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 › Octoman St
$410,000
Last sold
27 Jan 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
777 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$410,000
27 Jan 2023 · 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
-24.1%
Median sale
Suburb $540,000
+1.32 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.
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 SpecialistWelcome home to this spacious and roomy home. With 2 living areas, 4 bedrooms + study and 2 bathrooms – sure to please a crowd. Location is very central with everything a short easy walk.
From first entry you can see the large living areas with centralised kitchen. U shaped kitchen which also utilizes the adjoining space for your fridge/freezer and additional shelving and cupboards.
The home has had some extensive work from wiring, plumbing and the extension making this home the great space it is today. The original section of the home we have been told has jarrah floorboards throughout and the Pegulan vinyl has been laid to match with the extension (as this doesn't have floorboards underneath).
3 of the 4 Bedrooms have built in robes and ceiling fans. The back bedroom also adjoins a large study room with built in desk – this makes for so many endless options.
Outside entertaining is all part of the seaside lifestyle at Tumby Bay. You will love the all weather paved pergola area. Low maintenance garden and lawn areas, and even a cubby and clothesline discreetly tucked away. Rear yard access from the side alley, a large partially enclosed carport that also allows access to the double garage.
Available for occupancy on settlement - perfect opportunity to move straight into your own home.
With so much to offer you better be quick to inspect.
The entire house was reroofed in 2008/09 with new gutters also fitted.
Split System installed approx. 2016
3.5kw solar unit installed approx. 2010
4 large rain water tanks installed and plumbed to the house (except the toilets)
External house - 6cm thick insulated cladding and rendered/painted
Council Rates: 2022/2023 $555/qtr
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.