18A Treasure CrescentTumby Bay SA 5605
Property Details for 18a Treasure Cres, Tumby Bay
Last Listing description (December 2018)
Based on land sale prices in the area and the improvements carried out, this is genuine buying value right here!
Situated on the ever popular Treasure Crescent in the heart of the Tumby Bay Island development, is this fantastic vacant allotment.
The oversized, double garage has a fully concreted floor and ample space for two vehicles plus enough extra room in front for more vehicles, storage or a work shop area. The front of the garage has double sliding doors with the North side of the garage having a p.a door, whilst the south side has another full sized sliding door.
The septic system has already been installed alongside the garage and ready for easy connection to either a new home or to the garage if you would like to connect basic services.
All in all this property would be a fantastic buy for a home builder or alternatively an extremely affordable storage garage for the boat, van or camper.
Be quick to act on value buying before it goes.
Property History for 18a Treasure Cres, Tumby Bay, SA 5605
- 27 Nov 2018Sold for $86,000
- 29 Oct 2018Listed for Sale $109,500
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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.
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