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Property investors have seen a 6.06% 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 $350,000
Profits averaged 3.13% per annum over a 3-year period, due to an upward trend in home prices in KATHERINE EAST, 850.
This means, real estate investors could earn a rental income of $475 based on current median home prices for the suburb.
The gross rental yield in KATHERINE EAST, 850 is 7.06%.
An average of 1.92 real estate transactions take place per month in KATHERINE EAST which translates to 23 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||6.06%||N/A|
|Median 3 years||9.38%||N/A|
|Median 5 years||-11.39%||N/A|
|10 years average annual||7.95%||N/A|
|Weekly media advert. rent||$475||N/A|
|Time on Market||143.8 days||N/A|
|Gross Rental Yield Percent||7.06%||N/A|
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