,607 residents at the 2021 ABS Census. Renters here typically pay $500/week, which is above the Victoria median of $363/week. About 20% of households rent — the rest are owners or paying down a mortgage.
$500/wk
ABS 2021 Census median
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Suburb at a glance
- Population
- 24,607
- Median age
- 40
- Distance to Melbourne
- 83 km
- Households renting
- 20%
- Separate houses
- 92%
- Flats / apartments
- 1%
- Born overseas
- 13%
- Top occupation
- Professionals
- LGA
- Surf Coast
ABS 2021
Renting in Torquay
Torquay is one of the more expensive parts of Victoria to rent in — the typical renter pays $500/week, around 38% above the state median of $363/week (ABS Census 2021). Most households here own (around 77% are owners or paying a mortgage), and the suburb is mostly separate houses (92%) rather than units. That mix usually means a smaller, slower-turnover rental pool than in inner-city areas at a similar price. The suburb sits 83km from Melbourne, with a population of around 24,607 and a median age of 40. The biggest occupation category is Professionals. Renters often wait longer here, and inspections fill quickly when stock does come up.
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