NT/
Fannie bay

Suburb Profile

Fannie Bay - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,820

house
unit

Property investments in FANNIE BAY did not fare well against the rest of the country last year, registering a median home price decrease of 2.4%.

Real estate investors could earn a rental income of $750 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 0.0 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $940,000.

FANNIE BAY ranks 48th on the list of best yielding suburbs for rental properties in NT, posting a 4.15% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $940,000 $530,000
GROWTH REPORT
Median Quarterly N/A -1.85%
Median 12 month 2.4% -18.46%
Median 3 years -10.05% -2.66%
Median 5 years 8.05% 17.13%
10 years average annual 3.49% 4.55%
Weekly media advert. rent $750 $440
Time on Market 0.0 days 57.0 days
Gross Rental Yield Percent 4.15% 4.32%
demographics (median values)
Total Population
2433
Weekly Household Income
1208
Household Size
2.10
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