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This number can mean, real estate investors could earn a rental income of $430 based on current median home prices for the suburb.
On average, rents on listings have reached the $430 mark, reflecting a 8.94% increase in returns based on the current median price in KATHERINE.
KATHERINE, 850 ranks 49th in NT in terms of median property value increase and capital gains, based on year-to-date figures.
While it ranks 1st on the list of best yielding suburbs for rental properties in NT, posting a 8.94% return.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-2.34%||N/A|
|Median 3 years||N/A||N/A|
|Median 5 years||N/A||N/A|
|10 years average annual||6.7%||N/A|
|Weekly media advert. rent||$430||$355|
|Time on Market||0.0 days||0.0 days|
|Gross Rental Yield Percent||8.94%||8.2%|