Fannie Bay

Population growth drivers in Fannie Bay are above average based on AreaSearch's ranking of recent, and medium to long-term trends

As of November 2025, the population of the Fannie Bay statistical area (Lv2) is estimated at around 3,147 people. This reflects an increase of 272 people since the 2021 Census, which reported a population of 2,875 people. The change is inferred from AreaSearch's estimate of the resident population as 3,077 following examination of the latest ERP data release by the ABS in June 2024 and an additional 49 validated new addresses since the Census date. This level of population results in a density ratio of 1,484 persons per square kilometer, which is above the average seen across national locations assessed by AreaSearch. The Fannie Bay (SA2) saw a growth rate of 9.5% since the 2021 census, exceeding the SA3 area's growth rate of 8.1%, marking it as a growth leader in the region. Overseas migration was primarily responsible for population gains during recent periods.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data and post-2032 estimates, AreaSearch applies growth rates by age cohort to each area, as provided by the ABS in its latest Greater Capital Region projections (released in 2023, based on 2022 data). Looking ahead, an above median population growth is projected for the Fannie Bay statistical area (Lv2), with the area expected to grow by 479 persons to 2041, reflecting a total increase of 13.3% over the 17 years.

Residential development activity is lower than average in Fannie Bay according to AreaSearch's national comparison of local real estate markets

AreaSearch analysis of ABS building approval numbers allocated from statistical area data shows Fannie Bay averaged around 4 new dwelling approvals annually over the past 5 financial years, totalling an estimated 22 homes. So far in FY-26, 2 approvals have been recorded. Between FY-21 and FY-25, an average of 4.5 people moved to the area for each dwelling built, indicating demand significantly exceeded new supply. New homes were being constructed at an average value of $1,554,000, targeting the premium market segment with higher-end properties.

This financial year, $4.8 million in commercial development approvals have been recorded, suggesting limited commercial development focus. Relative to Greater Darwin, Fannie Bay had 82.0% more building activity per person as of recently, offering buyers greater choice. However, construction activity has eased since then and remains below the national average, indicating the area's established nature and potential planning limitations. New development consists of 80.0% detached dwellings and 20.0% medium and high-density housing, preserving Fannie Bay's suburban nature with an emphasis on detached housing attracting space-seeking buyers. Notably, developers are constructing more detached housing than the existing pattern implies (35.0% at Census), reflecting persistent strong demand for family homes amid densification trends.

With around 1024 people per dwelling approval, Fannie Bay reflects a highly mature market. According to AreaSearch's latest quarterly estimate, the area is forecasted to gain 420 residents through to 2041. If current development rates continue, housing supply may not keep pace with population growth, potentially increasing competition among buyers and supporting stronger price growth.

Fannie Bay has emerging levels of nearby infrastructure activity, ranking in the 27thth percentile nationally

Changes in local infrastructure significantly affect an area's performance. AreaSearch has identified four projects expected to impact this region. Notable projects are Elysium Green, The North One Hotel And Apartments, Darwin Mid Suburbs Area Plan, and Darwin Inner Suburbs Area Plan. Relevant details about these projects follow.

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Employment conditions in Fannie Bay rank among the top 10% of areas assessed nationally

Fannie Bay has a highly educated workforce with essential services sectors well represented. Its unemployment rate is 1.1%, lower than Greater Darwin's 3.1%.

Employment growth over the past year was estimated at 1.9%. As of September 2025, 1,950 residents are employed, with an unemployment rate of 2.1% and workforce participation similar to Greater Darwin's 69.7%. Dominant employment sectors include public administration & safety, health care & social assistance, and professional & technical, with a particular specialization in the latter at 1.6 times the regional level. Construction employs only 6.1% of local workers, below Greater Darwin's 9.2%.

The area offers limited local employment opportunities, as indicated by Census data comparing working population to resident population. Over the past year, employment increased by 1.9%, while labour force grew by 1.8%, and unemployment remained essentially unchanged. In contrast, Greater Darwin saw employment and labour force growth of 1.9% each, with marginal unemployment increase. State-level data from 25-Nov shows NT employment contracted by 1.13%, with an unemployment rate of 4.4%. National employment forecasts from May-25 project a 6.6% expansion over five years and 13.7% over ten years, but growth rates vary significantly between industry sectors. Applying these projections to Fannie Bay's employment mix suggests local employment should increase by 6.8% over five years and 13.9% over ten years.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

The suburb of Fannie Bay has one of the highest income levels in Australia, according to the latest Australian Taxation Office (ATO) data aggregated by AreaSearch for the financial year 2023. The median income among taxpayers in Fannie Bay is $73,023, while the average income stands at $90,147. In comparison, Greater Darwin's figures are $66,956 and $77,199 respectively. Based on Wage Price Index growth of 8.44% since financial year 2023, current estimates for Fannie Bay would be approximately $79,186 (median) and $97,755 (average) as of September 2025. According to the 2021 Census figures, individual earnings in Fannie Bay stand out at the 95th percentile nationally ($1,322 weekly). Income brackets indicate that the $1,500 - 2,999 bracket dominates with 31.7% of residents (997 people), which aligns with the surrounding region where this cohort likewise represents 36.7%. Higher earners represent a substantial presence in Fannie Bay with 35.4% exceeding $3,000 weekly, indicating strong purchasing power within the community. Housing accounts for 14.4% of income while strong earnings rank residents within the 80th percentile for disposable income. The area's Socio-Economic Indexes for Areas (SEIFA) income ranking places it in the 9th decile.

