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.
SA › Encounter Bay › Matthew Flinders Dr
$890,000
Last sold
22 Mar 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
553 m²
Land
200 m²
Building
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$890,000
22 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Encounter Bay (last 5 years) with land size have a median of $1,152/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.
Vs Encounter Bay
+9.9%
Median sale
Suburb $810,000
-0.32 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 data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Harris South CoastFound in a prime position on one of the widest sections of the lake, located on a bend with tranquil water views looking back towards Lakeside Beach in one direction and the full expanse of the lake in the other. The sparkling waters glisten and the views from inside the home are simply magical. The Marshall Thompson home was built Circa 1994 and has been a much-loved home for its current owners of the last 25 years. An added attraction is the property is located next door to "Allenby Parsons Reserve", complimenting the beauty of the setting, together with the added privacy it provides.
The roadside façade of the home features a bluestone veneer, with rendered quoins, base and bands. A wide paved driveway welcomes you up to the home, providing off-street parking for two vehicles, together with an additional roadside carpark. On entering the home to the right of the entrance hall, you will find the master bedroom suite, complete with ensuite bathroom and walk-in robe, a door to your left provides internal access to the two-car garage with two auto roller doors. Moving on through the entrance hallway you will enter the first of two living rooms - a very spacious room which has been used as games room and dining room. A sliding door provides access into the lovely north facing courtyard (which is also accessed from the garage), throwing lots of natural light into the room. From here you move into the open plan kitchen/dining and living room - prepare to be totally captivated by the splendour of the spectacular water view on offer. The view from every corner of the room is simply magnificent - in the cooler months, the winter sun floods in - a glass sliding door providing access to the outdoor patio, complete with café blinds. Being north facing the patio is beautifully protected from the prevailing winds making it a most enjoyable spot for outdoor barbecues and alfresco entertaining. A very handy storeroom can be accessed from the patio. The lakeside garden is trellised with a small area of lawn and established garden - both the front and back garden are on an automatic watering system. For those who fancy a swim or who want to join the kayaking action on the lake, there is a landing from where you launch, or why not try your hand at catching a fish or two!
A hallway leads off to the side of the living room, providing access to another two bedrooms, laundry and main bathroom with spa bath, shower, vanity and separate wc. Other features of the home include 2.7m ceilings, NBN connection and a 16 panel solar system. There is a side gate and paved pathway which houses the utilities, whilst providing easy external access to both the front and back gardens.
The position is amazing - the views are to die for - close to the Lakeside Beach and "Boulevard Café on the Lake" and a comfortable walking distance to the beautiful coastal path found along Franklin Parade at Encounter Bay. The South Coast District Hospital is just around the corner and all of the wonderful features that make Victor Harbor such a popular destination is just a five-minute drive away. A wonderful place to call home, or an idyllic holiday escape perhaps?
Sit back, relax and be consumed by the beauty of the lake!
Listing description written by Mark Forde, Harris South Coast — reproduced as published, not verified by Districts.