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 › Oakham St
$655,000
Last sold
4 Aug 2023
2
Bedrooms
2
Bathrooms
1
Car spaces
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
$655,000
4 Aug 2023 · derived via latest_sale
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
-19.1%
Median sale
Suburb $810,000
+0.83 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
UnknownArea
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 CoastBest Offer By: 12 Noon, 27 July 2023 (Unless Sold Prior)
Price: $670,000
This warm coastal getaway package is easy care in a protected position just a few steps from the waterfront on Franklin Parade.
Built in 2012, the home is located on 330sqm approximately on a corner block in a tightly held stretch of Encounter Bay. A bonus beach cabin adjacent fronts Oakham Street, which could be used as granny flat, teenager retreat or holiday escape. The main house is currently rented permanently with a reliable tenant.
The home enjoys modern features including high ceilings and doors, new split system air conditioning, combustion fireplace, tiled flooring and roller blinds. The open plan living, dining and kitchen space captures your imagination. The galley style kitchen has dishwasher and walk in scullery with laundry. The north facing living area enjoys sliding door access to a lovely courtyard facing Oakham Street. An additional storage niche with built in desk is fitted in the living space.
The home incorporates a master wing with built in robes and sliding doors to the courtyard plus a beautiful ensuite with double vanity, shower and bath. The second bedroom adjacent the dining area incorporates a small ensuite bathroom plus built in robe.
The cabin is easy-care that exudes style offering walk in walk out furniture and fittings.
Additional features include split system air conditioning in the house and the cabin, ceiling fans, 8 solar panels (1.5 kilowatt), NBN, private courtyards, established seaside gardens and single garage facing Encounter Terrace.
This is a very special coastal retreat and investment opportunity for the discerning buyer, close to the water, cafes and restaurants of Encounter Bay.
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. Harcourts South Coast will not accept any responsibility should any details prove to be incomplete or incorrect.
Listing description written by Beth Stratfold, Harris South Coast — reproduced as published, not verified by Districts.
Nearby 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.