OFF MARKET

3/5 Esplanade
Tumby Bay SA 5605

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Land area: 1536m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 3/5 Esplanade, Tumby Bay

3/5 Esplanade, Tumby Bay is a 6 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 1536m2.

Building Type
House
Land Size
1536m2
Local Government
Tumby Bay
Lot/Plan
A434/F178846

Last Listing description (June 2015)

Originally built as the Tumby Bay Hospital, this government building was constructed to the highest of specifications. The location, size, character and potential of this amazing seafront property is second to none. The allotment is a massive 1534m2 which is large enough to be divided into 3 separate seafront blocks (STCA) with rear laneway access an added convenience to utilize the sea front of the lot to it ?s maximum potential.
The property currently comprises of 3 homes, all have 2 bedrooms, Unit 2 has an additional study, full sized kitchens, renovated bathrooms & laundries, leadlight windows and high ornate ceilings feature throughout.
Unit 1 has been restored to stunning original condition with dark timber doors and frames a striking feature. With a fully renovated bathroom and kitchen to add the extra class. The property as a whole has been immaculately maintained and renovated over the years to present beautifully.

With short and long term rental properties in demand, this has the potential for 3 immediate incomes or why not rent 2 and live in one yourself? If are you looking for the perfect spot for holidays or share the spoils with three 3 families, this amazing seafront property is ready to go.
All offers are invited on the property as a whole, but if you are interested in a smaller vacant seafront block, the vendor will also consider expressions of interest for the allotments described in the concept plan.
A personalized inspection is the only way to appreciate the amount of work that has gone into the property and to reflect on it ?s true beauty, please call David McPharlin.

Property History for 3/5 Esplanade, Tumby Bay, SA 5605

A timeline of how this property has performed in the market
Listed for Rent
$260/w
22 Mar 2014
  • 04 Mar 2014
    Listed for Rent - Price not available
  • 29 Oct 2013
    Listed for Rent - Price not available
  • 22 May 2013
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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

Market Insights
Tumby Bay Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Tumby Bay Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.