Is The Torbay Market Favouring Buyers Or Sellers This Month?

The Torbay property market currently strongly favours buyers, as elevated inventory levels, flat price growth, and election-year caution give purchasers excellent negotiating power. While recent cuts to the Official Cash Rate (OCR) have injected a baseline of confidence into the market, sellers must remain highly realistic with pricing to secure a transaction.

Torbay Market Indicators at a Glance

The local data highlights a stabilized price floor with slow transaction speeds:

Market Metric	Current Status / Baseline	Market Impact
Median Sale Price	~$1,150,000 (Down 0.6% to 1.4% YoY)	Prices are flat, sitting roughly 20% below the 2021 peak.
Median Days on Site	46 to 47 days	Properties are taking longer to move, requiring seller patience.
Active Stock	~78 properties listed for sale	High inventory gives buyers extensive choices across the North Shore.
Rental Resilience	Median rent solid at $720–$750/week	Yields average 3.1%, offering strong support for investors.

Key Dynamics Shaping the Market

The “First-Home Buyer” Leverage: Entry-level and first-time buyers are the most active demographic in the East Coast Bays. Sellers are actively bargaining and offering discounts to capture these buyers, which keeps volumes moving but caps any upward price momentum.
The Pre-Election Stand-Off: With the general election approaching, the market has entered a classic “wait and see” pattern. Many discretionary sellers are holding off until spring, while investors are pausing to see the final outcomes of property tax rules, creating a temporary lull that benefits active buyers.
Pricing Realism: Well-staged, realistically priced properties with standout modern features (like energy efficiency or home-and-income potential) still generate excellent engagement and competitive bidding. However, homes with over-ambitious price expectations are quickly bypassed by buyers who have plenty of other stock to browse.

Prepare to Impress

If you would like to know more about the benefits and how it could apply to your home, We’re happy to take your call and provide more insights.