OFF MARKET

20/123 Franklin Parade
Encounter Bay SA 5211

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 95m2
Land area: 56m2
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Last updated 10 Mar 2025
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Property Details for 20/123 Franklin Pde, Encounter Bay

20/123 Franklin Pde, Encounter Bay is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 56m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2000
Floor Size
95m2
Land Size
56m2
Local Government
Victor Harbor
Lot/Plan
F20/C10019

Last Listing description (July 2017)

What a deal...two for the price of 1 - This 2 level apartment has been the tranquil getaway for so many people over the years ? a place to retreat and relax away from the bustle of city life. Boasting a panoramic view over Encounter Bay, its Islands and the Township, it?s easy to see why people just keep coming back. However, it's time for this apartment to adopt a new owner ? will it be you?
The versatile layout allows for 2 independent units or one larger apartment ? also providing greater rental options and better return.
Comprising ?

Downstairs, Unit 211 is an open plan bed sitter with bathroom and separate wc, separate and vanity. It is a spacious area with tea and coffee making facilities and a mini bar.
Upstairs, Unit 311 is a studio apartment. The carpeted staircase leads to the open plan layout. A larger studio with kitchenette, sectioned main bedroom and main bathroom which boasts floor to ceiling tiling, vanity, shower and spa bath. Picture windows flood the room with natural light and introduce the panorama inside.
The balcony, although small is a special spot to sit and appreciate the holiday lifestyle that comes with the purchase of an apartment lifestyle ? I couldn?t think of a better way to spend your weekends or holidays than soaking up this view.
Benefits of this type of investment include
Strata to maintain gardens & exterior of buildings
Hotel manager to provide onsite service should you decide to rent them out ? including bookings, housekeeping & maintenance.
Heated outdoor pool and BBQ area and Laundry facilities
Restaurant on site with world class views over the boat ramp, islands and Encounter Bay
Walk or cycle along the bike track all the way to Goolwa if desired
If this is even slightly exciting or enticing call me today for further information or to make a time to inspect. Heidi Zitterbart 0410 572 208

Property History for 20/123 Franklin Pde, Encounter Bay, SA 5211

A timeline of how this property has performed in the market
Last Sold
$330,000
22 Dec 2021
  • 22 Dec 2021
    Sold for $330,000
  • 05 Jul 2017
    Sold for $310,000
  • 28 Feb 2017
    Listed for Sale $315,000
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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 4,220 properties. Over the last 5 years, Houses in Encounter Bay have seen a 80.05% increase in median value, while Units have seen a 65.19% increase. As at 28 February 2025:

  • The median value for Houses in Encounter Bay is $750,120 while the median value for Units is $484,628.
  • Houses have a median rent of $523 while Units have a median rent of $410.
There are currently 25 properties listed for sale, and 2 properties listed for rent in Encounter bay on OnTheHouse. According to CoreLogic's data, 214 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 liability for any loss or damage arising in connection with the data and information contained in this publication.