8/47-48 Franklin Parade, Encounter Bay SA 5211
8/47-48 Franklin Parade, Encounter Bay SA 5211
This 2-bedroom, 2-bathroom apartment / unit with 2 car spaces is positioned in Encounter Bay SA. The property is ideal for low-maintenance living with convenient access to local amenities.
Detailed Independent Property Report prepared by PropCred Analyst team for 8/47-48 Franklin Parade, Encounter Bay SA 5211
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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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 Adelaide’s pricier seaside pockets. Buyers value owner-occupier stability, Victor Harbor’s 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 2–3% over the past six months, reinforcing steady confidence rather than a fast sprint.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
2
Land
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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