Victoria Breaks Residential Property Price Records
According to the Real Estate Institute of Victoria's (REIV) September quarter report, Victoria's residential median prop...
The 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 $250,000.
Home owners selling their properties and realtors in KATHERINE SOUTH usually have to wait an average of 0.0 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $430 mark, reflecting a 8.94% increase in returns based on the current median price in KATHERINE SOUTH.
KATHERINE SOUTH, 850 places 44th in Australia based on median property value growth during the quarter.
|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%|