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Investment Property Katherine, NT, 0850

Suburb Snapshot

Katherine is a suburb in the Katherine Region of Northern Territory. Katherine has a population of 1,493 people and 40.34% of its occupants live in rental accommodation. The median listing price for houses is $399,000 and this has changed 0.00% over the past year and changed -2.69% over 2 years.

The median rent in Katherine for houses is $500 per week and the median rental yield is 6.51%. Stock on the market for houses/townhouses has changed -13.51% compared to last year and the average time to sell a house/townhouse is 434 days.The median listing price for units is $265,000 and this has changed -1.86% over the past year. The average unit takes 442 days to sell and the median rent for a unit in Katherine is $360 per week, producing a rental yield of 7.06%.

Supply & Demand in Katherine, Katherine

0.88%

Current vacancy rate


6

Rental stock available


1,493

Population


40.34%

Rental population


0.87%

Current vacancy rate


38

Rental stock available


9,726

Population


36.27%

Rental population


0.59%

Current vacancy rate


610

Rental stock available


228,837

Population


38.00%

Rental population


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Statistical data for Katherine, Katherine

  House Townhouses Units
Median listing price $399,000 $340,000 $265,000
Median price change - last quarter 0.00% NA 0.00%
Median price change - 1 year 0.00% -17.08% -1.86%
Median price change - 2 years -2.69% -31.32% 6.00%
  House Townhouses Units
Median weekly rent $500 NA $360
Median yield % 6.51% NA 7.06%
Median rent change - 1 year 3.09% NA -2.71%
  House Units
Previous month sales 0 0
Stock on market previous month 32 5
Stock variance vs. last year -13.51% -28.57%
Average days on market 434 442

Katherine investment property listings

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