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Sold on 28 Oct 2024 - Price Unavailable

15/8 Philip Street
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 15/8 Philip St, Fannie Bay

15/8 Philip St, Fannie Bay is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Fannie Bay in the last 12 months.

Building Type
Apartment
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5395/LTO83/001

Last Listing description (October 2024)

Priced to sell - Make an offer!!!

Property Specifics:
Year Built: 1983

Council Rates: Approx. $1.750.00
Area Under Title: 70 square metres
Rental Estimate: Approx. $410 - $450 Per Week
Body Corporate: Whittles
Body Corporate Levies: Approx. $1,551 per quarter
Pet friendly: No Pets
Vendor's Conveyancer: TBC
Preferred Settlement Period: 30-45 days from the contract date
Preferred Deposit: 10%
Easements as per title: None found
Zoning: MR (Medium Density)
Status: Tenanted until 18/02/2025 at $410 p/w

Perfectly positioned in highly sought-after Fannie Bay, this is a rare opportunity to acquire property in Darwin's most exclusive suburb without the price tag. The spacious unit is just a stone's throw from the Fannie Bay Shops and walking distance from all the best spots including the beach, East Point Reserve, Parap Markets and Australia's best sunsets.

- Walking distance to Fannie Bay Shops and beach
- Renovated kitchen with dishwasher & new stove top
- Functional open-plan design
- Floating timber floors in bedrooms
- Large main bathroom
- Airconditioned bedrooms and living area
- High cathedral ceilings
- Top floor location
- Well maintained and in great condition

Tastefully modernised and well maintained, this two bedroom, 1 bathroom unit is perfect for the first home buyer or savvy investor. Unique design boasts high cathedral ceilings giving a sense of space accompanied by floating timber floorboards in the bedrooms and unique slate flooring throughout living and dining areas.
With convenient internal laundry and off street parking, the property also features a private balcony overlooking the tropical gardens.

Gems in this location do not come up often and this is priced to sell!

To arrange a private inspection or make an offer on this property, please contact Evie Radonich 0439 497 199 or Andrew Harding 0408 108 698 at any time.

Property History for 15/8 Philip St, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
28 Oct 2024
Listed for Rent
$440/w
21 Nov 2023
  • 28 Oct 2024
    Sold for $315,000
  • 24 Sep 2024
    Listed for Sale UNDER CONTRACT
  • 07 Nov 2023
    Listed for Rent $440 / week
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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.

Suburb Insights for Fannie Bay 0820

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Contact agent
Evie Radonich
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Andrew Harding
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Ray White 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.