SOLD
Sold on 08 Feb 2024 for $470,000

11/39 George Crescent
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
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Property Details for 11/39 George Cres, Fannie Bay

11/39 George Cres, Fannie Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1984. The property has a floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Fannie Bay in the last 12 months.

Building Type
Unit
Year Built
1984
Floor Size
95m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5463/UP 87/043

Last Listing description (May 2021)

Current Bid - $350,000

This property is for sale by Openn Negotiation https://bit.ly/3u6wJGg

The Openn Negotiation is underway (online auction with flexible terms for qualified buyers) and the property can sell as early as tomorrow.

Contact the Agent immediately to become qualified and avoid disappointment.

For all property information please text '11GEO' to 0472 880 252

Sure to be popular with first home buyers and downsizers this well maintained rock solid townhouse is situated in a beautiful pocket of the NT's most popular lifestyle suburb 'Fannie Bay'

The property is walking distance to east point reserve, Fannie bay shops, schools, well connected to the city & other major amenities. Lifestyle locations simply don't get any better than this!

Key features include:

Two generous bedrooms upstairs with built in robes
King-sized master bedroom opens to private balcony with views towards east point
Spacious open-plan living/dining area downstairs with immaculate original kitchen
Kitchen opens to sizeable private rear courtyard with established garden (pet/toddler friendly)
Renovated main bathroom upstairs; second toilet downstairs
Split-system air conditioning throughout; built-in linen cupboard off upstairs landing
Low-maintenance floor tiles to downstairs living areas; carpet to upstairs bedrooms
Internal laundry with outdoor access; single carport plus visitor parking
Well-maintained complex features an in-ground pool to cool after utilising nearby walking tracks
Popular blue chip location walking distance to East Point Reserve, beach &shops

With significant growth predicted over the next couple of years now is the ideal time to secure your place in the Darwin property market. Move straight into this well-presented two-bedroom townhouse with a private courtyard, ideally located in a popular blue chip beachside suburb.

An enviable lifestyle awaits the fortunate new owner

About the Property

Council Rates - $1,550 (approx) per annum
Zoning: LMR (Low Medium Density Residential)
Body Corporate Fees - $1,107 (approx) per quarter
Body Corporate Manager - Whittles Body Corporate
Year Built - 1987 (approx) with renovations since
Hot Water System - Electric
NBN Available - Yes
Smoke Alarm Compliant - Yes

Property History for 11/39 George Cres, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$470,000
08 Feb 2024
Listed for Rent
$350/w
29 Apr 2020
  • 08 Feb 2024
    Sold for $470,000
  • 21 May 2021
    Sold for $440,000
  • 30 Mar 2021
    Listed for Sale Under Contract
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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 1,498 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, 75 properties were sold in the past 12 months in Fannie bay.

Suburb Insights for Fannie Bay 0820

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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.