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SA › Tumby Bay › O Connor St

15 O Connor St, Tumby Bay SA 5605

For saleHouse for Sale

$485,000–$499,000

For sale

Asking range

3

Bedrooms

1

Bathrooms

4

Car spaces

419 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $485,000–$499,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $485,000–$499,000(Listing record · 24 July 2026)
  • FactLand 419 m²; no building size recorded.(Property record)
  • CalculationAsk is 10% below the Tumby Bay median recorded sale ($540,000, n=23, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Tumby Bay's advertised median rent ($434/wk), implied gross yield would be 4.65% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

The ask against the evidence

Asking

$485,000–$499,000

Asking range · $1,158/m² of land

No recorded sale for this property.

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

-10.2%

Median sale

Suburb $540,000

+0.47 pp

Gross yield

Suburb 4.18%

Suburb median $540,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$485,000
Stamp Duty (South Australia)
$20,580
Transfer/Registration Fee
$4,973
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$514,253

$29,253 on top of the price (6.0% extra)

  • Stamp Duty (South Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: South Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Tumby Bay's advertised median rent — not a rent for this listing.

Net yield
3.15%
Annual cashflow (pre-tax)
$-9,927
Interest cover (DSCR)
0.61
Annual rent
$22,568
Operating expenses
$7,275
Loan amount
$388,000
Annual interest
$25,220
Gross yield
4.65%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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. Listed$485,000–$499,000available24 July 2026

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?

Planning 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.

What could kill that thesis?

Confidence: low

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

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

Gross yield if leased at the suburb aggregate is 4.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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 O Connor St →

Listing material

Listed by Kemp Real Estate

Downsize without Compromise

Whether you're looking to simplify your lifestyle, secure a low maintenance home for retirement, or add a quality property to your investment portfolio, this modern three-bedroom residence offers comfort, practicality and outstanding ease of living. Designed on a level allotment with minimal upkeep in mind, it provides everything you need to enjoy more time doing the things you love.

Inside, the light-filled open plan living area creates a welcoming space to relax or entertain, featuring easy care timber look flooring, a ceiling fan and split system air conditioning for year-round comfort. The well appointed kitchen offers soft close drawers, a generous pantry and ample cupboard space, while a cleverly concealed laundry keeps the home looking neat and streamlined.

Three well proportioned bedrooms provide comfortable accommodation, with two featuring built in robes and ceiling fans. The spacious main bedroom enjoys a walk in robe, ceiling fan and direct access to the two-way bathroom, complete with a shower, vanity and toilet, while a separate adjacent toilet adds extra convenience for guests.

Read the full description

Outside, the appeal continues with fully paved front and rear yards, eliminating the need for regular gardening while creating a clean, low maintenance environment. The secure rear yard is fully fenced and includes a rainwater tank plumbed to the home, while the under main roof garage provides internal access for added convenience. A full length side parking area offers excellent space for caravans, boats, trailers or additional vehicles and leads to a handy garden shed for extra storage.

Offering modern comfort, exceptional practicality and an easy care lifestyle, this is a fantastic opportunity for retirees, downsizers or investors seeking a quality property with room for all the extras.

Located on the picturesque Eyre Peninsula, Tumby Bay is renowned for its relaxed coastal lifestyle, pristine beaches and welcoming community. Whether you're enjoying a morning stroll along the foreshore, casting a line from the jetty, exploring the local cafés and shops, or taking advantage of the town's excellent medical facilities and everyday services, everything you need is close at hand. With its peaceful atmosphere, vibrant community spirit and easy pace of life, it's no surprise Tumby Bay continues to be a sought after destination for retirees, holidaymakers and those looking to embrace coastal living year round.

Call Bronte today on 0428 272 006 to make a time to view this easy living opportunity.

*All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, boundary overlays, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal advice. Some images in this advertisement include AI-generated virtual furniture and décor for illustrative purposes only. These images are intended to demonstrate the potential use of the space. Interested parties are advised to inspect the property to satisfy themselves as to its current presentation and condition.

Listing description written by Bronte George, Kemp Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

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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.