OFF MARKET

2/3 Banyan Street
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 74m2
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Property Details for 2/3 Banyan St, Fannie Bay

2/3 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 74m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
Unit
Year Built
1989
Floor Size
57m2
Land Size
74m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1708/UP 89/024

Last Listing description (October 2022)

Presented by the JH Team

This unit offers a welcoming opportunity for coastal suburban living, with a small complex of eight units fronted by a lush shared green space maintained by the body corporate for rest and relaxation. Ideally positioned only steps away from the edge waters edge of Fannie Bay, this unit provides easy access to local amenities and those in Darwin City alongside a beautiful beachside lifestyle.

Immediately, this apartment establishes an atmosphere of quiet coastal comfort. The combined dining, kitchen and living area welcomes you into air-conditioned comfort, with a wealth of natural light pouring in from panels of new louvred windows reflecting off the vinyl plank flooring. The new kitchen boasts soft close doors and drawers, quality appliances including a Bosch gas stovetop with wok burner, Bosch electric oven and an LG dishwasher as well as space for a washing machine to allow for extra storage in the laundry. Each of the two bedrooms in this unit are perfectly sized and inviting, enjoying floor-to-ceiling windows with new dedicated air conditioning units and built-in wardrobes to make the most of available space. Beyond the units kitchen and bathroom lies an entertaining area with a lawn, maintained by the body corporate. The unit also enjoys access to a large saltwater pool, with all eight units serviced by a solar hot water system.

The position of this unit makes for a perfect blend of coastal suburban relaxation with easy access to the amenities of nearby Darwin. Local shopping options include the Fannie Bay Cool Spot and IGA supermarket which are only a five-minute stroll from home, while the Trailer Boat and Sailing Boat Clubs are just over a ten-minute walk. A local bus stop is just around the corner from this unit, providing access to Darwins public transportation network to the CBD and out to Casuarina. This unit includes a dedicated parking space on the title, making for easy ten-minute commutes into Darwin City or thirteen-minute drives out to Casuarina Shopping Centre. If you need to travel further afield, Darwin Airport is only twelve minutes away by car. Lastly, when Friday night rolls around and youre ready for some waterfront relaxation, the foreshore and its walking and cycling trails are only a two-minute walk away.

This property will suit a young professional, or a retired couple, looking for a modern, low-maintenance unit in a perfect location or a savvy investor looking to invest in one of Darwin's blue-chip suburbs.

- Air-conditioned bedrooms and living area
- Lush green space maintained by body corporate
- Unit complex parking available
- Saltwater swimming pool in unit complex
- Walking distance to East Point
- Local dining and shopping within walking distance
- Education options within ten minutes
- Ten minutes to the heart of Darwin

Inspect with the JH Team today

Property History for 2/3 Banyan St, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$300,000
07 Oct 2022
Listed for Rent
17 Dec 2020
  • 07 Oct 2022
    Sold for $300,000
  • 02 Aug 2022
    Listed for Sale OFFERS OVER $295,000
  • 31 May 2021
    Sold for $245,000
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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, 76 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.