OFF MARKET

12/38 George Crescent
Fannie Bay NT 0820

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 129m2
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Property Details for 12/38 George Cres, Fannie Bay

12/38 George Cres, Fannie Bay is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 129m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1992
Floor Size
87m2
Land Size
129m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 2272/OP 001236

Last Listing description (September 2020)

Text '1238GEO' to 0472 880 252 for all property information.

Immaculately renovated three-bedroom apartment located in the heart of the highly sought-after suburb of Fannie Bay, ideally located only moments from the foreshore, parks, cafes, shops and public transport. Located in a prime position the property is only one street back from the iconic East Point Reserve, a short stroll to the local famous Fannie Bay shops

What we love about this property:

- Open plan tiled living which flows out to the private low-maintenance fenced terrace at rear, perfect for enjoying the fresh breeze and Darwin's tropical lifestyle
- Modernized kitchen is well thought out, and features ample bench and plenty of cupboard space
- Pleasing sized bedrooms, two of them including built-in robes and air conditioning
- Internal laundry
- Glass louvre windows throughout make for a breezy and bright home
- Brand-new security screens for all doors and windows
- Solar hot water on the roof for the whole complex - Low power bill
- 1 parking space on title which is right at your door allocated car parking in a well-maintained boutique complex

This is an amazing opportunity to purchase a highly desirable apartment in a prime location with very reasonable price and excellent growth potential.
.
And it is ready to move in. How good it is!
Don't want to miss your chance, so call now to view this property before it goes!

Council Rates: Approx. $ 1500 per annum
Year Built: 1992
Area Under Title: 129 sqm
Zoning: MD (Multiple Dwelling)
Status: Vacant Possession
Vendors Conveyancer: Stephen Fincher Conveyancing
Body Corporate: Whittles Body Corporate
Body Corporate Levies: Approx. $1658 per quarter
Building Report: Available on request
Settlement period: 30 days
Deposit: 10% or variation on request
Easements as per title: (none found)

Property History for 12/38 George Cres, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$260,000
04 Nov 2020
Listed for Rent
$450/w
17 Dec 2013
  • 04 Nov 2020
    Sold for $260,000
  • 20 Nov 2019
    Sold for $160,000
  • 21 Jun 2017
    Listed for Sale Not Disclosed
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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 1,492 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 12 properties listed for sale, and 6 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.