Fannie Bay, NT 0820: Suburb Profile & Property Report

Market Report

House report
Unit Report

Fannie Bay has 25 houses available for sale. The median property price for a house is currently $1,150,000 with annual capital growth of 4.55% . There were 25 house sales in the past 12 months. On average, houses spend 54 days on market.

If you're thinking about buying an investment property in Fannie Bay, consider that rental yields for houses are currently 4.94% with an average median rent of $830 weekly. Houses have seen 1.32% growth in the past quarter, and 4.55% growth in the past 12 months.

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 51 units available for sale. The median property price for a unit is currently $482,500 with annual capital growth of -2.53% . There were 40 unit sales in the past 12 months. On average, units spend 46 days on market.

If you're thinking about buying an investment property in Fannie Bay, consider that rental yields for units are currently 6.35% with an average median rent of $575 weekly. Units have seen 1.90% growth in the past quarter, and -2.53% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$1,150,000	$482,500
Quarterly growth	+1.32%	+1.90%
12-month growth	+4.55%	-2.53%
Average annual growth	+4.29%	+5.31%
Weekly median rent	$830	$575
Gross rental yield	4.94%	6.35%
Number of Sales (12m)	25	40
Avg. Days on Market (12m)	54	46

Jump to Market Trends

Key Demographics	2011	2016
Total population	2,514	2,623
Population change (5y)	+3.41%	+4.30%
Median household income (p/w)	$2,003	$2,328
Household income change (5y)	+56.61%	+16.23%
Median age of persons	41	41

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Fannie Bay is $1,150,000 for houses and $482,500 for units.

The Median Growth in Fannie Bay over the past 12 months is 4.55% for houses and -2.53% for units.

Over the past 12 months there were 25 houses sold and 40 units sold in Fannie Bay. On average, houses spent 54 days on market and units spent 46 days on market.

In the past 12 months up to August 2024 there were 25 houses sold and 40 units sold in Fannie Bay. On average, houses spent 54 days on market and units spent 46 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Fannie Bay is $830 for houses and $575 for units.

The Rental Yield in Fannie Bay is 4.94% for houses and 6.35% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Fannie Bay was 2,623 in 2016, a +4.30% change compared to 2011.

The predominant age group in Fannie Bay is 30-39 years.

The population of Fannie Bay was 2,623 in 2016, a +4.30% change compared to 2011.

The predominant age group in Fannie Bay is 40-49 years.

Most of the population in Fannie Bay were born in Australia.

Most of the population in Fannie Bay report their religion as No Religion.

Most of the population in Fannie Bay report their income range as $182,000 .

The median household income in Fannie Bay was $2,328 in 2016, a +16.23% change compared to 2011.

Most of the population in Fannie Bay report their income range as between $130,000 and $182,000 .

The median household income in Fannie Bay was $2,003 in 2011, a +56.61% change compared to 2006.

Most of the population in Fannie Bay work as Professional.

The chart below demonstrates the various levels of education in Fannie Bay.

Most of the population in Fannie Bay reached a qualification level of Bachelor.

2011 2016

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