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Apartment 4,
42 PHILIP STREET Fannie Bay NT 0820

This property is Off Market

All about Fannie Bay Homes for sale in Fannie Bay


  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 0.52 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
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Property For Sale Nearby

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About Fannie Bay - The Gardens

With an average age of 41, households expect an average monthly mortgage payment of $1,823 or a weekly rent payment of $333. The average family earns a weekly income of $2,164 with a typical household size of 1.9 and a 96.19% employment rate.

Consistent high demand relative to supply is a key feature in Fannie Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Fannie Bay ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. A mix of professions and above average income earners in Fannie Bay provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Fannie Bay requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 13%)

Are people healthy?

There are a recorded 285 asthma sufferers and 164 people living with diabetes. In addition, 97 people have a heart/vascular condition and 217 people live with three or more chronic diseases.

A good place to invest in property?

Fannie Bay - The Gardens a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Northern Territory State average 44 / 100

Income

95 / 100

55 / 100

Industry

39 / 100

29 / 100

Population

85 / 100

50 / 100

House Prices

85 / 100

61 / 100

Jobs

39 / 100

27 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • St John's Catholic College

    The Gardens, NT, 0820 Independent 7-12

  • Larrakeyah Primary School

    Larrakeyah, NT, 0820 State P-6

  • Ludmilla Primary School

    Ludmilla, NT, 0820 State P-6

  • St Paul's Catholic Primary School

    Rapid Creek, NT, 0810 Independent T-6

  • Millner Primary School

    Millner, NT, 0810 State P-6

  • Northern Territory School of Distance Education

    The Gardens, NT, 0820 State 7-12

  • Stuart Park Primary School

    Stuart Park, NT, 0820 State P-6

  • Darwin High School

    The Gardens, NT, 0820 State U, 10-12

  • Parap Primary School

    Parap, NT, 0820 State P-6

  • Darwin Middle School

    The Gardens, NT, 0820 State 7-9


Property Story

Apartment 4, 42 Philip Street, Fannie Bay, Nt, 0820 is a residential property . The estimated distance to the sea is only 0.52km and 0.13KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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