4 Property Market Trends To Expect In 2022
The impacts of COVID-19 are expected to continue to sway the property market in the year ahead, even as the country’s ...
Property investors have seen a 5.08% 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 $310,000
Profits averaged -1.19% 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 $460 based on current median home prices for the suburb.
The gross rental yield in KATHERINE EAST, 850 is 7.72%.
An average of 4.75 real estate transactions take place per month in KATHERINE EAST which translates to 57 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||-6.06%||N/A|
|Median 3 years||-3.58%||N/A|
|Median 5 years||91.36%||N/A|
|10 years average annual||5.14%||N/A|
|Weekly media advert. rent||$460||N/A|
|Time on Market||123.5 days||N/A|
|Gross Rental Yield Percent||7.72%||N/A|