5/47-48 Franklin Parade, Encounter Bay, SA 5211 | Property Value & History | OnTheHouse
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5/47-48 Franklin Parade
Encounter Bay SA 5211

Bedrooms: 3
Bathrooms: 3
Car spaces: 1
Floor area: 170m2
Land area: 117m2
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Last updated 19 Jan 2026
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Property Details for 5/47-48 Franklin Pde, Encounter Bay

5/47-48 Franklin Pde, Encounter Bay is a 3 bedroom, 3 bathroom Townhouse with 1 parking spaces and was built in 1986. The property has a land size of 117m2 and floor size of 170m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Townhouse
Year Built
1986
Floor Size
170m2
Land Size
117m2
Local Government
Victor Harbor
Lot/Plan
U5/S7371

Last Listing description (January 2026)

Best Offers By 12pm Wednesday 11th February (unless sold prior)

Set on the beautiful Encounter Bay esplanade, 5/4748 Franklin Parade is a generous, two-level seafront apartment capturing panoramic views from The Bluff right around to Granite Island. With the beach directly across the road, you can quite literally step outside and feel the sand between your toes, while enjoying the convenience of a short stroll to local favourites such as Yilki General Store for your morning coffee and paper, or the Beach House Caf for some of the best pizzas in town - and a glass of wine or a cold beer.

This is the only apartment within the Strata Plan to offer three bedrooms and three bathrooms, adding a rare level of flexibility and comfort. The third bathroom is located on the ground floor and includes a shower, vanity and w.c., making it ideal for rinsing off after a day at the beach. Owners also enjoy exclusive access to the private tennis court and BBQ facilities, available only to residents within the Strata Plan.

From the ground level, stairs lead to the main living and dining area, where high raked ceilings enhance the sense of space and natural light. Comfort is assured year-round with reverse-cycle air conditioning and a slow combustion heater. Sliding doors open seamlessly onto the tiled front balcony, creating the perfect spot to enjoy breathtaking sea views and stunning sunrises. Large picture windows capture the magnificent sea and island views. The property has been renovated from top to bottom in recent years, with beautiful bathrooms and a magnificent kitchen, featuring stone benchtops, induction cooktop, dual sink, dishwasher, soft-close cabinetry and walk-in pantry.

Also on this level is the master bedroom, complete with a large built-in robe, ceiling fan and sea views towards Granite Island. The main bathroom features under floor heating, floor to ceiling tiles, stone topped vanity and features a walk in shower with frameless screen, and a separate w.c. The laundry comes with a Bosch washing machine and Bosch condenser dryer and has plenty of cupboard space, with direct access to a rear balcony overlooking the tennis court.

The upper level provides a second living area with ceiling fan and looks down over the open-plan living below. The mezzanine providing a second living space, or home office, comes with plantation shutters for added privacy. Bedroom two with rural views accommodates a king size bed, reverse cycle air conditioning and ceiling fan. Bedroom three is also well sized with a ceiling fan. Both include built-in robes, with bedroom three enjoying uninterrupted seafront views.

A third bathroom on this level offers underfloor heating, a frameless shower, a spa bath and a stone topped vanity with a separate w.c.

Parking is well catered for with two allocated spaces, including a lock-up garage with remote roller door access. The additional car space is adjacent to the entry door. Landscaped gardens and paved pathways enhance the overall presentation of the Strata Plan, with easy access to the private tennis court and BBQ area.

An exceptional seaside offering with spectacular sea and island views, generously proportioned in an unbeatable location. This is a very rare opportunity to secure a magnificently presented, low maintenance, set and forget waterfront property.

The property is available on a walk in walk out basis by negotiation.

Specifications:
CT / 5008/146
Council / Victor Harbor
Zoning / Waterfront Neighbourhood
Built / 1986
Council Rates / $3,361.50pa
Strata Rates / $984.55 pq
Strata Manager / Strata Management SA

Estimated rental assessment / Written rental assessment can be provided upon request
Nearby Schools /Victor Harbor P.S, Victor Harbor H.S.

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 5/47-48 Franklin Pde, Encounter Bay, SA 5211

A timeline of how this property has performed in the market
Last Sold
$630,000
10 Jul 2020
  • 19 Jan 2026
    Listed for Sale $1,450,000 - $1,500,000
  • 10 Jul 2020
    Sold for $630,000
  • 18 Dec 2019
    Listed for Sale $640,500
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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.

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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.