Fannie Bay displays a diverse mix of dwelling types, with above-average rates of outright home ownership

Fannie Bay's dwelling structure, as per the latest Census, consisted of 35.2% houses and 64.8% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Darwin metro's 23.6% houses and 76.4% other dwellings. Home ownership in Fannie Bay was at 24.7%, with mortgaged dwellings at 23.4% and rented ones at 51.9%. The median monthly mortgage repayment was $2,167, higher than Darwin metro's average of $2,000. Median weekly rent in Fannie Bay was $390, compared to Darwin metro's $420. Nationally, Fannie Bay's mortgage repayments were significantly higher at $1,863 and rents exceeded the Australian average of $375.

Fannie Bay features high concentrations of group households and lone person households, with a fairly typical median household size

Family households comprise 63.3% of all households, including 24.5% couples with children, 29.2% couples without children, and 8.2% single parent families. Non-family households account for 36.7%, with lone person households at 30.7% and group households making up 6.2%. The median household size is 2.3 people, which aligns with the Greater Darwin average.

Educational attainment in Fannie Bay aligns closely with national averages, showing typical qualification patterns and performance metrics

In Fannie Bay, residents aged 15+ with university qualifications comprise 47.1%, surpassing the Northern Territory's 27.3% and Australia's 30.4%. This educational advantage is led by bachelor degrees at 28.7%, followed by postgraduate qualifications (13.3%) and graduate diplomas (5.1%). Vocational credentials are also prominent, with 27.8% of residents holding them – advanced diplomas account for 10.9% and certificates for 16.9%. Educational participation is high, with 29.1% of residents currently enrolled in formal education.

This includes 8.6% in primary, 7.7% in secondary, and 7.0% in tertiary education.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis shows 14 operational stops in Fannie Bay, all bus services. These stops are served by 34 different routes, offering a total of 2,297 weekly passenger trips. Transport access is rated excellent, with residents located an average of 151 meters from the nearest stop.

Services run at an average frequency of 328 trips per day across all routes, equating to around 164 weekly trips per individual stop.

Fannie Bay's residents boast exceedingly positive health performance metrics with both young and old age cohorts seeing low prevalence of common health conditions

Health outcomes data shows notable results across Fannie Bay, with both younger and older age groups exhibiting low prevalence of common health conditions. Approximately 62% of the total population (1,960 people) have private health cover, exceeding the national average of 55.7%.

The most prevalent medical conditions in the area are arthritis and asthma, affecting 6.3 and 6.1% of residents respectively. A significant majority, 75.6%, report being free from medical ailments, compared to 79.9% across Greater Darwin. Fannie Bay has a higher proportion of seniors aged 65 and over, with 20.6% (648 people) compared to the 11.0% in Greater Darwin. Health outcomes among seniors are commendable, largely aligning with the overall population's health profile.

The level of cultural diversity witnessed in Fannie Bay was found to be above average when compared nationally for a number of language and cultural background related metrics

Fannie Bay's population, as per the data from 2016 Census, showed higher cultural diversity than most local areas with 30.0% of residents born overseas and 21.3% speaking a language other than English at home. Christianity was the dominant religion in Fannie Bay, accounting for 37.2% of its population. Notably, Judaism had a higher representation in Fannie Bay at 0.3%, compared to the Greater Darwin average of 0.1%.

Regarding ancestry, the top three groups were English (26.9%), Australian (18.9%), and Other (11.3%). Some ethnic groups showed significant variations: Sri Lankan residents made up 0.5% in Fannie Bay compared to 0.7% regionally, Greek residents were at 2.2% versus 2.0%, and Irish residents accounted for 9.8% compared to the regional average of 8.1%.

Fannie Bay's population aligns closely with national norms in age terms

Fannie Bay's median age is 39 years, which is higher than Greater Darwin's average of 34 years and close to Australia's median of 38 years. Compared to Greater Darwin, Fannie Bay has a higher proportion of residents aged 75-84 (7.7%) but fewer residents aged 35-44 (13.1%). Between the 2021 Census and now, the population aged 5-14 has grown from 9.2% to 10.5%, while the 45-54 age group has declined from 12.1% to 10.3% and the 0-4 age group has dropped from 5.8% to 4.5%. By 2041, demographic modeling projects significant changes in Fannie Bay's age profile. The 75-84 cohort is expected to grow by 65%, adding 156 residents to reach 399. Residents aged 65 and above will drive 57% of population growth, reflecting broader demographic aging trends. However, the 0-4 age group is projected to show no growth, with 0 additional residents expected.