8 Le Brun StreetTumby Bay SA 5605
Property Details for 8 Le Brun St, Tumby Bay
Last Listing description (April 2023)
Located on a large 3200m2 allotment in the Tumby Bay Industrial area is this fantastic lot.
A 9 year lease still remains to OPTUS corporation for a small portion in the rear corner for approx $500 p/m + CPI offering a great steady income stream for years to come.
There is also a 5.5kw solar panel system and with no electricity useage currently, this also returns approximately $2000 p/a towards the property returns.
The whole property is fully fenced with quality fencing in good condition, has mains water connected and a rainwater tank and of course has mains power connected to the garage also.
This represents a good long term investment with plenty of options to increase the return also.
Property History for 8 Le Brun St, Tumby Bay, SA 5605
- 31 Oct 2015Listed for Sale $200,000 Negotiable
- 25 May 2007Sold for $100,000
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0About Tumby Bay 5605
The size of Tumby Bay is approximately 303.8 square kilometres. There are 16 parks, covering nearly 0.5% of the total area. The population of Tumby Bay in 2016 was 1631 people. By 2021 the population was 1781 showing a population growth of 9.2% in the area during that time. The predominant age group in Tumby Bay is 70-79 years. Households in Tumby Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Tumby Bay work in a managers occupation.In 2021, 72.80% of the homes in Tumby Bay were owner-occupied compared with 74.00% in 2016.
Tumby Bay has 1,491 properties. Over the last 5 years, Houses in Tumby Bay have seen a 98.72% increase in median value, while Units have seen a 104.37% increase. As at 31 July 2026:
- The median value for Houses in Tumby Bay is $560,485 while the median value for Units is $372,145.
- Houses have a median rent of $485 while Units have a median rent of $205.
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