16 O'Connor Street, Tumby Bay SA 5605
16 O’Connor Street, Tumby Bay SA 5605
Large block in coastal town | Circa 2001 brick home | 3 bedroom family layout | Off market with estimated value
This property stands out for its unusually generous land size within a coastal residential setting, offering a rare combination of a modern brick home and substantial outdoor space. The circa 2001 construction means the house is relatively young for the area, reducing immediate maintenance concerns compared to older coastal stock. With three bedrooms and a single bathroom, it serves best as a lifestyle purchase for buyers seeking room to breathe, whether for a family, hobby gardeners, or those wanting future flexibility on a large allotment. The spacious block is its strongest competitive edge, making it uncommon in a street where smaller holdings are more typical.
The estimated value of $506,000 should be weighed against the property’s off market status and the lack of recent sale confirmation. While the large landholding may support a premium over smaller nearby blocks, the single bathroom could limit appeal for some family buyers. The absence of detail on orientation, views, or additional amenities like sheds or pools means a buyer should verify these factors in person, as they might influence both livability and resale potential. School catchment quality and rental demand remain unconfirmed, so local inquiry is advised before forming a final price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 O’Connor Street, Tumby Bay SA 5605
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
Execution Risk
2
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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
3
Bathroom
1
Parking
4
Land
1945m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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