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NT › Fannie Bay › Philip St

3/7 Philip St, Fannie Bay, NT, 820

For saleUnit

$1,175,000

For sale

Asking

3

Bedrooms

2

Bathrooms

2

Car spaces

311 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,175,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,175,000(Listing record · 16 July 2026)
  • FactLand 311 m²; no building size recorded.(Property record)
  • CalculationAsk is 12% below the Fannie Bay median recorded sale ($1,335,500, n=8, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Fannie Bay's advertised median rent ($390/wk), implied gross yield would be 1.73% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,175,000

Asking · $3,778/m² of land

No recorded sale for this property.

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.

See the full Fannie Bay report →

Vs Fannie Bay

-12.0%

Median sale

Suburb $1,335,500

+0.21 pp

Gross yield

Suburb 1.52%

Suburb median $1,335,500 from 8 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,175,000
Stamp Duty (Northern Territory)
$58,163
Transfer/Registration Fee
$181
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,237,044

$62,044 on top of the price (5.3% extra)

  • Stamp Duty (Northern Territory)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Northern Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Fannie Bay's advertised median rent — not a rent for this listing.

Net yield
0.23%
Annual cashflow (pre-tax)
$-58,445
Interest cover (DSCR)
0.04
Annual rent
$20,280
Operating expenses
$17,625
Loan amount
$940,000
Annual interest
$61,100
Gross yield
1.73%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,175,000available16 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NT

Why this lot, not just this suburb

Why could this property outperform?

NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 311 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    NT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 311 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Fannie Bay in one glance

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.

See the full Fannie Bay report →

Keep researching

  • Why Fannie Bay? Read the area thesis →
  • What else is on the market in Fannie Bay →
  • Other records on Philip St →

Listing material

Listed by Absolute Real Estate NT Sales

Luxury Parkside Living | Private Plunge Pool

Nestled within one of Darwin's most prestigious suburbs, this architecturally designed executive residence delivers a lifestyle of luxury, privacy and effortless tropical living. Finished to an exceptional standard, the home combines generous proportions, premium finishes and seamless indoor-outdoor living, creating a home that feels like a luxury escape every day.

From the moment you step inside, you'll be captivated by the spacious open-plan design, where floor-to-ceiling glass doors flood the interiors with natural light and create a seamless connection between the indoor living spaces and your own private outdoor oasis. Overlooking the sparkling plunge pool and covered entertaining area, the home has been thoughtfully designed for relaxed family living and effortless entertaining all year round.

At the heart of the home is a stunning designer kitchen featuring premium Miele appliances, including twin wall ovens, a built-in coffee machine and induction cooktop, complemented by a Fisher & Paykel dishwasher. Stone benchtops, a generous breakfast bar and exceptional storage complete this impressive space, making it equally suited to everyday living and entertaining.

Read the full description

Accommodation comprises three generously proportioned bedrooms, with the luxurious master suite featuring a walk-in robe and beautifully appointed ensuite. A second living area upstairs provides excellent separation for families, guests or those working from home, while three toilets throughout the home ensure everyday convenience.

Outside, the covered entertaining terrace overlooks the private plunge pool, creating a peaceful setting to unwind or entertain. A private gate provides direct access to the adjoining park, enhancing the sense of space and privacy while extending your backyard into beautifully maintained green open space.

Completing the home is a fully tiled, air-conditioned double lock-up garage, offering versatility well beyond secure parking. Whether utilised as a home gym, workshop, studio or additional storage, it's a valuable extension of the home. A 4.5kW back-to-grid solar system further enhances the property's appeal, delivering improved energy efficiency and helping reduce ongoing running costs.

Offering the perfect balance of luxury, low-maintenance living and an enviable lifestyle, this is a rare opportunity to secure a premium residence in one of Darwin's most tightly held blue-chip locations.

________________________________________

At a Glance

Living

Architecturally designed executive residence

Spacious open-plan living filled with natural light

Separate upstairs family retreat or second living area

Seamless indoor-outdoor entertaining

Kitchen

Designer kitchen with stone benchtops

Premium Miele appliances throughout

Twin wall ovens and built-in coffee machine

Induction cooktop and Fisher & Paykel dishwasher

Generous breakfast bar and excellent storage

Accommodation

Three oversized bedrooms

Luxurious master suite with walk-in robe and ensuite

Two beautifully appointed bathrooms plus downstairs powder room

Outdoor Living

Private plunge pool

Covered entertaining terrace

Direct gated access to adjoining parklands

Low-maintenance tropical surrounds

Additional Features

Fully tiled, air-conditioned double lock-up garage

4.5kW back-to-grid solar system

Fully air-conditioned throughout

Premium fixtures and finishes throughout

Prestigious Fannie Bay location

________________________________________

Around the Suburb

Walk to the Fannie Bay Foreshore and East Point Reserve

Minutes from the Darwin Sailing Club, Trailer Boat Club and Parap Village Markets

Close to quality schools, cafs and everyday amenities

Approximately 10 minutes to Darwin CBD and the Waterfront

Located in one of Darwin's most tightly held and sought-after suburbs

________________________________________

About the Property

Council Rates: Approximately $1,822.00 per annum

Area Under Title: 311m

Body Corporate Manager: Castle Real Estate

Body Corporate Levies: Approximately $1,577.00 per quarter

Easements: None Found

Listing description written by Maria Kathopoulis, Absolute Real Estate NT Sales — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Dishwasher
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage

Also look at

Also for sale in Fannie Bay

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  • 2 Crush St, Fannie Bay, NT, 820

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  • 1/9 Hinkler Cres, Fannie Bay, NT, 820

    2-bed townhouse. Asking $685K.

    For sale
  • U18, 38 George Cres, Fannie Bay, NT, 820

    1-bed unit. Currently listed.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.