OFF MARKET

46 Philip Street
Fannie Bay NT 0820

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 70m2
Land area: 1400m2
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Property Details for 46 Philip St, Fannie Bay

46 Philip St, Fannie Bay is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2022. The property has a land size of 1400m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
2022
Floor Size
70m2
Land Size
1400m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1781/OP 001236

Last Listing description (September 2020)

46 Philip Street, Fannie Bay represents a fantastic opportunity to secure a prime 1,400sqm development site with existing large ground level house, a large pool and shed, in one of Darwin's most exclusive suburbs. There is existing approval and plans for the development of 5 boutique townhouses, or alternatively the option to design and construct something completely different.

- Located within walking distance to East Point foreshore, cafes and the Fannie Bay Shopping precinct.
- Current lease in place provides a stable income stream to manage holding costs

- Limited supply of development opportunities in the Fannie Bay area
- Existing development approval complete with plans, provides a huge cost saving on design work and development consent approval

Enquire today and seize the opportunity to land bank or simply renovate and live in the last remaining development sites in this exclusive coastal suburb of Fannie Bay!

Property History for 46 Philip St, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$1,180,000
06 Jul 2017
Listed for Rent
$900/w
25 Oct 2024
  • 09 Dec 2019
    Listed for Sale $1,200,000
  • 24 Sep 2019
    Listed for Rent - Price not available
  • 02 Aug 2019
    Listed for Sale $1,200,000
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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 1,492 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 12 properties listed for sale, and 6 properties listed for rent in Fannie bay on OnTheHouse. According to CoreLogic's data, 75 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.