24 Selwyn Drive, Tumby Bay SA 5605

24 Selwyn Drive, Tumby Bay SA 5605
Large coastal house | 292mยฒ building | six-car parking | 857mยฒ block | Tumby Bay location A competitive advantage is found in the unusually generous building area and parking capacity for a coastal township property. With 292mยฒ of internal space and six dedicated vehicle positions, this house is positioned well above typical local offerings. It is considered most suitable for families seeking permanent sea-change living or buyers requiring substantial workshop or boat storage alongside a primary residence. The 857mยฒ land holding reinforces the sense of space without being oversized for ongoing maintenance. Demand in Tumby Bay is driven by lifestyle and fishing access, and this configuration directly addresses the buyer who wants both a family home and room for multiple vehicles or equipment. A specific risk is the inconsistent listing status observed across property portals, which may indicate the house was sold in mid-2024 and subsequently re-listed. This cost to the buyer is the need for independent verification of current availability and whether the seller is testing the market. The opportunity lies in a possible motivated vendor if the property is genuinely back on market after a withdrawn sale. The NBN connection is a supporting value add for remote work feasibility but is not a primary decision driver. Hold this property for long-term coastal lifestyle use or consider it as a managed holiday rental with workshop utility.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 24 Selwyn Drive, Tumby Bay SA 5605
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Market Insight:

Tumby Bay presents a balanced coastal market with healthy fundamentals, attracting buyers with its strong rental yields and consistent sales activity. Recent price growth has been robust, reflecting solid demand, though the market is not overheated, with a balanced supply-demand dynamic. Future growth is expected to be steady, with the primary constraint being a lack of significant new catalysts to drive accelerated capital appreciation.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

6

Land

857mยฒ

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