OFF MARKET

1 Wandana Place
Tumby Bay SA 5605

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 833m2
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Property Details for 1 Wandana Pl, Tumby Bay

Building Type
Land
Land Size
833m2
Local Government
Tumby Bay
Lot/Plan
F1/C23075

Last Listing description (June 2021)

Here you are presented with an opportunity to purchase a choice of two development lots or a single lot for a crazy $49,000 each. Under instructions from the owners, all genuine offers will be considered and these are for urgent sale.
Located in a fully gated and secure community strata complex on the Tumby Bay Marina, these two lots are crying out for development.

The first lot consists of 1092m2 and has development approval to be divided into 4 seperate lots. The water metres are connected, surveying has been carried out and underground power is already installed. This lot has an asking price of $196,000 which is a meager $49,000 per lot.

The second lot consists of 575m2 and has development approval to be divided into 2 lots. Once again, all services are connected and ready to go. This lot has an asking price of $98,000 which is also only $49,000 per lot.

With common property consisting of only a sealed road and the gates, maintenance is minimal and all perimetre fencing is already installed. Two other lots in the complex have already been built on with a stylish and modern duplex.

These lots are ready to go and present a great development opportunity in the ever popular Tumby Bay.

Property History for 1 Wandana Pl, Tumby Bay, SA 5605

A timeline of how this property has performed in the market
Last Sold
$225,000
18 Feb 2014
  • 16 Jun 2021
    Listed for Sale Just $49,000 per lot
  • 17 Aug 2020
    Listed for Sale Just $49,000 per lot
  • 26 Apr 2015
    Listed for Sale Just $49,000 per lot
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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 1,482 properties. Over the last 5 years, Houses in Tumby Bay have seen a 87.47% increase in median value, while Units have seen a 27.61% increase. As at 31 October 2024:

  • The median value for Houses in Tumby Bay is $455,142 while the median value for Units is $232,945.
  • Houses have a median rent of $415 while Units have a median rent of $205.
There are currently 23 properties listed for sale, and 2 properties listed for rent in Tumby bay on OnTheHouse. According to CoreLogic's data, 51 properties were sold in the past 12 months in Tumby bay.

Suburb Insights for Tumby Bay 5605

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Disclaimer
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.