Suburb Profile Report for Fannie Bay NT (0820)

Fannie Bay Unit: Median price $700,000, Annual capital growth 10.57%, Number of sales 29, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • Unit Report

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%

Metrics i HOUSE UNIT
N/A $700,000
N/A 11.11%
N/A 8.53%
N/A 10.57%
N/A $400
N/A 29
N/A 2.97%
N/A 89

Source: CoreLogic

DSR Score for property investment : Balanced (U), Below average (H)
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Demographics
Total population 2514
Median household income ($/weekly) 1949
Median age of persons 40
Median housing loan repayment ($/monthly) 2500
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 264 10.5
    25-34 years 387 15.4
    35-44 years 393 15.6
    45-54 years 408 16.2
    55-64 years 353 14.0
    Others 710 28.2
    Age Group
    Census Count Percent(%)
    Not Married 774 43.2
    Registered Married 738 41.2
    Defacto Relationship 280 15.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1742 75.9
    Hong Kong 24 1.0
    Papua New Guinea 72 3.1
    United Kingdom 113 4.9
    Other 105 4.6
    Others 239 10.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 63 2.9
    Christianity 1289 59.4
    Hinduism 9 0.4
    Other Religious Groups 28 1.3
    No Religion 771 35.5
    Others 9 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 82 9.9
    $2,000-$2,499 66 8.0
    $2,500-$2,999 107 12.9
    $3,000-$3,499 90 10.9
    $4,000 or more 100 12.1
    Others 383 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1001 52.4
    Not in the labour force 502 26.3
    Employed, worked part-time 273 14.3
    Employed, away from work 96 5.0
    Unemployed, looking for work 39 2.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 275 20.0
    Professionals 376 27.4
    Technicians & trades workers 157 11.4
    Community & personal service workers 129 9.4
    Clerical & administrative workers 187 13.6
    Others 249 18.1
    Occupation
    Census Count Percent(%)
    Pre-school 30 6.2
    Infants/Primary 175 35.9
    Secondary 132 27.1
    Technical or Further Educational Institution 26 5.3
    University or other Tertiary Institutions 111 22.8
    Others 13 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1146 50.4
    Semi-detached, row or terrace house, townhouse 611 26.8
    Flat, unit or apartment 484 21.3
    Caravan, cabin, houseboat 9 0.4
    Improvised home, tent, sleepers out 17 0.7
    Others 9 0.4
    Dwelling Structure
    Census Count Percent(%)
    Rented 449 49.3
    Being purchased 231 25.4
    Fully owned 225 24.7
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals