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SA › Encounter Bay › Norma Cres

16 Norma Cres, Encounter Bay SA 5211

House

$515,000

Last sold

29 Apr 2022

3

Bedrooms

1

Bathrooms

3

Car spaces

920 m²

Land

127 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $515,000 (29 Apr 2022).(Recorded sale)
  • CalculationLand 920 m² against a 127 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Encounter Bay (last 5 years) with land size: median $1,159/m² of land (n=121). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$515,000

29 Apr 2022 · derived via latest_sale

Local land rate: recorded House sales in Encounter Bay (last 5 years) with land size have a median of $1,159/m² of land (n=121). Districts calculation from recorded sales — not a valuation.

Encounter Bay at a glance

5,480

People

$810,000

Median sale

$545/wk

Median rent

3.50%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Encounter Bay report →

Vs Encounter Bay

-36.4%

Median sale

Suburb $810,000

+2.00 pp

Gross yield

Suburb 3.50%

Suburb median $810,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$515,00029 Apr 2022
  2. Listedprice unknowncompleted1 Mar 2022
  3. Listedprice unknowncompleted1 Mar 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

SA

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $545/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Encounter Bay in one glance

Encounter Bay at a glance

5,480

People

$810,000

Median sale

$545/wk

Median rent

3.50%

Suburb gross yield

Median sale from 11 recorded sales (last 12 months) — a Districts calculation.

See the full Encounter Bay report →

Keep researching

  • Why Encounter Bay? Read the area thesis →
  • What else is on the market in Encounter Bay →
  • Other records on Norma Cres →

Listing material

Listed by South Coast Realty

Spacious Coastal Living on a Generous Allotment

Offering a fantastic coastal lifestyle, the home is a short drive from Encounter Bay esplanade to enjoy popular eateries, boat ramp & walking track/ bikeway - plus just a 5-minute drive from central Victor Harbor for schooling, shopping and general services.

Situated on an approx. 920sqm generous allotment on the seaside of Norma Crs, the brick veneer home features spacious living on a single storey layout.

Porch enters into main hallway with sunken lounge to the left, having R/C air conditioning for heating & cooling comfort.

Read the full description

Hallway flows into central family/ dining area, again with R/C air conditioning and sliding doors out to pergola entertaining space.

Kitchen comprises of electric appliances, sink, surrounding cupboards/ drawers with ample bench space.

Bedroom 3 is opposite kitchen, while offset hallway leads to Bedrooms 1 and 2 (both with BIRs), main bathroom and laundry.

Single carport with auto roller door provides access down right side of home to rear yard, with workshop garage to cater for other vehicles, boat, trailer, etc.

Both front and rear yards feature established gardens, with a large kid-friendly lawned area out back.

A coastal lifestyle waiting for you to enjoy, for more information/ inspection times contact Heaslip Team below;

Ben 0439860891 | Rob 0439995760

FEATURES:

- 2x R/C Air Conditioning

- Workshop Garage & Garden Shed

- Pergola Entertaining

Disclaimer - Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. South Coast Realty will not accept any responsibility should any details prove to be incomplete or incorrect.

Listing description written by Ben Heaslip, South Coast Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Living Areas: 1
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.