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.
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
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
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:
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