OFF MARKET

1A North Terrace
Tumby Bay SA 5605

Bedrooms: 2
Bathrooms: 1
Car spaces: 6
Floor area: 2m2
Land area: 515m2
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Last updated 11 Nov 2024
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Property Details for 1a North Tce, Tumby Bay

1a North Tce, Tumby Bay is a 2 bedroom, 1 bathroom Townhouse with 6 parking spaces and was built in 1925. The property has a land size of 515m2 and floor size of 2m2. While the property is not currently for sale or for rent, it was last sold in June 2018.

Building Type
Townhouse
Year Built
1925
Floor Size
2m2
Land Size
515m2
Local Government
Tumby Bay
Lot/Plan
A115/T510301

Last Listing description (April 2019)

This is your very real opportunity to buy a 4 star, oceanfront town house right in the heart of the Tumby Bay township.
This property is amongst a group of 4, is across the road from stunning Tumby Beach, have private, rear parking, obvious walking distance to all of Tumby Bays conveniences and attractions and views out beyond Tumby Island across a stunning swimming beach that will last forever.
The property presents generously with an open plan living downstairs with reverse cycle air conditioning. The laundry and toilet conveniently located at the rear door which leads to a private courtyard and clothes line that also leads to your secure garage. There is also a fully fenced and grassed private courtyard with a fish cleaning area and beach shower to be used as common property within the complex.

Upstairs presents 2 huge bedrooms complete with built in robe and walk in robe, semi ensuite off the master, reverse cycle air cond, t.v, spa bath, separate shower and a balcony with views that you will never tire of but be the envy of.
Whether you are looking for that perfect holiday home, full time luxury living or a magnificent rent return, make no mistake, this will be sold!
The properties are to be sold on a walk in walk out basis with everything you see included.
Currently the four units are returning between $30K and $40K per annum each with an average of $35,000 p/a being let out as short term holiday accommodation.
This is a remarkable return in the current market.
Call David McPharlin on 0408 917 945 for details regarding the property sale.

Property History for 1a North Tce, Tumby Bay, SA 5605

A timeline of how this property has performed in the market
Last Sold
$330,000
29 Jun 2018
  • 29 Jun 2018
    Sold for $330,000
  • 27 Jan 2017
    Listed for Sale $355,000 + GST
  • 27 Feb 2012
    Listed for Sale $399,000 INCL GST
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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.