18/38 George Crescent, Fannie Bay, NT 0820 | Property Value & History | OnTheHouse
FOR SALE

18/38 George Crescent
Fannie Bay NT 0820

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 150m2
Land area: 113m2
This property is currently on the market
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Property Details for 18/38 George Cres, Fannie Bay

18/38 George Cres, Fannie Bay is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 113m2 and floor size of 150m2.This Property is currently listed for sale with Ray White Bayside

Building Type
Unit
Year Built
1989
Floor Size
150m2
Land Size
113m2
Local Government
Darwin

Last Listing description (July 2026)

Tenanted until March 2027, this one-bedroom apartment creates an effortless investment in a standout location. Enjoying a quiet position on the fringes of East Point Reserve, it's also only moments to the foreshore and Fannie Bay's shops.

One-bedroom unit in small, quiet complex
Perfectly positioned on the first (top) floor

Neutral tones and tiled floors throughout
Generous bedroom featuring built-in robes
Bathroom with shower and integrated laundry
Air-conditioned, louvres encourage airflow
Small balcony located at front of unit
Allocated parking space for one car
Excellent location with sought-after suburb

Calling all investors! With a tenant in place, this ideally located apartment creates a solid addition to your portfolio, while also offering potential to add value with updates.

Situated on the top floor within a double-storey complex, the apartment offers a peaceful and private base in a fantastic location. Compact yet practical, the layout is superbly low maintenance, keeping everyday upkeep to a minimum.

Featuring high ceilings, it feels light and airy through both the open-plan and generous bedroom. Through the kitchen, everything is neatly laid out, adjoining the airy open-plan for seamless interaction.

In the bedroom, a wall of built-in storage is a handy addition, as is the integrated laundry within the bathroom. Completing the package is AC, louvres and a small balcony at the front of the unit. Car parking is allocated for one car.

Of course, location is the major drawcard here. Situated within highly desirable Fannie Bay, the apartment is just a short stroll from the foreshore, where you find pathways that trail the water up to Lake Alexander and East Point Reserve.

It's also a short walk to the iconic Fannie Bay Coolspot and its surrounding conveniences, as well as the Sailing and Trailer Boat Clubs. Parap is close at hand, while Darwin CBD is only 10 minutes away.

Status: Leased until March 2027 at $330 p/w
Area under Title: 70 square metres approximately
Year built: 1992 approximately
Whittles Body Corporate Fees: $1,185 per quarter approximately
Darwin City Council Rates: $1,800 per annum approximately
Zoning: LMR (Low-Medium Density Residential)

Property History for 18/38 George Cres, Fannie Bay, NT 0820

A timeline of how this property has performed in the market
Listed for Rent
20 Mar 2023
  • 13 Mar 2026
    Listed for Sale UNDER CONTRACT
  • 03 Feb 2023
    Listed for Rent $300 / week
  • 01 Jul 2021
    Listed for Rent - Price not available
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About Fannie Bay 0820

The size of Fannie Bay is approximately 2.1 square kilometres. There are 15 parks, covering nearly 38.7% of the 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 1,510 properties. Over the last 5 years, Houses in Fannie Bay have seen a 41.47% increase in median value, while Units have seen a 27.46% increase. As at 31 July 2026:

  • The median value for Houses in Fannie Bay is $1,137,687 while the median value for Units is $545,536.
  • Houses have a median rent of $990 while Units have a median rent of $600.
There are currently 8 properties listed for sale, and 8 properties listed for rent in Fannie bay on OnTheHouse. According to Cotality's data, 113 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.