1/18 Harvey Drive, Tumby Bay SA 5605
1/18 Harvey Drive, Tumby Bay SA 5605
This 3-bedroom, 1-bathroom apartment / unit with 1 car spaces is positioned in Tumby Bay SA. The property is ideal for low-maintenance living with convenient access to local amenities.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/18 Harvey Drive, Tumby Bay SA 5605
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
2
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Tumby Bay SA 5605
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 4.4–5.05% 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.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
1
Land
Assessments Delivered Today
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Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst