105/123 Franklin Parade, Encounter Bay, SA 5211 | Property Value & History | OnTheHouse
OFF MARKET

105/123 Franklin Parade
Encounter Bay SA 5211

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 118m2
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Property Details for 105/123 Franklin Pde, Encounter Bay

105/123 Franklin Pde, Encounter Bay is a 3 bedroom, 2 bathroom Unit and was built in 1988. The property has a floor size of 118m2.

Building Type
Unit
Year Built
1988
Floor Size
118m2
Local Government
Victor Harbor

Last Listing description (July 2020)

If low maintenance resort style living has it appeal, then look no further! This fabulous three bedroom apartment enjoys the most picturesque ocean views - north facing and enjoying the benefits of the winter sun, the views take in beautiful Encounter Bay, Victor Harbor township and Port Elliot. On a clear day you can see all the way to The Coorong.

There are two bathrooms (one on each level) - upstairs is at street level so the bathroom with shower and wc is well positioned being close to the door to cater for those retuning from the outdoor heated pool, or from a swim or surf at the beach. Upstairs is open plan incorporating kitchen/living/dining with access to the large tiled front balcony. The kitchen has lots of cupboard and bench space, has soft close drawers and dishwasher. The spacious balcony comfortably accommodates a large outdoor setting, which has a retractable awning for protection from the summer sun and provides an awesome spot to watch the boats come and go from the nearby boat ramp and watch the spectacular sunrises and sunsets. The front wall is glass looking out to the balcony and view, which really ads to the Mediterranean feel of the apartment.
Downstairs you will find the three large bedrooms - all have built in robes and ceiling fans. The master bedroom is larger, has a picture window and built in dressing table/desk depending on your need. The main bathroom has been recently renovated and comes with floor to ceiling tiles, a large spa bath, shower, vanity and wc.

Other features of the apartment include reverse cycle split unit air conditioning, lock-up cupboards for those who would like to holiday rent, one undercover car park and use of the outdoor heated pool and barbecue facilities.
Located only an hour and fifteen minutes' drive from the CBD of Adelaide makes this apartment the perfect weekend escape and an equally good holiday rental proposition for those seeking a return on investment.
Another huge attraction of the property is its close proximity to popular "Eat at Whalers" restaurant - you only have to walk out of the apartment to find a coffee, breakfast, lunch or dinner at your doorstep. Magnificent shoreline walks beckon along beautiful Franklin Parade and for those more adventurous, along the Heysen Trail which runs from The Bluff, past Petrel Cove, along the rugged Waitpinga Cliffs and coastline.
Simply beautiful in summer, cosy and magnificent in winter and with nothing to do!! This is your set & forget holiday destination!

Property History for 105/123 Franklin Pde, Encounter Bay, SA 5211

A timeline of how this property has performed in the market
  • 22 Dec 2017
    Listed for Sale $490,000 - $515,000
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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 2016 was 4901 people. By 2021 the population was 5305 showing a population growth of 8.2% in the area during that time. The predominant age group in Encounter Bay is 70-79 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 2021, 79.20% of the homes in Encounter Bay were owner-occupied compared with 76.80% in 2016.

Encounter Bay has 4,185 properties. Over the last 5 years, Houses in Encounter Bay have seen a 80.57% increase in median value, while Units have seen a 73.01% increase. As at 31 December 2025:

  • The median value for Houses in Encounter Bay is $819,237 while the median value for Units is $608,439.
  • Houses have a median rent of $575 while Units have a median rent of $420.
There are currently 22 properties listed for sale, and 1 property listed for rent in Encounter bay on OnTheHouse. According to Cotality's data, 204 properties were sold in the past 12 months in Encounter bay.

Suburb Insights for Encounter Bay 5211

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.