OFF MARKET

8/8 Banyan Street
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 84m2
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Property Details for 8/8 Banyan St, Fannie Bay

8/8 Banyan St, Fannie Bay is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 84m2 and floor size of 64m2.

Building Type
Unit
Year Built
1979
Floor Size
64m2
Land Size
84m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 1777/UP 94/016

Last Listing description (May 2007)

Tucked away in Fannie Bay, Freshly Painted, Front & Rear Outdoor Areas
This unit functions well for the lifestyle & climate, front and rear outdoor areas provide room for entertaining & louvre windows throughout capture the cooling sea breezes. Living and dining areas are open; security screen doors at the entrance and in the main bedroom allow a breezeway between the front and rear of the property, air-conditioning is featured in the lounge. The kitchen presents well with laminate benchtops and cupboards, there is a electric stove.
Both bedrooms are completed with built-in wardrobes, the main bedroom has exterior access and RAC air-conditioner. The bathroom is of good size offering shower above corner spa bath, vanity and toilet. The unit is ceramic tiled throughout.

At the rear of the property is small courtyard featuring a undercover area, laundry and palm garden, it is full fenced.
Well present complex consisting of 11 units (6 x 1 bedroom, 5 x 2 bedroom) in total in 2 buildings, there is common car parking at the front of the unit, a communal spa is maintained regularly.
The quiet complex of 8 Banyan Street is wonderfully positioned in Fannie Bay making it a easy walk to Fannie Bay shops, East Point Reserve, bus route and a short distance to Parap Markets on Saturdays.
Body Corporate Levies: $682 per qtr
Darwin City Council Rates: $203 per qtr
OPEN FOR INSPECTION: Saturday 19th May Midday to 12:30
Additional feature - Minutes to East Point Reserve.

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

A timeline of how this property has performed in the market
  • 19 May 2007
    Listed for Sale 235000
  • 12 Oct 2002
    Listed for Sale Not Disclosed
  • 22 Jun 2002
    Listed for Sale Not Disclosed

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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 29.77% increase in median value, while Units have seen a 3.18% increase. As at 30 September 2024:

  • The median value for Houses in Fannie Bay is $957,724 while the median value for Units is $424,505.
  • Houses have a median rent of $830 while Units have a median rent of $550.
There are currently 13 properties listed for sale, and 7 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.