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