FOR SALE
Sale Price Unavailable

Dutton Terrace
Tumby Bay SA 5605

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6.306ha
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UNLOCK THE POTENTIAL! Landmark Development Opportunity

• Prime development site totalling 6.306 hectares or 63,000 sqm
• Concept plan for residential blocks from 400 sqm to 800 sqm larger blocks
• Walking distance to town
Robin Hood Real Estate is pleased to exclusively present 50 Dutton Terrace to the market. This development site has a concept plan in place ready for submission for development approval.
Key property features include:
- Prime corner site
- Proposed development approval in place for several apartments or housing project and of consisting larger blocks for commercial use
- Medium Density Residential zoning allowing for a range of potential re-development outcomes
- Two street frontages
- PLUS the sale of this project comes with the Barry Stirling Rubble Pit Extractive Mineral Lease Claim 3568 at NO additional cost with an expected mine life of 20 years. Road building rubble comprising of fractured granite, clay and sand is the primary commodity to be mined. It has been assessed that 1000 cubic meters will be carted monthly from the site. There are 2.2 hectares of the total 5.4 hectare to be mined. Site access is from the main highway, Bratten Way.
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Property Details for Lot 50 Dutton Tce, Tumby Bay

Building Type
Land
Land Size
6.306ha

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About Tumby Bay 5605

The size of Tumby Bay is approximately 303.8 square kilometres. It has 16 parks covering nearly 0.5% of total area. The population of Tumby Bay in 2011 was 1,826 people. By 2016 the population was 1,622 showing a population decline of 11.2% in the area during that time. The predominant age group in Tumby Bay is 60-69 years. Households in Tumby Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumby Bay work in a managers occupation. In 2011, 69.6% of the homes in Tumby Bay were owner-occupied compared with 74% in 2016.

Tumby Bay has 1,484 properties. Over the last 5 years, Houses in Tumby Bay have seen a 90.76% increase in median value, while Units have seen a 35.53% increase. As at 30 November 2024:

  • The median value for Houses in Tumby Bay is $464,475 while the median value for Units is $262,430.
  • Houses have a median rent of $440 while Units have a median rent of $205.
There are currently 24 properties listed for sale, and 2 properties listed for rent in Tumby bay on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Tumby bay.

Suburb Insights for Tumby Bay 5605

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Melanie Elliott
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Robin Hood Real Estate
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.