OFF MARKET

115/123 Franklin Parade
Encounter Bay SA 5211

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
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Property Details for 115/123 Franklin Pde, Encounter Bay

115/123 Franklin Pde, Encounter Bay is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1988. The property has a floor size of 130m2.

Building Type
Unit
Year Built
1988
Floor Size
130m2
Local Government
Victor Harbor

Last Listing description (October 2023)

New Price!! Why not turn your dreams into reality!

Holiday yourself or reap the investment returns from others.

This lovely, north facing, 3 bedroom apartment boasts stunning ocean views and gives you the chance to enjoy resort style living.

The beautiful pool in the complex is yours to enjoy, so why not spend your days at the beach and come home and freshen up with a swim in the pool.

Upstairs comprises open plan kitchen/living/dining that is extremely spacious with direct access to large front balcony. The kitchen has plenty of cupboards, dishwasher and great bench space for entertaining. There are 2 bathrooms, one on each level.

Downstairs comprises 3 large bedrooms, all with built in robes.

Large master bedroom has a picture window and built in dressing table/desk.

The main bathroom on this level is complete with spa bath.

Split RC/AC, one undercover carpark and use of the outdoor heated pool and BBQ area.

Only an hour and 15 minutes from Adelaide, so now you can enjoy your weekend escape while enjoying the benefits of a good holiday rental investment property.

What a location, right above Whalers Restaurant and close to the boat ramp for all the fishing enthusiasts.

Do yourself a favour and think about your future today by calling me to register your interest. Now is the right time for your new coastal investment.

Property History for 115/123 Franklin Pde, Encounter Bay, SA 5211

A timeline of how this property has performed in the market
  • 22 May 2023
    Listed for Sale $439,000 to $459,000
  • 08 Aug 2022
    Listed for Sale $400,000 -$440,000
  • 24 Jan 2019
    Listed for Sale $440,000 - $450,000
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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 4,173 properties. Over the last 5 years, Houses in Encounter Bay have seen a 89.06% increase in median value, while Units have seen a 63.72% increase. As at 31 July 2024:

  • The median value for Houses in Encounter Bay is $752,966 while the median value for Units is $492,764.
  • Houses have a median rent of $480 while Units have a median rent of $283.
There are currently 22 properties listed for sale, and 3 properties listed for rent in Encounter bay on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in Encounter bay.

Suburb Insights for Encounter Bay 5211

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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.