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SA › Tumby Bay › Lakin Cres

12 Lakin Cres, Tumby Bay SA 5605

House

$455,000

Last sold

25 Sept 2025

3

Bedrooms

1

Bathrooms

8

Car spaces

780 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $455,000 (25 Sept 2025).(Recorded sale)
  • FactLand 780 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Tumby Bay (last 5 years) with land size: median $520/m² of land (n=67). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned Neighbourhood (N) under the Planning and Design Code.(Location SA · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$455,000

25 Sept 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.

See the full Tumby Bay report →

Vs Tumby Bay

-15.7%

Median sale

Suburb $540,000

+0.78 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 and development

Planning scheme

Planning and Design Code

Zone

Neighbourhood

N

Jurisdiction

Tumby Bay

Tumby Bay, SA

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Location SA
  • Dataset: Planning and Design Code Zones
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 9250885500

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$455,00025 Sept 2025
  2. Listedprice unknowncompleted18 July 2025
  3. Listedprice unknowncompleted18 July 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Confidence: low

Zoned Neighbourhood (Planning and Design Code). Official parcel area about 783 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Knownlow

    Zoned Neighbourhood (Planning and Design Code). Official parcel area about 783 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

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    Official parcel about 783 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

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Tumby Bay in one glance

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.

See the full Tumby Bay report →

Keep researching

  • Why Tumby Bay? Read the area thesis →
  • What else is on the market in Tumby Bay →
  • Other records on Lakin Cres →

Listing material

Listed by Lawson Real Estate Specialist

Affordable Family Home

It's a pleasure to bring this property to the market – A well maintained and refreshed 3 bedroom home situated on a 780m2 allotment with open park views so you can relax and listen to the birds from your front veranda. Freshly painted and new flooring, all ready for you to move straight in. Large shed and solar are ticking all the boxes.

Entering this welcoming home you are greeted by a generous lounge room with ample light. Master bedroom also situated at the front of the home – generous in size and the convenience of the walk through wardrobe. The bathroom is dual access with separate wash area and toilet. The hallway is fitted with a full size linen cupboard.

The large dining area is off the fully equipped kitchen with loads of cupboards and bench space. The 2nd and 3rd bedroom are located at the rear of the home, again a decent size with room for built in robes if you desire.

Read the full description

A paved patio area at the rear of the property is the place to relax while the fish are all being cleaned in the nearby fish cleaning area.

Easy ramp access off the dining and also laundry. A large shed with double roller door access and a depth of 12m allows you to park your vehicles, boats and vans – all easy to manoeuvre with the wide clear quartz driveway. This home is set up to be water friendly with ample rain water tanks. 24/7 camera surveillance, with the property fully fenced. A full selection of fruit trees from, peaches, cherries, grapes, kiwi and banana to name just a few.

Worth your time to inspect – this property is ready for you, whether it be your first home, investment, holiday home or perfect if you are looking for a manageable home with space. Great price and ready to go.

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.

Listing description written by Kylie Lawson, Lawson Real Estate Specialist — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Fully Fenced
  • Grey Water System
  • Living Areas: 1
  • Shed
  • Toilets: 1
  • Water Tank

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.