Suburb Profile Report for Tumby Bay SA (5605)

Tumby Bay House: Median price $278,500, Annual capital growth 3.90%, Number of sales 29, Weekly median advertised rent $250

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Tumby Bay has had a very poor year for property investment returns compared to the rest of SA, giving investors a capital gain of -3.97% to date .

The five-year average increase in median property values for Tumby Bay,5605 has given property investors a potential capital gain of -6.07% across each of those five years.

Property investors looking for a bargain in Tumby Bay should be aiming for at least -10.99% off the asking price, which is the average vendor discount being achieved at the moment.

Tumby Bay, 5605’s gross rental yield is 4.67%

Metrics i HOUSE UNIT
$278,500 N/A
-2.28% N/A
-3.97% N/A
3.90% N/A
$250 N/A
29 N/A
4.67% N/A
197.17 N/A

Source: CoreLogic

DSR Score for property investment : Poor (U), Balanced (H)
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Demographics
Total population 1826
Median household income ($/weekly) 735
Median age of persons 51
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 210 11.5
    35-44 years 196 10.7
    45-54 years 221 12.1
    55-64 years 291 15.9
    65-74 years 257 14.1
    Others 651 35.7
    Age Group
    Census Count Percent(%)
    Registered Married 762 58.0
    Not Married 448 34.1
    Defacto Relationship 103 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1665 94.0
    Greece 8 0.5
    New Zealand 9 0.5
    United Kingdom 73 4.1
    Other 5 0.3
    Others 11 0.6
    Country of Birth
    Census Count Percent(%)
    Christianity 1151 68.9
    No Religion 514 30.8
    Buddhism 6 0.4
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 96 13.9
    $400-$599 133 19.3
    $600-$799 77 11.2
    $800-$999 59 8.6
    $1,500-$1,999 74 10.7
    Others 250 36.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 666 45.4
    Employed, worked full-time 440 30.0
    Employed, worked part-time 276 18.8
    Employed, away from work 56 3.8
    Unemployed, looking for work 30 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 198 25.6
    Professionals 86 11.1
    Technicians & trades workers 107 13.9
    Clerical & administrative workers 79 10.2
    Labourers 100 13.0
    Others 202 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 30 9.9
    Infants/Primary 149 49.3
    Secondary 83 27.5
    Technical or Further Educational Institution 23 7.6
    University or other Tertiary Institutions 9 3.0
    Others 8 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1519 92.5
    Flat, unit or apartment 66 4.0
    Semi-detached, row or terrace house, townhouse 43 2.6
    Caravan, cabin, houseboat 15 0.9
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 334 45.6
    Being purchased 197 26.9
    Rented 197 26.9
    Other tenure type 4 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals