1/15 Philip Street, Fannie Bay, NT 0820 sold on 28 January 2025 | OnTheHouse
SOLD
Sold on 28 Jan 2025 for $612,500

1/15 Philip Street
Fannie Bay NT 0820

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 102m2
Land area: 321m2
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Property Details for 1/15 Philip St, Fannie Bay

1/15 Philip St, Fannie Bay is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1988. The property has a land size of 321m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in January 2025. There are other 2 bedroom Unit sold in Fannie Bay in the last 12 months.

Building Type
Unit
Year Built
1988
Floor Size
102m2
Land Size
321m2
Local Government
Darwin
Lot/Plan
Loc 200 Lot 2234/A 000247

Last Listing description (January 2025)

FOR ALL PROPERTY INFORMATION, please copy and paste the code below to your preferred web browser.
https://vltre.co/G57LrU

Key Details:

Body Corporate: Whittles Body Corporate Managers
Body Corporate Rates: $1,380 Per Quarter (Approximately)
Council Rates: $1,750 Per Annum (Approximately)
Easements: None Found
Fully Furnished: Yes
Land Area: 321m
Pool: Yes
Property Status: Vacant Possession at Settlement (30 days notice) / AirBNB - Please contact agent to discuss
Property Status: Leased on AirBnB @ $295 Per Night.
Rental Estimate: Please see property information for earning potential and financial statements
Sellers Conveyancing Agent: Tschirpig Conveyancing Services
Solar Panels: Yes
Unit Area: 101m
Year Built: 1988
Zoning: LMR (Low-Medium Density Residential)

Complex Amenities
Pets: Upon Application to the Body Corporate
Pool: No
No. of Units in Complex: 4

Body Corporate Information:
Admin Fund $1,190 Per Quarter (Approximately)
Annual budget and AGM minutes available in the property information (https://vltre.co/G57LrU)
Sinking Fund $190 Per Quarter (Approximately)
Water and Sewerage included in Body Corporate fees

Unlock the potential for fantastic returns, with the opportunity to earn over $50,000 per year from this established and thriving Airbnb! Discover the ultimate tropical retreat with this beautiful 2-bedroom, 1-bathroom Fannie Bay pool oasis. Ideally located just a minute's drive from Sunset Beach and the foreshore, and less than 10 minutes from the Darwin Golf Club and CBD, this property offers the perfect mix of relaxation and convenience for guests and owners alike.

Already delivering strong returns, this Airbnb has a loyal clientele and excellent reviews, proving its popularity as a top destination. Your guests can soak up the sun by the private pool or whip up a feast in the fully equipped kitchen, followed by alfresco dining in the lush outdoor setting.

The resort-like atmosphere is complemented by modern comforts, including air-conditioning and laundry facilities. For those who find time to work amidst all the relaxation, there's a dedicated desk space-ideal for checking emails or getting a little remote work done before heading back to the poolside.

This turnkey investment comes fully furnished and ready to continue as a high-performing Airbnb, offering not just comfort and style but also an established, profitable income stream with fantastic growth potential.

Around Suburb
East Point Reserve on your doorstep
Cafes and Restaurants a short walk away
Close to the Mindil Beach, Parap, Nightcliff and Rapid Creek Markets
Nightcliff Foreshore is near by
Darwin CBD and Waterfront Precinct less than10 minutes away

Property History for 1/15 Philip St, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Last Sold
$612,500
28 Jan 2025
Listed for Rent
$680/w
25 May 2015
  • 28 Jan 2025
    Sold for $612,500
  • 25 Oct 2024
    Listed for Sale UNDER CONTRACT
  • 03 Feb 2016
    Sold for $610,000
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About Fannie Bay 0820

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 2016 was 2624 people. By 2021 the population was 2875 showing a population growth of 9.6% 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 over $4000 per month on mortgage repayments. In general, people in Fannie Bay work in a professional occupation.In 2021, 45.70% of the homes in Fannie Bay were owner-occupied compared with 51.40% in 2016.

Fannie Bay has 1,514 properties. Over the last 5 years, Houses in Fannie Bay have seen a 74.28% increase in median value, while Units have seen a 60.76% increase. As at 30 November 2025:

  • The median value for Houses in Fannie Bay is $1,282,676 while the median value for Units is $499,032.
  • Houses have a median rent of $800 while Units have a median rent of $630.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Fannie bay on OnTheHouse. According to Cotality's data, 97 properties were sold in the past 12 months in Fannie bay.

Suburb Insights for Fannie Bay 0820

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.