Fannie Bay is in the TOP 20% in NT when comparing median price capital growth over the last year. Fannie Bay gave property investors a very good capital gain figure when compared to the rest of the state, with 8.53%.
The five-year average increase in median property values for Fannie Bay,0820 has given property investors a potential capital gain of 40.00% across each of those five years.
Property buyers and investors in Fannie Bay 0820 should be seeing an average reduction in asking price of around -5.31% . This means that Fannie Bay is holding prices well when compared to other suburbs in NT.
In the last year 29 properties changed hands in Fannie Bay, which puts it as the 9th most active market in NT when comparing the number of sales per suburb.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 10.57%, investors should hope to achieve an overall return of 2.97%