OFF MARKET

3/8 Banyan Street
Fannie Bay NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 59m2
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Last updated 11 Nov 2024
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Property Details for 3/8 Banyan St, Fannie Bay

3/8 Banyan St, Fannie Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 59m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in February 2011.

Building Type
Unit
Year Built
1989
Floor Size
65m2
Land Size
59m2
Local Government
Darwin

Last Listing description (October 2021)

This one bedroom unit is located only minutes walk to beautiful East Point Beach and the Lake Alexandra reserve. Superbly located with a selection of quality retail outlets, restaurants, bakery, butcher, a variety food outlets and supermarket just around the corner. This property is also close to public transport.

This unit is well presented, recently re-painted with new kitchen and bathroom, fully tiled and air conditioning throughout. Great Solid construction.


The bedrooms are spacious with built-in robes. The kitchen is functional with great cupboard and bench space.

This is a good investment opportunity or great starter for the first home buyer so don't miss out.

Unit Size 64 sq metres with 11 units in the complex.

Body Corporate Manager - Whittles

Elders will be practising all required safety measures during an inspection and where possible will provide gloves and hand sanitiser.

Property History for 3/8 Banyan St, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$285,000
11 Feb 2011
Listed for Rent
$200/w
30 Jun 2020
  • 22 Jun 2020
    Listed for Rent - Price not available
  • 29 Nov 2019
    Listed for Rent - Price not available
  • 26 Oct 2017
    Listed for Rent $200 / 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, 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.