OFF MARKET

1/7 Banyan Street
Fannie Bay NT 0820

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 1425m2
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Last updated 11 Nov 2024
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Property Details for 1/7 Banyan St, Fannie Bay

1/7 Banyan St, Fannie Bay is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1981. The property has a land size of 1425m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
1981
Floor Size
110m2
Land Size
1425m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1710/UP 81/066

Property History for 1/7 Banyan St, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$480,000
11 May 2023
  • 11 May 2023
    Sold for $480,000

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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 1,497 properties. Over the last 5 years, Houses in Fannie Bay have seen a 25.09% increase in median value, while Units have seen a 17.78% increase. As at 31 October 2024:

  • The median value for Houses in Fannie Bay is $916,420 while the median value for Units is $404,424.
  • Houses have a median rent of $830 while Units have a median rent of $575.
There are currently 16 properties listed for sale, and 9 properties listed for rent in Fannie bay on OnTheHouse. According to CoreLogic's data, 77 properties were sold in the past 12 months in Fannie bay.

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