Fannie Bay at a glance
3,211
People
$1,335,500
Median sale
$390/wk
Median rent
1.52%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
NT › Fannie Bay › East Point Rd
5
Bedrooms
3
Bathrooms
4
Car spaces
1,340 m²
Land
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Fannie Bay at a glance
3,211
People
$1,335,500
Median sale
$390/wk
Median rent
1.52%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NTNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 1,340 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $390/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 1,340 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. This jurisdiction has no comparable official bond series in the free set.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Fannie Bay at a glance
3,211
People
$1,335,500
Median sale
$390/wk
Median rent
1.52%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Property Shop DarwinThe first time offered since 1950!
This unique property has been a much loved family home for generations - but like all properties, there comes a time to sell.
The current home sits on 1340sqm of absolutely prime real estate on Darwin's famous 'Golden Mile' - East Point Road.
It comes with a modern, independant residence (granny flat) for extended families.
The property also boasts a 36.6m frontage to George Crescent.
There are just 7 exclusive properties that enjoy the benefits of this dual street frontage.
Finding one for sale is a once-in-a-generation event, and they usually sell without coming to the open market.
The dual frontage aspect opens up so many options for your new luxury home or multiple dwelling development.
Couple that with the very flexible LMR zoning, and you have so many possibilites for maximising the value of the land.
Or, you may be happy to utilise the current home and granny flat as your family home.
So, the options include -
* Keeping the existing home and granny flat as your home
* Build a new luxury home for your family
* Develop into 2, 3 or 4 townhouse units (STPA)
* Subdivide the land into smaller lots (STPA) - to build on, or sell
These are the salient features of 114 East Point Road -
* Absolute seafront location
* 1340sqm land size
* 39.68m frontage to East Point Road
* 36.6m frontage to George Crescent at the rear
* 29.17m frontage to East Point Road Park
* Just one neighbour
* No easements on title
* No power lines obstructing the view
* Zoning LMR - Low to Medium Density Residential
* LMR zone allows for subdivision or multiple dwelling development
* Sturdy 4 bedroom home with ensuite
* Massive 350sqm concrete deck for sunset views
* Modern granny flat accommodation at the rear
* Blessed with glorious sunsets every evening
* Walk just 300m to Fannie Bay Shops with a variety of lifestyle shops
* Stroll 550m to the East Point Reserve entry and Lake Alexander
* Love horses? - the Equestrian Club is nearby
* The Darwin Turf Club is also nearby
* Parap Primary & Darwin High Schools are within walking distance
* Just 5 to 10 minutes from your CBD office
You may not have been seeking a new home when you saw this property advertised, but an opportunity such as this is genuinely rare, and should not be ignored.
With new multi-million dollar home being erected a stones throw from 114 East Point Road, you know that your investment here is secure.
However, the pleasure of living in such a coveted location will be the greatest reward.
Listing description written by Tony ONeill, Property Shop Darwin — reproduced as published, not verified by Districts.
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