SOLD
Sold on 22 Nov 2024 for $217,500

7/91 Ross Smith Avenue
Fannie Bay NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 37m2
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Property Details for 7/91 Ross Smith Ave, Fannie Bay

7/91 Ross Smith Ave, Fannie Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 37m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Fannie Bay in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
54m2
Land Size
37m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 2974/OP 001282

Last Listing description (November 2024)

Welcome to 7/91 Ross Smith Avenue, Fannie Bay! This charming apartment presents a fantastic opportunity for first-time buyers, investors, or those looking to downsize.

Situated in a prime location, this one-bedroom property offers a comfortable and convenient lifestyle. The bedroom is spacious and well-appointed, providing a peaceful retreat at the end of the day. The bathroom has floor to ceiling tiles and features all the necessary amenities.

The open-plan living and dining area is perfect for entertaining guests or simply relaxing. The kitchen is equipped with storage space and oven.

This property also has off street parking space.

Built in 1970, this apartment exudes character and charm.
With plenty of common outdoor garden open space.

Located in the sought-after suburb of PARAP? Fannie Bay, you'll enjoy easy access to nearby amenities, including shops, cafes, restaurants, and public transport options. The beautiful Fannie Bay Beach is just a short stroll away, offering the perfect escape for those warm summer days.

The price guide for this property is $220,000, making it an affordable option for those looking to enter the property market or expand their investment portfolio.

Don't miss out on this fantastic opportunity to secure a well-maintained apartment in a highly desirable location. Contact us today to arrange a private inspection and make this property your own.

Rent appraisal: Approx $400per week
Body Corporate: Approx $760 per quarter
Council Rates: Approx $1700 per year
Area under title: 37 m2

Property History for 7/91 Ross Smith Ave, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$217,500
22 Nov 2024
Listed for Rent
$400/w
17 May 2024
  • 22 Nov 2024
    Sold for $217,500
  • 25 Oct 2024
    Listed for Sale $220,000
  • 07 May 2024
    Listed for Rent $400 / week
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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 1,513 properties. Over the last 5 years, Houses in Fannie Bay have seen a 22.47% increase in median value, while Units have seen a 14.01% increase. As at 30 November 2024:

  • The median value for Houses in Fannie Bay is $884,376 while the median value for Units is $410,799.
  • Houses have a median rent of $815 while Units have a median rent of $573.
There are currently 10 properties listed for sale, and 8 properties listed for rent in Fannie bay on OnTheHouse. According to CoreLogic's data, 73 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.