SOLD
Sold on 14 Jun 2024 for $275,000

Harvey Well Road
Tumby Bay SA 5605

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 403700m2
Sold By
Elders Port Lincoln
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Property Details for Lot 51 Harvey Well Rd, Tumby Bay

Building Type
Commercial
Year Built
2001
Land Size
403700m2
Local Government
Tumby Bay
Lot/Plan
A51/D130281

Last Listing description (June 2024)

Located just a couple of minutes from Tumby Bay is this vacant parcel of farmland with a total area of 40.37 hectares (99.75 acres).

The land is flat to very slightly sloping and has approximately 95 acres that is cleared for cropping.
The balance of the land consists of a creek bed with established gum trees which has been fenced off.

There is mains water connected to a new concrete trough for livestock watering.

Located so close to Tumby Bay, it's the ideal parcel for someone that would like to build a home and create a hobby farm lifestyle. (STCC)
It's also a great little bolt-on for an existing farmer within the area.

Other Details:
* Red loam soils with some ironstone.
* The property is fenced with cyclone and timber posts.
* Average annual rainfall of approximately 325mm.
* Council Rates are approximately $1,200 per year.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. Elders Real Estate RLA62833

Property History for Lot 51 Harvey Well Rd, Tumby Bay, SA 5605

A timeline of how this property has performed in the market
Last Sold
$275,000
14 Jun 2024
  • 14 Jun 2024
    Sold for $275,000
  • 07 May 2024
    Listed for Sale $285,000 - $300,000
  • 08 Dec 2023
    Sold for $280,000

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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 1,479 properties. Over the last 5 years, Houses in Tumby Bay have seen a 81.38% increase in median value, while Units have seen a 27.33% increase. As at 30 September 2024:

  • The median value for Houses in Tumby Bay is $440,862 while the median value for Units is $240,413.
  • Houses have a median rent of $430 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, 51 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.