FOR SALE
AUCTION (USP)

2 Norma Crescent
Encounter Bay SA 5211

Bedrooms: -
Bathrooms: -
Car spaces: -
Auction Time
Sat 7 Dec 11:00 am
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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GENEROUS CORNER ALLOTMENT WITH SPECTACULAR OCEAN VIEWS

AUCTION (Unless Sold Prior): Saturday 7th December 2024 @ 11am.
Agents will be available from 10:30am for registrations.
Positioned in the seaside suburb of Encounter Bay, this prime parcel of land offers an exceptional opportunity to design and build your dream home or idyllic seaside retreat.
With elevated views that stretch across the sparkling waters of Encounter Bay, from the Bluff to Granite Island with its iconic coastline, this is truly an opportunity not to be missed. Encounter Bay is known for its tranquility, natural beauty and proximity to essential amenities, making it ideal for permanent residence or weekend getaways.
A short drive to central Victor Harbor, you'll find a variety of cafes, shops, and general services, plus coastal attractions and stunning beaches to enjoy.
For those who love the outdoors, the Encounter Bikeway runs along the Encounter Bay foreshore, connecting you to popular restaurants & cafes such as the Yilki Store, Beachouse Café, and Whalers Restaurant.
Vacant land ready to build is becoming increasingly rare, not to mention the generous corner allotment being approx. 896sqm with frontages along Norma Crescent and White Crescent.
With no existing structures to demolish, you can get started right away, saving both time and money on construction.
Allotment Details -
Land Size: 896sqm (approx.)
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Property Details for 2 Norma Cres, Encounter Bay

Building Type
Land

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About Encounter Bay 5211

The size of Encounter Bay is approximately 6.6 square kilometres. It has 37 parks covering nearly 11.3% of total area. The population of Encounter Bay in 2011 was 4,332 people. By 2016 the population was 4,898 showing a population growth of 13.1% in the area during that time. The predominant age group in Encounter Bay is 60-69 years. Households in Encounter Bay are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Encounter Bay work in a community and personal service occupation. In 2011, 78.1% of the homes in Encounter Bay were owner-occupied compared with 76.8% in 2016.

Encounter Bay has 4,202 properties. Over the last 5 years, Houses in Encounter Bay have seen a 84.43% increase in median value, while Units have seen a 76.68% increase. As at 31 October 2024:

  • The median value for Houses in Encounter Bay is $748,757 while the median value for Units is $539,214.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 33 properties listed for sale, and 1 property listed for rent in Encounter bay on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Encounter bay.

Suburb Insights for Encounter Bay 5211

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Ben Heaslip
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Rob Heaslip
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South Coast Realty RLA 241454
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.