OFF MARKET

36 Spencer Street
Tumby Bay SA 5605

Bedrooms: 7
Bathrooms: 3
Car spaces: -
Floor area: 286m2
Land area: 1012m2
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Last updated 16 Sep 2024
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Property Details for 36 Spencer St, Tumby Bay

36 Spencer St, Tumby Bay is a 7 bedroom, 3 bathroom Unit and was built in 1975. The property has a land size of 1012m2 and floor size of 286m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1975
Floor Size
286m2
Land Size
1012m2
Local Government
Tumby Bay
Lot/Plan
A56/T510301

Last Listing description (March 2023)

Located in the heart of beautiful Tumby Bay is this superb residential investment comprising 3 units.

1x 3 bedroom unit with private courtyard
1x 2 bedroom unit with private courtyard

1x detached 2 bedroom cottage with 2 car carport

Units are located in a quiet area, enjoying close proximity close to beach, shopping and hotels.

The property has been lovingly maintained over the years by the one owner.

Currently on permanent rental agreement but would also suit Airbnb operation. Gross weekly rent of $625.00.

Contact selling agent Steve Kemp or Georgie Kemp for further information and inspection arrangements.

Property History for 36 Spencer St, Tumby Bay, SA 5605

A timeline of how this property has performed in the market
Last Sold
$530,000
28 Mar 2023
  • 28 Mar 2023
    Sold for $530,000
  • 17 Jan 2023
    Listed for Sale $520,000 - $540,000
  • 03 May 2021
    Listed for Sale $540,000
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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 1,477 properties. Over the last 5 years, Houses in Tumby Bay have seen a 71.84% increase in median value, while Units have seen a 34.04% increase. As at 31 August 2024:

  • The median value for Houses in Tumby Bay is $430,420 while the median value for Units is $231,227.
  • Houses have a median rent of $425 while Units have a median rent of $205.
There are currently 21 properties listed for sale, and 2 properties listed for rent in Tumby bay on OnTheHouse. According to CoreLogic's data, 52 properties were sold in the past 12 months in Tumby bay.

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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.