11/8 Banyan StreetFannie Bay NT 0820
Property Details for 11/8 Banyan St, Fannie Bay
11/8 Banyan St, Fannie Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 84m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Fannie Bay in the last 12 months.
Last Listing description (October 2024)
Terrific opportunity for first home buyer or investor.
Fabulous ground level unit within minutes to Lake Alexander & the East Point Reserve.
Both bedrooms are spacious, have built in robes and are fully air conditioned.
Neatly presented, freshly painted with potential to update further.
Private rear backyard with plenty of space.
The unit is in a complex of only 11 units.
Fantastic highly sought after Fannie Bay location.
Annual Council Rates - $1,900.00
Qrtly BC Fees - $1,097.00
($995.00 Admin Fund & $102.00 Sinking Fund)
Property History for 11/8 Banyan St, Fannie Bay, NT 0820
- 23 Sep 2024Sold for $285,000
- 27 May 2024Listed for Sale Not Disclosed
- 18 Apr 2023Listed for Rent $400 / week
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0About 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 1,496 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.
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