Torquay Demographics: Population, Age & Income Profile (VIC)
Is Torquay Safe from Climate Risk?
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Liveability Score
5.2Torquay has a medium demographic profile typical of Victoria suburbs
Key Facts
- Median Age
- 38 years (state avg)
- Median Household Income
- $1,354/wk (state avg)
- Families with Children
- 29.9% of households
- Home Ownership
- 66.2% own — 30.2% rent
- Postcode
- 3228
Demographics Analysis
Torquay in Victoria reflects the broader demographic characteristics of the region. According to the Australian Bureau of Statistics (ABS) 2021 Census, the typical household in Victoria has a median weekly income of around $1,354, with a median age of 38 years.
The ABS reports that 29.9% of households in Victoria are couples with children, while 24.7% are couples without children. Lone person households account for 24.5% of households. This family composition data helps home buyers understand the neighbourhood character and amenity demand.
Home ownership rates in Victoria show that 66.2% of households own their home (with or without a mortgage), while 30.2% rent. These tenure patterns affect property turnover rates, rental demand, and neighbourhood stability — all important factors for home buyers evaluating Torquay.
Climate risk is an increasingly important factor for property buyers evaluating suburbs like Torquay. Different demographic groups face different climate exposure profiles — families may prioritise heat safety near schools, while retirees may be more concerned about insurance costs in flood-prone areas. Get an address-level climate risk report for your Torquay property to understand how climate projections may affect your investment.
ClimateNest assesses hazards at the address rather than the suburb, because exposure varies street by street within Torquay. An address-level check is what tells you about a specific property before you buy, sell or insure it.
Adaptation & Mitigation Actions
Develop a comprehensive bushfire management plan
ImmediateImplement measures to reduce fuel loads, improve firebreaks, and educate residents about bushfire safety.
Est. cost: Medium
Invest in coastal protection measures
Near-termConstruct seawalls, restore dunes, and implement managed retreat strategies to protect coastal properties and infrastructure.
Est. cost: High
Implement heatwave preparedness strategies
ImmediateEstablish cooling centers, provide assistance to vulnerable residents, and promote water conservation.
Est. cost: Low
Upgrade stormwater drainage infrastructure
Near-termImprove drainage systems to reduce the risk of flooding during heavy rainfall events.
Est. cost: Medium
Promote water conservation
Long-termEncourage residents and businesses to reduce water consumption through education and incentives.
Est. cost: Low
Council & Emergency Services
Explore Torquay Risk Reports
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Frequently Asked Questions
What is the population of Torquay?
Population data for Torquay comes from the ABS 2021 Census, the most recent national census. For the most current suburb-level population data, refer to ABS QuickStats or consult the Victoria state government's population projections. Understanding population trends helps home buyers assess housing demand, infrastructure investment, and neighbourhood character.
What is the median age in Torquay?
The median age for Victoria is 38 years according to the 2021 ABS Census, which serves as a reference point for Torquay. A younger median age often indicates more families and first home buyers, while older demographics suggest established households and potentially lower turnover. Both have implications for property demand and investment strategy.
What is the average household income in Torquay?
The median weekly household income in Victoria is $1,354 per week (ABS 2021 Census). Household income affects serviceability for mortgage lending, rental affordability, and the type of housing stock in demand within a suburb. Higher-income areas typically support stronger property values and faster capital growth. Combine demographic research with a climate risk report from ClimateNest for a complete property assessment.
What type of people live in Torquay?
The demographic profile of Torquay is broadly shaped by its location within Victoria. According to the ABS Census, 29.9% of households in the state are couples with children, while 24.7% are couples without children. The overall population of Victoria has a median age of 38 — use this as context when assessing the demographic character of Torquay.
Is Torquay Safe from Climate Risk?
Enter your address below for an instant climate risk assessment for Torquay, Victoria, covering flood, bushfire, sea level rise and more.
What A$49 could save you from
*Industry sources: ICA, APRA, RBA
Full report from A$49 · Australian addresses only · 8 hazard scores · Insurance trajectory · 2030 & 2050 projections