SOLD
Sold on 21 Feb 2024 for $290,000

6/38 George Crescent
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 100m2
Sold By
Colliers Darwin
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Property Details for 6/38 George Cres, Fannie Bay

6/38 George Cres, Fannie Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 100m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Fannie Bay in the last 12 months.

Building Type
Unit
Year Built
1992
Floor Size
66m2
Land Size
100m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 2272/UP 92/053

Last Listing description (February 2024)

This neat and tidy unit is the perfect first buy to enter the housing market. Cheaper than renting. 2 bedroom unit in highly sought-after Fannie Bay location with famous coastal walking tracks and breathtaking sunsets at your doorstep. The first-floor unit features two good-sized bedrooms both air-conditioned. The unit is within walking distance to The Cool Spot Cafe, Fannie Bay Trailer Boat Club, and other popular restaurants and amenities.

- Light-filled open-plan living/dining area
- 2 balcony, private stairway entry

- Bright kitchen with quirky overhead cabinetry
- Light-filled master and second bedrooms with built-in robes
- Combined laundry/bathroom
- Split-system air conditioning throughout
- 1 carpark

Now is the time to secure a vibrant coastal lifestyle. Keep your eyes open for inspection times, it won't last long on the market.

Council rates $1600 per annum
Body corp $1221.00 quarter

Property History for 6/38 George Cres, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$290,000
21 Feb 2024
Listed for Rent
27 Nov 2019
  • 21 Feb 2024
    Sold for $290,000
  • 07 Oct 2022
    Listed for Sale Not Disclosed
  • 05 Nov 2019
    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 1,496 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 10 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.