FOR SALE
$350,000

10/38 George Crescent
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 117m2
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Great Investment Or Starter Home!

This ground floor unit has been renovated throughout and features a well designed floor plan with excellent use of space.
Currently rented until April 2025, this unit has a gross yield of approximately 6%
Featuring:
• Updated kitchen is custom designed, featuring ample cupboard and bench space
• Light and bright open plan living area with louvre windows for enjoying those
fantastic breezy afternoons
• Both bedrooms are generously sized, with a king sized master and both are
complete with built in wardrobes and split system air conditioning
• Fully tiled and air conditioned throughout
• Modern bathroom with floor to ceiling tiles and plenty of under vanity storage
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Property Details for 10/38 George Cres, Fannie Bay

10/38 George Cres, Fannie Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 117m2. The place is currently for sale with Raine & Horne Darwin.

Building Type
Unit
Land Size
117m2

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About Fannie Bay 0820

The size of Fannie Bay is approximately 2.1 square kilometres. It has 15 parks covering nearly 38.7% of total area. The population of Fannie Bay in 2011 was 2,514 people. By 2016 the population was 2,623 showing a population growth of 4.3% in the area during that time. The predominant age group in Fannie Bay is 30-39 years. Households in Fannie Bay are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Fannie Bay work in a professional occupation. In 2011, 48.1% of the homes in Fannie Bay were owner-occupied compared with 51.4% in 2016.

Fannie Bay has 1,513 properties. Over the last 5 years, Houses in Fannie Bay have seen a 22.47% increase in median value, while Units have seen a 14.01% increase. As at 30 November 2024:

  • The median value for Houses in Fannie Bay is $884,376 while the median value for Units is $410,799.
  • Houses have a median rent of $815 while Units have a median rent of $573.
There are currently 10 properties listed for sale, and 8 properties listed for rent in Fannie bay on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Fannie bay.

Suburb Insights for Fannie Bay 0820

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Paige Crow
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Glenn Grantham
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Raine & Horne Darwin
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.