Town By Town Snapshot: Torquay
The population of Torquay in 2016 was 13,258 people. By 2021, the population was 18,534 showing a population growth of 39.8 per cent in the area during that time.
Situated at the gateway to the Great Ocean Road, Torquay blends a laid-back coastal lifestyle with modern convenience, just a 30-minute drive from Geelong and under 90 minutes from Melbourne. This thriving seaside town is a magnet for surfers, sea changers and families seeking a strong sense of community and connection to the outdoors.
Renowned as the birthplace of iconic surf brands like Rip Curl and Quiksilver, Torquay is home to Bells Beach – one of Australia’s most celebrated surf breaks – and hosts the annual Rip Curl Pro, which draws top international surfers and visitors from around the world. Beyond the beach, the Surf Coast Walk links Torquay with nearby coastal towns and offers stunning views across cliffs, bushland and rolling dunes.
Torquay’s traditional custodians are the Wadawurrung people, who maintain a deep cultural connection to the land and sea. The area’s natural beauty, from coastal heathlands to marine environments, is of both ecological and cultural significance.
Originally known as Spring Creek, the area began to develop in the late 1800s as a fishing and holiday village. Over time, improvements to road infrastructure and increased tourism transformed Torquay into a sought-after destination for both permanent residents and seasonal visitors.
Today, Torquay supports a growing population with a wide range of services, including schools, medical centres, community facilities and multiple retail precincts – from local boutiques to the larger Surf City shopping hub. The town also boasts a lively food and drink scene, weekend markets and arts events that showcase local talent and produce.
Torquay’s housing mix reflects its evolution, with everything from coastal cottages to contemporary family homes and new developments in areas like Dunes Village and Zeally Sands. Despite its growth, the town has retained its relaxed beachside charm and strong community values.
As Torquay continues to grow, it remains deeply connected to the coast, the environment and the vibrant surf culture that first put it on the map – offering a lifestyle that balances everyday ease with natural beauty and adventure.
The predominant age group in Torquay is 40-49 years.
Households in Torquay are primarily couples with children and are likely to be repaying $1,800-$2,399 per month on mortgage repayments.
In general, people in Torquay work in a professional occupation. In 2021, 75.7 per cent of the homes in Torquay were owner-occupied compared with 73.4 per cent in 2016.
Quick Stats
Population: 18,534
Male: 48.8%
Female: 51.2%
Median age: 39
5 Year Population Change: 39.8%
Median House Value: $1,258,801
Change in Median House Price (5 Years): 5.02%
Median Asking Rent Per Week: $700
Average Length of Ownership (Years): 12
Median House Price Over Time:
June 2025: $1,258,801
June 2024: $1,281,731
June 2023: $1,304,624
June 2022: $1,424,439
June 2021: $1,198,625
House Sales (12 Months): 299
Land Median Sale Price: $760,000
Land Sales (12 Months): 30