SOLD
Sold on 20 Dec 2023 for $323,000

5203/4 Kurringal Court
Fannie Bay NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 77m2
Sold By
Knight Frank Northern Territory
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Property Details for 5203/4 Kurringal Ct, Fannie Bay

5203/4 Kurringal Ct, Fannie Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 77m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Unit sold in Fannie Bay in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
54m2
Land Size
77m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 10997/UTS2016/050

Last Listing description (January 2024)

Located in one of Darwin's most highly sought after suburbs Fannie Bay, in the modern Akoya complex is this stylish one bedroom apartment. If purchasing your own piece of real estate in a prestigious seaside suburb has always been a dream of yours then look no further than 5203/4 Kurringal Court.

With a contemporary fit out the home is sure to please, it features a modern kitchen with stone benchtops, stainless steel appliances & adjoins the generous sized living area. In true Darwin style the living area flows beautifully out to the balcony where you can comfortably sit back and enjoy the wonderful atmosphere.

The spacious bedroom features a walk-through-wardrobe, quality carpet as well as direct access to both the balcony & well-appointed bathroom.

The complex itself includes all the essential amenities that you would expect in a development of this kind, a fully equipped gym, sparkling resort style pool with communal barbecues adjoining, all of which are surrounded by lush, manicured gardens.

It's easy to see why this thriving beachside neighbourhood is highly sought after with its picturesque walking paths, local cafes, shops & markets, the popular Darwin Sailing & Trailer Boat Clubs, Darwin Turf Club, a number of great schools nearby & not to mention the beautiful beach which is right on your doorstep.

Property Features Include:
- Modern home in a popular seaside locale
- Ideal for the first home buyer or the savvy investor
- Large balcony, perfect for both entertaining & relaxing
- Contempory style kitchen including stone benchtops & stainless steel appliances
- Spacious bedroom with direct access to both the balcony & bathroom
- Quality carpet throughout the living areas & tiles in the wet areas
- Split system air conditioning for year round comfort
- Internal laundry including a linen cupboard
- Excellent complex features a resort style pool, fully equipped gym & communal BBQ area
- Just minutes away from an abundance of amenities including Darwin Sailing & Trailer Boat Clubs, the Darwin Turf Club, highly regarded schools, the Parap pool, local cafes, shops,
markets & more
- A short walk to East Point reserve with its beautiful sandy beach, Lake Alexander, picturesque walking paths & handy fishing spots

Body Corporate: $4,950 p/a (approx)
Council Rates: $1,593 p/a (approx)
On Title: 77sqm
Year Built: 2016
Lease: $425/week (Periodic)

Property History for 5203/4 Kurringal Ct, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$323,000
20 Dec 2023
Listed for Rent
$380/w
13 Aug 2018
  • 20 Dec 2023
    Sold for $323,000
  • 07 Feb 2023
    Listed for Sale UNDER CONTRACT
  • 11 May 2018
    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 1,498 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, 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.