Suburb Profile Report for Tumby Bay SA (5605)

Tumby Bay House: Median price $264,250, Annual capital growth 2.00%, Number of sales 29, Weekly median advertised rent $250

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Tumby Bay, 5605 should be unhappy with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.12%

Comparing Tumby Bay,5605 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Tumby Bay itself are offering an average vendor discount of -11.50% to real estate investors.

With the median price for a house in Tumby Bay being $264250 and the advertised rent reaching $250 the gross rental yield for property investors calculates out to be 4.92%

Metrics i HOUSE UNIT
$264,250 N/A
-5.12% N/A
-10.12% N/A
2.00% N/A
$250 N/A
29 N/A
4.92% N/A
197.38 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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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