With a capital gain of -6.06% for the last 12 months, Katherine East, 0850 has performed for property investments than its average annual 4.63% property growth over the last 5 years.
Katherine East,0850 was ranked 1750 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Katherine East are currently offering property investors an average price cut of -5.67% below the asking price at the moment.
On average over the past year, suburb has had 4.25 sales per month, which equates to 51 per year.
Renters in Suburb are facing rents around $23400 per annum or $450 every week.