If you compare the increase in value of investment property in Tumby Bay, 5605 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this SA suburb was -10.94%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Tumby Bay has fallen somewhat when compared to the 5 year average annual rate.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.57% offered to property buyers. Sellers in Tumby Bay itself are offering an average vendor discount of -9.24% to real estate investors.
Residents and property investors in Tumby Bay have been waiting around 216.04 days to sell a property.