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Sold on 20 Sep 2024 - Price Unavailable

38 Wright Terrace
Encounter Bay SA 5211

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Land area: 616m2
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Property Details for 38 Wright Tce, Encounter Bay

38 Wright Tce, Encounter Bay is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 616m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 5 bedroom House sold in Encounter Bay in the last 12 months.

Building Type
House
Land Size
616m2
Local Government
Victor Harbor
Lot/Plan
A4/D61417

Last Listing description (September 2024)

This stunning 2017-built home offers an unparalleled coastal lifestyle. Elevated on a generous 616sqm block, the property enjoys a prime position while being convenient to the beach, local cafes and restaurants. Enjoy awe-inspiring vistas that span from the bustling heart of Victor Harbor to the remote beauty of Younghusband Peninsula, taking in the stunning landmarks of Granite Island and The Bluff. Lucky observers might even spot a majestic whale.

Designed for both relaxation and investment, the property is an established holiday rental with a proven track record of strong returns. Boasting multiple repeat guests and advanced bookings, it presents a lucrative opportunity for discerning buyers. Of course, the home is also perfect for personal enjoyment, allowing you to escape to your own private oasis whenever desired.

Inside, discover a spacious and comfortable layout featuring two levels of living. The upper level is an entertainer's dream, with expansive balcony showcasing the stunning ocean vistas. Multiple living areas provide ample space for family and friends. Five bedrooms and two and a half bathrooms ensure everyone is comfortably accommodated.

Modern conveniences abound, including ducted reverse cycle air conditioning, a substantial 5kW solar system, and rainwater collection - Enjoy significant cost savings with low energy bills!

Outdoor living is equally impressive. The expansive rear verandah is perfect for alfresco dining, while the front balcony offers a serene space to unwind and soak up the coastal atmosphere. The low-maintenance yard requires minimal upkeep, making it ideal for busy lifestyles. A large storage shed with power and lighting provides additional convenience.

This exceptional property offers the perfect blend of luxury, comfort, and investment potential. Don't miss the opportunity to own your dream beach home.

Key Features:
- Prime elevated position with sea views
- Established holiday rental with strong rental returns
- Spacious living areas on two levels
- Five bedrooms and two and a half bathrooms
- Ducted reverse cycle air conditioning
- 5kW solar system, rainwater plus mains
- Low-maintenance yard with large storage shed

DISCLAIMER: Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. Ray White Goolwa / Victor Harbor will not accept any responsibility should any details prove to be incomplete or incorrect - RLA 298107.

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Property History for 38 Wright Tce, Encounter Bay, SA 5211

A timeline of how this property has performed in the market
Last Sold
20 Sep 2024
  • 20 Sep 2024
    Sold for $920,000
  • 30 Jul 2024
    Listed for Sale $895,000 - $945,000
  • 04 Jun 2021
    Sold for $650,000
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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 87.61% increase in median value, while Units have seen a 71.27% increase. As at 30 September 2024:

  • The median value for Houses in Encounter Bay is $748,724 while the median value for Units is $520,952.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 27 properties listed for sale, and no properties listed for rent in Encounter bay on OnTheHouse. According to CoreLogic's data, 218 properties were sold in the past 12 months in Encounter bay.

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Nathan Fry
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Matthew Oldham
Ray White Goolwa
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