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Investment Property Fannie Bay, NT, 0820

Suburb Snapshot

Fannie Bay is a suburb in the Darwin Region of Northern Territory. Fannie Bay has a population of 2,625 people and 34.72% of its occupants live in rental accommodation. The median listing price for houses is $1,025,000 and this has changed NA over the past year and changed NA over 2 years.

The median rent in Fannie Bay for houses is $700 per week and the median rental yield is 3.55%. Stock on the market for houses/townhouses has changed -41.18% compared to last year and the average time to sell a house/townhouse is 81 days.The median listing price for units is $350,000 and this has changed -21.88% over the past year. The average unit takes 261 days to sell and the median rent for a unit in Fannie Bay is $455 per week, producing a rental yield of 6.76%.

Supply & Demand in Fannie Bay, Darwin

0.72%

Current vacancy rate


10

Rental stock available


2,625

Population


34.72%

Rental population


0.82%

Current vacancy rate


303

Rental stock available


78,798

Population


38.62%

Rental population


0.59%

Current vacancy rate


610

Rental stock available


228,837

Population


38.00%

Rental population


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Statistical data for Fannie Bay, Darwin

  House Townhouses Units
Median listing price $1,025,000 $600,000 $350,000
Median price change - last quarter NA 3.44% -4.52%
Median price change - 1 year NA 3.00% -21.88%
Median price change - 2 years NA 9.28% -22.23%
  House Townhouses Units
Median weekly rent $700 $725 $455
Median yield % 3.55% 6.28% 6.76%
Median rent change - 1 year -8.50% 11.53% 1.11%
  House Units
Previous month sales 2 3
Stock on market previous month 10 9
Stock variance vs. last year -41.18% -40.00%
Average days on market 81 261

Fannie Bay investment property listings

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