AREA REPORTS

Katherine East

NT/
Katherine east

Suburb Profile

Katherine East - FREE SUBURB PROFILE REPORT
POSTAL CODE: NT,850

house

Property investors have seen a 0% gain in KATHERINE EAST based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains KATHERINE EAST, 850 saw average growth in the long term.

The NT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $300,000

Profits averaged -3.92% per annum over a 3-year period, due to an downward trend in home prices in KATHERINE EAST, 850.

This means, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

The gross rental yield in KATHERINE EAST, 850 is 7.8%.

An average of 1.83 real estate transactions take place per month in KATHERINE EAST which translates to 22 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $300,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month -7.69% N/A
Median 3 years -11.76% N/A
Median 5 years -18.7% N/A
10 years average annual 1.38% N/A
Weekly media advert. rent $450 N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent 7.8% N/A
demographics (median values)
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