OFF MARKET

8/3 Banyan Street
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 75m2
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Property Details for 8/3 Banyan St, Fannie Bay

8/3 Banyan St, Fannie Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 75m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
1989
Floor Size
71m2
Land Size
75m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1708/OP 001184

Last Listing description (May 2016)

Best value in Fannie Bay, possibly the best value in the whole of Darwin?
I am biased, I live in Fannie Bay & every night I enjoy free glorious sunsets, romantic strolls along the beach, am able to throw a line in & catch a Barra (& I do), take advantage of the East Point reserve BBQs, jogging & bike paths, walk to the Sailing Club, schools, shops, restaurants, markets & am minutes to the city.
This must have unit boasts two large bedrooms, private balcony, roomy living and dining, air-con, cool breezes & car parking under title. The complex provides a sparkling in ground swimming pool & entertaining area.

The current, long term tenant is looking to sign up a two year lease if sold to an investor.
Make an offer today!

Property History for 8/3 Banyan St, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$295,000
11 May 2016
Listed for Rent
$270/w
13 Aug 2011
  • 11 May 2016
    Sold for $295,000
  • 11 Feb 2016
    Listed for Sale OFFERS OVER $299,000
  • 30 Jul 2011
    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 1,497 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, 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.