Property Details for 131 Thuruna Rd, Tumby Bay
131 Thuruna Rd, Tumby Bay is a 1 bedroom, 1 bathroom House and was built in 1980.
Last Listing description (March 2022)
With a smidge over 30 Acres on the edge of Tumby Bay zoned Deferred Urban, this huge allotment is primed for future development once rezoning classification has occurred (STCC).
The property currently has two large garages/sheds on them of which one has been converted into a home offering an open plan living arrangement with a bedroom, office and fully enclosed verandah.
The other garage offers plenty of storage and workshop option and there is also a separate toilet.
With road access on two boundaries, power and water already connected to the property and sitting high on top of the hill, the properties future development presents many positives for serviceability and access.
Whether you are looking for a SMSF option or an immediate live in and hold option, this property has plenty of appeal.
Property History for 131 Thuruna Rd, Tumby Bay, SA 5605
- 28 Oct 2016Listed for Sale $750,000
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0About 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 1,481 properties. Over the last 5 years, Houses in Tumby Bay have seen a 81.38% increase in median value, while Units have seen a 27.33% increase. As at 30 September 2024:
- The median value for Houses in Tumby Bay is $440,862 while the median value for Units is $240,413.
- Houses have a median rent of $430 while Units have a median rent of $205.
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