Katherine East is an average performer in NT when comparing median price capital growth over the last year. Katherine East gave property investors a good capital gain figure when compared to the rest of the state, with -1.24%.
Taking the average capital gain, or increase in median house value, Katherine East,0850 has racked up an average of -1.24% over the period. This ranks it number 5th in the whole country for real estate investors looking at median house price increases.
On average over the past year, suburb has had 1.83 sales per month, which equates to 22 per year.
Advertised rents are around the $450 mark per week – giving a return of 7.37% based on the median price in Suburb