3 Smith Street, Tumby Bay SA 5605
3 Smith Street, Tumby Bay SA 5605
This 3-bedroom, 1-bathroom house with 4 car spaces is positioned in Tumby Bay SA. The property is suited to family living in an established residential setting.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 3 Smith Street, Tumby Bay SA 5605
Market Insight:
Local demand is underpinned by limited stock, coastal interest and investor appeal, with 39 houses sold in the past year, 96 median days on market and rental yields near 4.4โ5.05% keeping competition tight. Buyers can still enter at roughly $500,000 with solid rents, so momentum remains positive, keeping the six-month direction upward as the house market climbed about 25% year-on-year and median sales hover at that level. Risks stem from a small market of just 33 houses and six units sold in the past year, so future growth relies on keeping buyer interest while prices stay on an upward trajectory.