Suburb Profile

Suburb profile for,

Fannie Bay, NT

Located in the dynamic state of NT (postcode 820), FANNIE BAY is a vibrant real estate market. This suburb holds a median house price of $1,100,000 and has demonstrated an average buying growth of Up 24.3%. Last month, 7 houses were available, with 26 transactions completed in the past year. Properties spend around 97 days on the market, reflecting the area's demand with 423 interested buyers. The average rental yield stands at 4.2%, with a weekly median rent of $500 per week and an average rent growth of Down -3.2%. Rental properties usually stay on the market for 33 days. The population in 2016 was 2623, which changed by +4.30% in the past five years. The median weekly household income is $2,328, reflecting an income change of +16.23% over the past five years. Residents have a median age of 41 years, and the suburb has an average annual growth for houses of +5.91%. To fully take advantage of FANNIE BAY's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in FANNIE BAY, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Fannie Bay, NT

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.
State
NT
Suburb
FANNIE BAY
Postcode
820
Median price for all dwellings
$1,100,000
Last 12 months growth return
Up 24.3%
Avg. dwellings for sale in the suburb every month
7
Avg. dwellings sold in the suburb in previous 12 months
26
Avg days on market for a dwelling listing to sell
97 days
Avg. number of people searching in this suburb every month
423
Avg. rental yield per annum
4.20%
Weekly median rent for all dwellings
$500 per week
Median price for all houses
$1,100,000
Avg. rental yield growth in the previous 12 months
4.20%
Avg. days for a rental listing to find a tennant
33 days
Total suburb population in 2016
2623
Total suburb population change in 5 years up to 2016
4.30%
Avg. household income per week
$2,328
Median age of the population in the suburb
41
Historic avg annual growth return per annum in the suburb
5.91%

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