Fannie Bay is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0820). With a population of 2,875, the suburb has an established demographic with a median age of 39. Households earn a median income of $115K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Fannie Bay is $1.1 million, having risen modestly 0.7% over the past year. Units have a median price of $389,000 (-1.6% YoY). The median weekly rent is $390 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,167.
Fannie Bay is served by 1 school, including 1 secondary. The average ICSEA score is 980, which is around the national average of 1,000. Public transport access includes 15 bus stops.
From an investment perspective, Fannie Bay offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.1M/$711K), placing it in the premium segment. The price-to-income ratio of 9.8x is considered moderate. House prices have moved +0.7% year-on-year.
Fannie Bay is a smaller suburb in Northern Territory within the Darwin local government area (postcode 0820). With a population of 2,875, the suburb has an established demographic with a median age of 39. Households earn a median income of $115K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Fannie Bay is $1.1 million, having risen modestly 0.7% over the past year. Units have a median price of $389,000 (-1.6% YoY). The median weekly rent is $390 (Census 2021). This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $2,167.
Fannie Bay is served by 1 school, including 1 secondary. The average ICSEA score is 980, which is around the national average of 1,000. Public transport access includes 15 bus stops.
From an investment perspective, Fannie Bay offers a gross rental yield of 1.8%, rated as low yield. Property prices are above the state median ($1.1M/$711K), placing it in the premium segment. The price-to-income ratio of 9.8x is considered moderate. House prices have moved +0.7% year-on-year.