OFF MARKET

14 Lakin Crescent
Tumby Bay SA 5605

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 189m2
Land area: 780m2
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Property Details for 14 Lakin Cres, Tumby Bay

14 Lakin Cres, Tumby Bay is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1986. The property has a land size of 780m2 and floor size of 189m2. While the property is not currently for sale or for rent, it was last sold in September 2003.

Building Type
Unit
Year Built
1986
Floor Size
189m2
Land Size
780m2
Local Government
Tumby Bay
Lot/Plan
A118/D16666

Last Listing description (August 2008)

INVESTMENT OPPORTUNITY
SPECIAL - KAREN WIBBERLEY FROM RAINE AND HORNE IS OFFERING ONE UNIT AT A VERY EXLUSIVE PRICE OF $125,000 TO $135,000, SO BE QUICK AND GET IT WHILE YOU CAN, THE OTHER UNIT REMAINS AT $145,000.
WHAT A FANTASTIC INVESTMENT OPPORTUNITY IN THE TUMBY BAY MARKET. VERY RARELY WILL AN OFFERING IN THIS PRICE RANGE BECOME AVAILABLE. THE PREMISES HAVE RECENTLY BEEN REFURBISHED THROUGHOUT AND WOULD BE FANTASTIC AS A HOLIDAY BASE IN THIS PEACEFUL TOWNSHIP. THE PROPERTY IS LOCATED WITHIN A CLOSE STROLL TO THE LOCAL MANGROVE WALK ON THE TUMBY BAY ISLAND ESTATE.

THE 2 BEDROOM UNITS ARE A UNIQUE AND WORKING DESIGN INCORPORATING THE USE OF ALL AREAS VERY CLEVERLY. THE NEUTRALLY TONED KITCHEN HAS GOOD CUPBOARD SPACE AND A BRAND NEW ELECTRIC STOVE. THE BATHROOM FEATURES A VERY LARGE VANITY AND SHOWER AND IS TASTEFULLY DECORATED. THERE IS A SEPARATE TOILET ADJACENT TO THE BATHROOM. THE LAUNDRY IS A GOOD SIZE WITH A WASH TROUGH AND AUTO TAPS READY FOR USE. A NEW DUX ELECTRIC HOT WATER SERVICE HAS BEEN INSTALLED RECENTLY IN BOTH UNITS. THE DISTINCTIVE USE OF LARGE WINDOWS THROUGHOUT CREATES A LIGHT AND AIRY ATMOSPHERE WITHIN THE HOME.
THE EXTERIOR OF THE UNITS HAVE A CARPORT EACH AND THE AND THE REAR HAS A VERY LOW MAINTENANCE PAVED PERGOLA AREA WHICH WOULD BE HANDY FOR BBQS OR CATCHING A BIT OF THE SUN WHILE RELAXING.
THIS PROPERTY WILL BE OPEN FOR INSPECTION BY APPOINTMENT ONLY BY PHONING KAREN WIBBERLEY 8688 2666 OF RAINE AND HORNE TO ARRANGE A TIME.

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Property History for 14 Lakin Cres, Tumby Bay, SA 5605

A timeline of how this property has performed in the market
Last Sold
$200,000
15 Sep 2003
  • 16 Nov 2006
    Listed for Sale 130000
  • 15 Sep 2003
    Sold for $200,000
  • 22 Jul 2003
    Listed for Sale Not Disclosed
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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 1,477 properties. Over the last 5 years, Houses in Tumby Bay have seen a 71.84% increase in median value, while Units have seen a 34.04% increase. As at 31 August 2024:

  • The median value for Houses in Tumby Bay is $430,420 while the median value for Units is $231,227.
  • Houses have a median rent of $425 while Units have a median rent of $205.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Tumby bay on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Tumby bay.

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