312/123 Franklin Parade, Encounter Bay, SA 5211 | Property Value & History | OnTheHouse
OFF MARKET

312/123 Franklin Parade
Encounter Bay SA 5211

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Last updated 5 Jan 2026
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Property Details for 312/123 Franklin Pde, Encounter Bay

312/123 Franklin Pde, Encounter Bay is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Victor Harbor

Last Listing description (January 2026)

Nestled amongst the backdrop of stunning Encounter Bay, a fantastic opportunity to secure a savvy investment and own your own slice of Fleurieu Paradise.

Located (approx) 1 hour south of Adelaide, this apartment is over 2 levels with each level having its own separate entrance effectively creating 2 x 1 bedroom apartments, each with bathroom, light and bright lounge/dine area and kitchenette.

The 3rd floor apartment has panoramic views of the ocean across to Wright and Granite Islands.

Other features include walk-in/walk-out, built in robes to each bedroom, split system air-conditioning, under cover car parking for each apartment and access to the Resort style facilities including solar-heated outdoor pool, BBQ area, the very popular Whalers Seaside Dining Restaurant downstairs.

This location is ideal, close to the beach and boat ramp, the famous Yilki store and just over the hill is the Heysen Trail taking you along the coast, the sealed bike path starts here and takes you along the coast all the way to Goolwa. Just a 5 minute drive to the buzzing Victor Harbor and in Winter, this is where the whales come.

Offering good rental returns and managed by The Bluff Apartments Management team who look after your investment handing all the bookings and operations. You are also able to spend holidays in your apartment which makes for a win/win.
Combining lifestyle and income, you benefit from both. Don't miss your chance to make this piece of paradise yours!

For further information, please contact Kate Hill on 0418 803 319

Specifications:
CT / 5821/35
Council / Victor Harbor
Zoning / TD
Built / 2000
Council Rates / $1854.30pa
ESL / $120.55pa
Water Rates / $171.40pq

Disclaimer: All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition). Interested parties should make their own enquiries and obtain their own legal and financial advice. Should this property be scheduled for auction, the Vendor's Statement may be inspected at any Harris Real Estate office for 3 consecutive business days immediately preceding the auction and at the auction for 30 minutes before it starts. RLA | 337539

Property History for 312/123 Franklin Pde, Encounter Bay, SA 5211

A timeline of how this property has performed in the market
  • 09 Jan 2026
    Listed for Sale $350,000
  • 13 Mar 2025
    Listed for Sale $350,000
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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 4,184 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 23 properties listed for sale, and 3 properties listed for rent in Encounter bay on OnTheHouse. According to Cotality's data, 211 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.