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 › Spencer St
$758,000
Last sold
19 Mar 2025
5
Bedrooms
3
Bathrooms
4
Car spaces
1,011 m²
Land
304 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
$758,000
19 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Tumby Bay (last 5 years) with land size have a median of $520/m² of land (n=67). 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
+40.4%
Median sale
Suburb $540,000
-1.20 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 scheme
Planning and Design Code
Zone
Township Activity Centre
TAC
Jurisdiction
Tumby Bay
Tumby Bay, SA
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
SAZoned Township Activity Centre · TAC (Planning and Design Code). Official parcel area about 1,015 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Street frontage and true lot geometry are not confirmed without open cadastre. Minimum lot size is not loaded, so two-lot subdivision is not confirmed. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownlowZoned Township Activity Centre · TAC (Planning and Design Code). Official parcel area about 1,015 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
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?
KnownmediumOfficial parcel about 1,015 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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.
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 Robin Hood Real EstateYou will be hard pressed to find such a well built property that has stood the test of time as well as this truly amazing property has.
Situated in the town centre with everything you need in walking distance, including the beach, this Circa 1933 quality built stone home is really a sight to behold and has so much to offer that you will need to inspect to fully appreciate.
Formally used as a Bank with home attached, the floor plan is very versatile and only limited by your imagination.
There are just too many great points to share but here are just a few reasons why this property is such a gem:
• Character & Charm of large rooms, wide passage, hardwood floors (under carpet) & high 12ft ceilings
• Substantial home with multiple spacious living areas including separate lounge, formal dining, country style kitchen & rumpus/games room
• The old bank is almost fully self contained with its own bedroom & bathroom but currently it is being enjoyed as an entertaining area - Pull up a bar stool, open a beer and let the games begin! Pool table and accessories are included - you even have your very own fireproof bank vault!
• 4-5 Bedrooms - 2 have ensuite bathrooms
• Multiple heating & cooling options including open fireplace, combustion fire & air conditioning
• Private and sheltered outdoor entertaining area - so tucked away you don't even know it is there!
• Solar Panels ( 16 panels) & 13,000gl of rainwater storage plumbed to the home
• Shedding for your car, boat & caravan & workshop space too
• Lovely rear yard - ample room for the kids to play or to manoeuvre for parking & so much more
This home is perfect for those wanting to just move in and relax as everything has been done for you. You will see that it is as neat as a pin and has been well cared for by its current owners.
It could ideally suit retirees, families, those with an extended family or even someone wanting to have a space to work from home.
Please take a look - you will be impressed.
RLA 274962
Listing description written by Melanie Elliott, Robin Hood Real Estate — reproduced as published, not verified by Districts.