SOLD
Sold on 29 Feb 2024 for $720,000

Lincoln Highway
Tumby Bay SA 5605

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 363800m2
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Property Details for Lot 409 Lincoln Hwy, Tumby Bay

Building Type
Commercial
Land Size
363800m2
Local Government
Tumby Bay
Lot/Plan
A409/F178821

Last Listing description (June 2024)

Ideal parcel of land to build and have the room to run, crop, ride or just relax and enjoy life.
Located on the out skirts of the sea side town of Tumby Bay, makes these parcels of land in prime location.

2 power poles on the property - suggest to enquire with SA power networks regarding connection.

SA Water has been contacted and advised mains can be connected - in direct main.

If your looking to expand your farming area or wanting to plant your feet in the dirt, this is your opportunity.

. Average rainfall 345mm the Clay loam soil is perfect for growing crops.
Previous paddock history
Paddock 1 2022 Pasture 2021 Mace wheat

Additional adjoining Land of 80ha also available to separately purchase - on own title
Coonta Creek runs through the property which also has a dam.
Higway access and just mintues to town - Tumby Bay is literally in your back yard.

Council Rates approx $293/qtr 2023/2024

Disclaimer:
Disclaimer: Measurements to be used as a guide only. All information provided including fees have been obtained from sources we believe to be accurate, however, we cannot guarantee its accuracy. We take no liability for any errors or omissions. Interested parties should conduct their own research to verify the accuracy of the information provided. Photographs may have been virtually edited.

Property History for Lot 409 Lincoln Hwy, Tumby Bay, SA 5605

A timeline of how this property has performed in the market
Last Sold
$720,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $720,000
  • 02 Feb 2024
    Listed for Sale Not Disclosed
  • 21 Dec 2018
    Sold for $75,000
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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 1,481 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 22 properties listed for sale, and 3 properties listed for rent in Tumby bay on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Tumby bay.

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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.