SOLD
RECENT ADVICE
Sold on 08 Aug 2024 for $225,000

3/6 Smith Street
Tumby Bay SA 5605

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/6 Smith St, Tumby Bay

3/6 Smith St, Tumby Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Tumby Bay in the last 12 months.

Building Type
Unit

Last Listing description (August 2024)

Jordan Foster is pleased to present to you Unit 3, 6 Smith Street, Tumby Bay! This charming 2 bedroom, 1 bathroom unit is the perfect opportunity for investors, first home buyers or downsizers.
Located in a quiet pocket of Tumby Bay, this unit is positioned within a small group of 5 strata titled units.

The lounge has a spacious feel due to its beautiful high raked ceilings. The unit also features a single carport parking space under the main roof for your convenience. There is a undercover patio at the rear and a small lawn area.

This property is a fantastic investment opportunity! Astute investors, take note: there is a long-term tenant already in place, who has been renting the property since 2007. Rent for the next 12 month period is $250 per week.
Alternatively, if you wish to move in, the property is only tenanted on a periodic lease.

Sit back, relax, and enjoy the slow-paced lifestyle that Tumby Bay has to offer. A popular year-round destination for fishermen and holiday-makers alike. A place where you can do as you please - sit back and enjoy the serenity of a beautiful seaside town, or get active and get out on the water.
Tumby Bay is just a 25 minute drive to the Port Lincoln Airport and then only a 50 minute flight to Adelaide. Driving time from Tumby Bay to Adelaide is six and a half hours & 35 minute drive to Port Lincoln.

Don't miss out on this chance to own a piece of Tumby Bay paradise! Contact JORDAN FOSTER on 0477 097 941 to arrange your private inspection.

Council Rates Total Liability 2023/2024: $1,958.56 - subject to annual increases
SA Water: Supply Charge $74.20 per quarter - subject to annual increases + 1/5 share of group water usage
Emergency Services Levy 2023/2024: $62.35 per annum - subject to annual increases
Strata Levies 2023/2024: Administration Fund $1,040 per annum (includes insurance, body corporate manager and a budget for common property gardening which a work order is only sent when required) + Sinking Fund $50 per annum - subject to annual increases

Disclaimer: Measurements and boundary outlines are approximate and are to be used as a guide only.
All information provided including rates, distances, furnishes, finishes and inclusions have been obtained from sources we believe to be accurate including but not limited to the Vendor; however, we cannot guarantee its accuracy. Anticipated rental amounts are are not a sworn valuation and are an opinion only. We take no liability for any errors or omissions. Interested parties should conduct their own research to verify the accuracy of the information provided.

RLA 274962

Property History for 3/6 Smith St, Tumby Bay, SA 5605

A timeline of how this property has performed in the market
Last Sold
$225,000
08 Aug 2024
  • 02 Sep 2024
    Sold for $225,000
  • 14 May 2024
    Listed for Sale $240,000
  • 30 Apr 2021
    Sold for $164,500
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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 1,484 properties. Over the last 5 years, Houses in Tumby Bay have seen a 90.76% increase in median value, while Units have seen a 35.53% increase. As at 30 November 2024:

  • The median value for Houses in Tumby Bay is $464,475 while the median value for Units is $262,430.
  • Houses have a median rent of $440 while Units have a median rent of $205.
There are currently 24 properties listed for sale, and 2 properties listed for rent in Tumby bay on OnTheHouse. According to CoreLogic's data, 53 properties were sold in the past 12 months in Tumby bay.

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Jordan Foster
Show contact details
Robin Hood Real Estate
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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.