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SA › Encounter Bay › Norma Cres

5 Norma Cres, Encounter Bay SA 5211

House

$815,000

Last sold

5 Sept 2024

3

Bedrooms

2

Bathrooms

1

Car spaces

920 m²

Land

165 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 $815,000 (5 Sept 2024).(Recorded sale)
  • CalculationLand 920 m² against a 165 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

$815,000

5 Sept 2024 · derived via latest_sale

Local land rate: recorded House sales in Encounter Bay (last 5 years) with land size have a median of $1,159/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

+0.6%

Median sale

Suburb $810,000

-0.02 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$815,0005 Sept 2024
  2. Listedprice unknowncompleted20 June 2024

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 Harris South Coast

Endless Sea & Island Views

Located in a fabulous, elevated position in beautiful Encounter Bay, you will find this immaculately present two storey beach house. Built by Rivergum Homes Circa 2004, designed to maximise the glorious sea and island views on offer. The upstairs open plan living area is sure to delight, with large windows taking in a panoramic view of the rolling hills of the Hindmarsh Valley to the north, the Victor Harbor township, the spectacular ocean, with Granite and Wright Islands, Seal Rock and "The Bluff" at Encounter Bay, ever prominent. On a clear day you can see all the way past the Murray Mouth down to "The Coorong".

To take full advantage of the glorious north-east facing views on offer, the home comes with a fantastic alfresco deck which has been extended in more recent times, providing a wonderful space for outside entertaining and alfresco living. The kitchen comes with plenty of bench and cupboard space, induction cooktop, pyrolytic oven and Miele dishwasher. New hybrid floating floors have been installed in all living and traffic areas of the home. The master bedroom suite is upstairs, with a sliding glass door providing access to the balcony, whilst again taking full advantage of the glorious views on offer. The bedroom has both a built-in robe as well as a walk-in robe - the ensuite bathroom comes with shower, vanity and wc.

Downstairs has two good sized bedrooms (one with built-in robe), a fabulous extremely spacious bathroom with spa bath, shower and vanity - the wc is separate to the bathroom. The bathroom looks out over the enclosed rear courtyard. In addition, there is a fabulous utility room, currently used as sewing room, but could easily adapt as a games room, downstairs living room or home office. The laundry with good storage space, completes the internal floor plan. You will find ceiling fans in all the bedrooms and upstairs living room.

Read the full description

Moving outside through the back door, you will be sure to be impressed! Enter a large undercover all-weather entertaining area, complete with a fully irrigated fernery. There is a fabulous 6m x 4m lock-up shed with concrete floor and power connected - providing plenty of storage space or room for a workshop. There are two more 2.3m x 2.3m garden sheds as well. You will find raised garden beds, citrus and apricot trees, irrigated lawns front and rear and gates on both sides of the house, providing a safe and secure back yard for both children and pets.

Additional features of the home include a 1.6 kw 10 panel Zen solar system, NBN connection, 15,000 litres of rainwater storage (3 x 5,000 litres each tank) connected to the Chromogen/Midea 280 3 kw heat pump hot water service and a reverse cycle split air-conditioner upstairs. There is a single carport with undercover protection to the front door.

You will be spoilt for choice with so many lifestyle options, conveniently located to the iconic Yilki General Store and Beach House Café, as well as being only a few minutes' drive from the boat ramp and Whalers Seaside Restaurant at the foot of "The Bluff" - all found in beautiful Encounter Bay. For everything else you may need, a five- or six-minute drive will have in the Victor Harbor town centre.

A wonderful lifestyle with stunning hills, sea and island views awaits. This is a home fit for all occasions, be it as a permanent residence, holiday getaway, or permanent rental property.

Listing description written by Mark Forde, Harris South Coast — reproduced as published, not verified by Districts.

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.