29 Cakebread Road, Encounter Bay SA 5211
29 Cakebread Road, Encounter Bay SA 5211
5 bed 3 bath on 770mΒ² corner lot|Elevated ocean views|1988 build with solar panels|Bushfire overlay noted|144
Spacious dual-level configuration suits extended families or retirees seeking flexibility, with 342mΒ² under roof and 2-car garage. Positioned on a commanding corner in hills neighbourhood zone, it captures horizon vistas while 5km from Ocean Street retail and cafes. Appeals to sea-change buyers in 60+ heavy demographic (45%), families with access to Investigator College (9.85km, R-6 govt, 251 students) and Victor Harbor High (2.7km). NBN fibre and 4G reliable.
Demand steady for large beachside homes with views; fresh 2026 listings signal buyer interest in updates. Location perks include bay proximity, no flood/heritage issues; drawbacks are bushfire risk and 39m elevation isolation from core Victor Harbor. Growth from regional appeal, potential reno upside. Rental demand solid for 5-beds. Opportunities in modernising for yield; risks from fire prone area.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Encounter Bay demand is anchored by its coastal lifestyle, retirees and sea-changers seeking a quieter pace, and investors chasing modest yields while affordability still beats AdelaideΒs pricier seaside pockets. Buyers value owner-occupier stability, Victor HarborΒs amenities and steady rental demand, though growth depends on local services amid an ageing population and limited supply that can spur periodic spikes when stock becomes available. Prices have risen gently around 2Β3% over the past six months, reinforcing steady confidence rather than a fast sprint.