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Katherine East

POSTAL CODE: NT, 850
HOUSE

Property investors have seen a 6.47% gain in KATHERINE EAST based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on KATHERINE EAST, 850 can rest assured about this NT suburb's performance. The suburb saw median home prices rise by 12.12%.

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 $370,000

Profits averaged 0% 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 $527.5 based on current median home prices for the suburb.

The gross rental yield in KATHERINE EAST, 850 is 7.41%.

An average of 4.75 real estate transactions take place per month in KATHERINE EAST which translates to 57 per annum.

Surburb overview

"Katherine East, with the postcode 850, is a vibrant and growing suburb located in the Northern Territory of Australia, forming a key part of the Katherine region. This overview provides a detailed snapshot of Katherine East, incorporating the latest available information.

Katherine East is situated just a few kilometres east of the Katherine town centre, offering easy access to the central business district’s amenities, services, and employment opportunities. This proximity makes it an attractive location for residents seeking convenience alongside a relaxed, community-oriented lifestyle.

Katherine East has a diverse population, reflecting a mix of Indigenous and non-Indigenous residents. The area is home to families, young professionals, and retirees, contributing to a dynamic community fabric. The suburb’s demographic diversity is supported by a range of housing options, from single-family homes to apartments and town houses.

The suburb falls within the jurisdiction of the Katherine Town Council, which is responsible for local governance, infrastructure maintenance, community services, and development planning. The council aims to support the suburb’s growth and enhance the quality of life for its residents.

Katherine East benefits from Katherine’s public transportation network, with bus services facilitating access to the town centre, nearby amenities, and other parts of the Katherine region. This connectivity ensures residents can easily navigate the area without relying solely on private vehicles.

The suburb is well-served by a variety of establishments, including schools, shopping centres, healthcare facilities, and recreational venues. Educational options in Katherine East cater to a range of ages, ensuring families have access to quality schooling. Shopping and dining options are readily available in the Katherine town centre, offering residents convenience and variety.

Katherine East boasts several parks and green spaces, providing residents with ample opportunities for outdoor recreation, relaxation, and community events. The nearby Katherine Hot Springs, Nitmiluk National Park, and the Katherine River offer additional recreational activities, including hiking, swimming, canoeing, and exploring the natural beauty of the NT.

In summary, Katherine East is a suburb that offers a blend of convenience, community, and natural beauty. Its strategic location near the Katherine town centre, combined with the area’
s cultural diversity, range of amenities, and outdoor recreational opportunities, makes Katherine East an appealing choice for a wide variety of residents. "

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