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
$700,000–$730,000
For sale
Asking range
$99,000
Last sold
6 May 2022
0
Bedrooms
0
Bathrooms
5
Car spaces
805 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
Asking
$700,000–$730,000
Asking range · $870/m² of land
Last recorded sale $99,000 (6 May 2022).
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded Land sales in Tumby Bay (last 5 years) with land size have a median of $173/m² of land (n=38). 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
+29.6%
Median sale
Suburb $540,000
-0.96 pp
Gross yield
Suburb 4.18%
Suburb median $540,000 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$43,208 on top of the price (6.2% extra)
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.
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.
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.
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Gross yield if leased at the suburb aggregate is 3.2%. 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
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 SpecialistTake a look at this complete package!! Absolute lifestyle packed property! Everything has been thought of in this modern and captivating home.
As soon as you enter you will be impressed with the beach themed mural that is a sure talking point, the modern neutral grey tones and the sheer size and fantastic use of space. The large kitchen with island bench is fitted with dishwasher, ample storage and overlooks the dining and lounge room. A picture frame window over the sink allows light, but the walk-in pantry is just as impressive with plenty of shelves to fill. This open plan living layout is perfect for entertaining and everyday life.
The enormous master suite features a walk-thru built-in robe, stunning ensuite with dual vanity basins and large shower recess. Quality blinds offer privacy and block out features. The 2nd and 3rd bedrooms have built in robes and are also of good size. There is a bonus study room that is lined with floor to ceiling cupboards, perfect for the craft or office supplies. You will also be impressed with the main bathroom - the sheer space makes this access friendly too.
The home has floating flooring throughout, so no dusty carpets to contend with. You will be comfortable all year round with the multi zone Fujitsu ducted heating and cooling system. 55,000lt of rainwater runs the whole home with the option to switch to mains if required, and a 13kw solar system.
Take a step outside to the shedding, enough to accommodate a caravan, boat, bikes, cars and still room for a workshop with toilet amenities. One section of the rear shed is 6x9m offering height clearance for your caravan and/or boat, which adjoins another 9x6m section. But wait there is more... another 15x7m shed at the front of the property with electric lift garage door allows you to enter directly into the house. There is also an added roller door for side access.
Surrounded by parklands and only a short walk to the Tumby Bay ocean scenic walk. The low maintenance yard, garden beds and easy access adds to the features of this property. Built less than 2 years ago and in pristine condition, from planning to style and design – it's a credit to the owner! This won't be on the market long; it simply ticks all the boxes.
DCTB 2025/2026 rates $2540.80pa
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.
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