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.
Independent, Unbiased Research from our PropCred Analyst teamÂ
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 4.4–5.05% 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.