Tumby Bay at a glance
1,859
People
$540,000
Median sale
$434/wk
Median rent
4.18%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
SA › Tumby Bay › Lakin Cres
$250,000
Last sold
15 Dec 2020
3
Bedrooms
1
Bathrooms
2
Car spaces
840 m²
Land
110 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$250,000
15 Dec 2020 · derived via latest_sale
Local land rate: recorded House sales in Tumby Bay (last 5 years) with land size have a median of $524/m² of land (n=68). Districts calculation from recorded sales — not a valuation.
Tumby Bay at a glance
1,859
People
$540,000
Median sale
$434/wk
Median rent
4.18%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Vs Tumby Bay
-53.7%
Median sale
Suburb $540,000
+4.85 pp
Gross yield
Suburb 4.18%
Suburb median $540,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $434/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Nearby
Area
Tumby Bay at a glance
1,859
People
$540,000
Median sale
$434/wk
Median rent
4.18%
Suburb gross yield
Median sale from 23 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Lawson Real Estate SpecialistLooking for the perfect spot to relax - you will fall in love with this space to call your own.
step inside and you will not believe the space - yes this home is bigger than it looks!!! With modern floating floors throughout giving this home a comfortable ambience and easy care modern lift.
3 carpeted bedrooms, with the master and 2nd bedroom overlooking the beautiful front yard. Large colonial windows at the front of the home allow ample light in, with electric roller shutters to keeps you safe (and also adds additional insulation to keeps you comfortable throughout the whole year).
The large lounge area flows through to the dining area. With easy sliding door access to entertain out in the large paved pergola area, complete with bbq area. You're all set to entertain and watch the game while the kids play safely in the secure lawned back yard.
Every house needs a kitchen - and you might as well have a new one - a galley style kitchen with functionality and well utilised space, you will soon be the next master chef, with modern ceramic top stove, range hood and views to the pergola area and evening sunsets.
Bathroom with separate toilet, located central to the bedrooms, with the new laundry including built in sink, ample bench folding space and storage to boot.
Easy access through the carport to the rear yard, there is plenty of room for parking. 30,000ltr of rain water run the whole house with an independent rainwater tap in the kitchen, so if you ever need to turn to mains, you will still have the fresh rainwater at your finger tips.
And yet there is still more, this home also has a garden shed, and also a workshop shed so you can potter or create till your heart is content. Solar power - yes the home also has a 3kw system - you really need to inspect this home - if you have read to here you will be curious to see and feel the comfort that this home offers, so call and arrange your private inspection today.
Listing description written by Kylie Lawson, Lawson Real Estate Specialist — reproduced as published, not verified by Districts.