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Back 5 Hope Street
Off Market

5 Hope Street

Encounter Bay SA 5211

Land
Last sold for $977,000
Paul SmithPaul Smith, last sold this property on 28 May 2025 after 28 days on market.

Overview

Significant Development Opportunity in Prime Coastal Location!

Best offers by 2pm, Friday 16/5/2025 (unless sold prior) Price Guide $900,000 - $990,000 A rare and exciting offering in the heart of flat Encounter Bay this substantial 2000sqm (approx.) allotment presents a wealth of potential for developers or those seeking to build their dream coastal escape. Spanning the full length between Hope Street and Chapel Street, the site offers versatility for a range of development options including fully or semi-detached dwellings (Subject to all necessary approvals). Power, town water and sewer are all available along Hope Street for the buyer to connect to the property. Zoning is Housing Diversity Neighbourhood. Under this zoning Minimum site area for a detached dwelling is 300 sqm; semi-detached dwelling is 220 sqm; row dwelling is 180 sqm; group dwelling is 275 sqm; residential flat building is 200 sqm. Perfectly positioned just a short stroll to the stunning Encounter Lakes reserve and beach and within easy reach of the vibrant Franklin Parade, including the historic Yilki Store, this location promises an enviable lifestyle for future residents. Opportunities of this scale and location are increasingly hard to find don't miss your chance to capitalise on this exceptional piece of coastal real estate! Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. RLA 62833

Features

Land

Estimated Value

Based on this property and similar land plots sold in Encounter Bay over the last 12 months, the estimated median property value of 5 Hope Street is $350.5k.

Median value
$350.5k
Estimated value range
$240k - $977k
Median days on market
52
Estimated value trend
13%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Encounter Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Hope Street

2025
Sold
$977,000
Private Sale/Treaty on 28 May 2025 by Paul Smith, of Elders Victor Harbor & Strathalbyn

Happy sellers in Encounter Bay

90%
90% of sellers in Encounter Bay reported that their sale price either exceeded or met their price expectations.

Encounter Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in Encounter Bay over the last 12 months.

Local market activity for land plots in Encounter Bay

In the last 12 months, 19 land plots similar to 5 Hope Street, have been sold.

This represents a 19% increase in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Encounter Bay

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Joanne Dean

Joanne Dean is an award winning recommended agent for Encounter Bay.  They have 9 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (160 reviews)
  •  7 Reviews in Encounter Bay
  •  9 Sales in Encounter Bay
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Rebecca Giameos

Sellers who recommend Rebecca Giameos have praised them for being clear communication, local expert, friendly, honest, responsive, dedicated and supportive

  •   5   (85 reviews)
  •  2 Reviews in Encounter Bay
  •  1 Sale in Encounter Bay
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Simon Schwartz

Simon Schwartz is an award winning recommended agent for Encounter Bay.  They have 3 local sales and collected 1 local review across the last 12 months.

  •   5   (8 reviews)
  •  1 Review in Encounter Bay
  •  3 Sales in Encounter Bay
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Michael Robertson

Michael Robertson is an award winning recommended agent for Encounter Bay.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   4.9   (11 reviews)
  •  1 Review in Encounter Bay
  •  2 Sales in Encounter Bay
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