OFF MARKET

5 Cooper Street
Fannie Bay NT 0820

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 909m2
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Property Details for 5 Cooper St, Fannie Bay

5 Cooper St, Fannie Bay is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1957. The property has a land size of 909m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Year Built
1957
Floor Size
93m2
Land Size
909m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 3127/OP 001286

Last Listing description (October 2017)

This is a once in a lifetime opportunity to secure an amazing property in one of the most tightly held and highly sought-after suburbs in Darwin.
Located a few steps from the Fannie Bay Race Course, 5 Cooper st Fannie Bay is perfectly located within the catchment area for the Parap Primary School and Darwin Middle and High Schools.
Offering:

* The classic - worst home in the best street situation with the added bonus of being in one of the best suburbs in Darwin.
* Ripe for serious renovation
* Great location - Short walk through to Fannie Bay Race Course, catchment area for the Parap Primary School, Darwin Middle & High Schools, Parap Village
* Within an easy bike ride to Fannie Bay foreshore and Lake Alexander
* Home is an elevated 'Boomerang' shaped design with 3 bedrooms, 1 bathroom
* Fully fenced 925m2 block that comes with a garden shed
* Upstairs is a large open living and dining area
* Older style but functional kitchen with wrap around counters and overhead storage
* Bathroom includes bath tub and sep toilet
* Perfect for the renovator seeking location and lifestyle
Auction Details
* Auction on site 7th October 11am (Unless sold prior)
* Terms: 10% Deposit payable by successful bidder (unless otherwise agreed)
* Settlement: 45 days from date of contract
Property Details
* Lot: 3127 Town of Darwin
* Size: 925m2
* Zoning: SD (Single Dwelling)
* Easements: Nil known
* UCV: $660,000 (2014)
* Rates: $1,600 pa (approx)
* House Built: Circa 1957
* House Size: 100m2 (approx.)
* Certificates: House: Pre 1975 issued 10/03/1986 | Shed: 15m2 - Coded 1/04/1987
* Current lease in place until October 2017
* Current rental: $350pw
The home is protected from the street with a screen of tropical gardens and a low slung fence with gated entry that leads through a winding driveway to the under home parking space. The property is in desperate need of renovation so be prepared when you inspect.
Upstairs timber flooring span underfoot and there are banks of louvered windows throughout allowing for excellent cross-flow ventilation. The living and dining areas area spacious and the kitchen sits separately and offers wrap around counters and bench space with overhead storage too.
Each of the three bedrooms is a good size and includes a built in robe space for storage along with timber flooring and walls of louvers. The bathroom is basic and includes a bath tub and small vanity with a separate toilet facility.
Under the home is a concrete slab with plenty of space for storage, parking or outdoor entertaining. There is an exposed laundry overlooking a well shaded yard and a handy garden shed.
The property is ready for your extensive renovation ideas and could be transformed into a working family home with a bit of ingenuity and creative flair. The location certainly lessens the risk of over-capitalisation and in time your family could be living the dream - in the dream home - in the dream location.
Trendy cafes and restaurants, the Parap Swimming Pool, Shopping Village and iconic Parap Markets are within strolling distance and provide the ideal Saturday morning leisure options. A short drive or bike ride away Lake Alexander and the gorgeous Fannie Bay foreshore provide close at hand picnic options.
See George Pikos on site or call for more details 04 3800 4800

Property History for 5 Cooper St, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$635,000
21 Nov 2017
Listed for Rent
$350/w
27 Mar 2017
  • 21 Nov 2017
    Sold for $635,000
  • 14 Sep 2017
    Listed for Sale Bidding from $600,000
  • 14 Mar 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 1,510 properties. Over the last 5 years, Houses in Fannie Bay have seen a 29.77% increase in median value, while Units have seen a 3.18% increase. As at 30 September 2024:

  • The median value for Houses in Fannie Bay is $957,724 while the median value for Units is $424,505.
  • Houses have a median rent of $830 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 7 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.