OFF MARKET

8/91 Ross Smith Avenue
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 46m2
Land area: 46m2
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Property Details for 8/91 Ross Smith Ave, Fannie Bay

8/91 Ross Smith Ave, Fannie Bay is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 46m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1980
Floor Size
46m2
Land Size
46m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 2974/UP 97/071

Last Listing description (September 2021)

Text '8ROSS' to 0488 810 057 for all property information.

First-home buyers get your start in this neat-and-tidy first-floor apartment that is well presented in modern white and features garden outlook from the open-plan living/dining area and both bedrooms. Investors also note the strong rental returns available in this sought-after Fannie Bay location, walking distance to Darwin Sailing Club, Vesteys Beach, Darwin Turf Club and Parap Village Markets.

Features include:

Light-filled, open-plan living/dining area in modern white
Tidy kitchen with electric stove and overhead cupboards
Well-presented main bathroom with generous shower
Two bedrooms are located off the living/dining area
Low-maintenance floor tiles throughout for fresh modern living
Ideal central location walking distance to shops and the beach

Move straight into this well-presented two-bedroom apartment and enjoy low-maintenance living in a prime coastal setting.

This solid two-bedroom apartment will be popular with first-home buyers, couples and investors alike. Be first in line to see it and organise your inspection today.

Council Rates: Approx. $1480 per annum
Area Under Title: 46sqm
Zoning: LR (Low Density Residential)
Status: Vacant Possession
Body Corporate: Elite Management
Body Corporate Levies: approx $875 per quarter
Vendors Conveyancer: Aquarius Conveyancing
Building Report: Available on request
Pest Report: Available on request
Settlement period: 45 Days
Deposit: 10% or variation on request
Easements as per title: (none found)

Property History for 8/91 Ross Smith Ave, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$230,000
24 Sep 2021
Listed for Rent
30 Nov 2020
  • 24 Sep 2021
    Sold for $230,000
  • 16 Jul 2021
    Listed for Sale Under Contract
  • 18 Sep 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 1,497 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.