OFF MARKET

3/8-10 Philip Street
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 73m2
Land area: 70m2
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Property Details for 3/8-10 Philip St, Fannie Bay

3/8-10 Philip St, Fannie Bay is a 2 bedroom, 1 bathroom Unit and was built in 1983. The property has a land size of 70m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in October 2009.

Building Type
Unit
Year Built
1983
Floor Size
73m2
Land Size
70m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 5395/LTO83/001

Last Listing description (October 2024)

Habitat Real Estate has available this TWO bedroom ONE bathroom ground floor unit for sale in Fabulous Fannie Bay. Fannie Bay is a sought after location, this is a great opportunity for first time home buyers to live close to the beach, East Point Reserve, shops and restaurants, public transport and much more.

Comprising the following-

- Open plan lounge with split system airconditioning

- Functional kitchen with ample cupboard space that opens up to the dining and lounge area
- Spacious master bedroom with mirrored built-in robe
- Second bedroom with split system airconditioning
- Main bathroom with internal laundry
- One offstreet carpark

The property also features a small front patio to enjoy the tropical garden surrounds and large communal swimming pool.

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

Tenancy: Leased at $430 per week (over 7% rental yield). Expiry 7th May 2025
Body Corporate: $1,335 approximately per quarter (admin and sinking fund)
Council Rates: $1,700 approximately per annum

Property History for 3/8-10 Philip St, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$348,000
09 Oct 2009
Listed for Rent
$425/w
10 May 2023
  • 10 Apr 2024
    Listed for Sale $290,000 (over 7% yield)
  • 28 Apr 2023
    Listed for Rent $425 / week
  • 07 Feb 2017
    Listed for Rent - Price not available
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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 1,512 properties. Over the last 5 years, Houses in Fannie Bay have seen a 22.47% increase in median value, while Units have seen a 14.01% increase. As at 30 November 2024:

  • The median value for Houses in Fannie Bay is $884,376 while the median value for Units is $410,799.
  • Houses have a median rent of $815 while Units have a median rent of $573.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Fannie bay on OnTheHouse. According to CoreLogic's data, 78 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.