SOLD
Sold on 19 Dec 2023 for $322,000

5205/4 Kurringal Court
Fannie Bay NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 76m2
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Property Details for 5205/4 Kurringal Ct, Fannie Bay

5205/4 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 76m2. 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
Land Size
76m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 10999/UTS2016/050

Last Listing description (November 2023)

Currently rented until 21st March 2024 to long term tenant who would love to stay.

Akoya 5205 is located in building 5 (of 5) on the 2nd floor with a pleasant view

Located in the NT's premier lifestyle location 'Fannie Bay' only a short stroll to the Fannie Bay Foreshore, these stylish modern residences have made a great impression in this prestigious seaside location.

A resort style, laid back lifestyle is on offer and is perfect for downsizers, retirees, investors and first home buyers wanting to live in this exclusive location at a very affordable price.

Located just 5kms from the Darwin Central Business district, these ultra low maintenance apartments offer outstanding value and set a new benchmark in secure, urban residential design living.

The lifestyle facilities at Akoya are sensational with no expense spared. Facilities include a large resort style in-ground pool and poolside entertainment area with built-in barbeques and gymnasium all within beautifully landscaped grounds. There is also a community leisure and room for residents as well as an enclosed bike storage area.

The apartments have high quality finishes with designer style kitchens featuring glossy white cabinetry and complemented by stone benches to provide a sophisticated feel. Smeg appliances and a pull out pantry add to the luxury. Both bathrooms are elegant and feature top quality showerheads and tap-ware. The living area and master bedrooms open out to a breezy balcony with a fabulous leafy outlook.
Blending the best of both worlds, this residence offers the peace and privacy of modern apartment while benefiting from the many conveniences of trendy suburbia.

From beach walks along our pristine coastline, to a day at the races or a relaxed coffee with friends, everything is at your fingertips at Akoya with the Iconic Cool Spot metres from your door.

Public Transport, linked bike paths, medical facilities and schools all within easy reach.

You are just a short walk to the Fannie Bay Shops with restaurants, bakery, butcher, Manuels IGA supermarket and more.

Live amongst the best blue chip real estate in the NT for an affordable price a hop, skip & jump to any of the Darwin Sailing Club, Trailer Boat Club, Darwin Ski Club and only minutes to East point reserve, Darwin High School, Museum, Fannie Bay race track, Parap markets, several primary schools, Mindil Beach Markets and Lake Alexander.

Council Rates: $1,550 per annum
Year Built: 2016
Area Under Title: 76 square metres
Zoning: MR (Medium Density)
Status: Currently leased until March 2024 for $410 per week
Market Rate Rental Estimate: $410 to $440 per week
Property Manager: SOLIS Real Estate
Body Corporate: $1,240 per quarter (approx.)
Body Corporate Levies: North Management
Carparking: One car bay on title

Property History for 5205/4 Kurringal Ct, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$322,000
19 Dec 2023
Listed for Rent
$350/w
30 Jul 2020
  • 19 Dec 2023
    Sold for $322,000
  • 04 Oct 2023
    Listed for Sale SOLD
  • 06 May 2020
    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 32.12% increase in median value, while Units have seen a 25.85% increase. As at 31 August 2024:

  • The median value for Houses in Fannie Bay is $939,517 while the median value for Units is $462,035.
  • Houses have a median rent of $850 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Fannie bay on OnTheHouse. According to CoreLogic's data, 81 properties were sold in the past 12 months in Fannie bay.

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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.