Suburb Profile Report for Katherine East NT (0850)

Katherine East House: Median price $335,000, Annual capital growth 6.65%, Number of sales 24, Weekly median advertised rent $480

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Jul 2020 as supplied by CoreLogic. Data is reported to the period ending Apr 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

At number 2050th in the list of Australian suburbs ordered by increase in median house value over the last year, Katherine East, 0850 is in the BOTTOM 50% with a property value increase of 1.52% recorded in median house prices.

Katherine East,0850 has offered an average of 1.52% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Katherine East is offering property investors an average of -7.55. This rate of discount on properties puts Suburb at number 1st in terms of most discounted suburbs in NT

In the last year 24 properties changed hands in Katherine East, which puts it as the 19th most active market in NT when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $24960 per annum or $480 every week.

Metrics i HOUSE UNIT
$335,000 N/A
1.52% N/A
1.52% N/A
6.65% N/A
$480 N/A
24 N/A
7.45% N/A
93.8 N/A

Source: Monthly data update for Jul 2020 as supplied by CoreLogic. Data is reported to the period ending Apr 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 3016
Median household income ($/weekly) 1707
Median age of persons 27
Median housing loan repayment ($/monthly) 1733
Average household size 3
  • Census Count Percent(%)
    0-4 years 350 11.6
    5-14 years 579 19.2
    25-34 years 534 17.7
    35-44 years 440 14.6
    45-54 years 325 10.8
    Others 788 26.1
    Age Group
    Census Count Percent(%)
    Registered Married 706 41.1
    Not Married 649 37.8
    Defacto Relationship 364 21.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 2409 88.0
    Papua New Guinea 58 2.1
    Philippines 84 3.1
    United Kingdom 66 2.4
    Other 40 1.5
    Others 79 2.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 26 1.0
    Christianity 1679 65.1
    Islam 8 0.3
    Other Religious Groups 7 0.3
    No Religion 853 33.1
    Others 6 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 60 7.9
    $1,250-$1,499 63 8.3
    $1,500-$1,999 125 16.4
    $2,000-$2,499 129 17.0
    $2,500-$2,999 83 10.9
    Others 300 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1017 53.7
    Not in the labour force 455 24.0
    Employed, worked part-time 235 12.4
    Employed, away from work 124 6.5
    Unemployed, looking for work 64 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 117 8.5
    Professionals 222 16.1
    Technicians & trades workers 257 18.7
    Community & personal service workers 264 19.2
    Clerical & administrative workers 203 14.7
    Others 314 22.8
    Occupation
    Census Count Percent(%)
    Pre-school 52 6.6
    Infants/Primary 344 43.9
    Secondary 233 29.7
    Technical or Further Educational Institution 44 5.6
    University or other Tertiary Institutions 86 11.0
    Others 25 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2349 89.0
    Semi-detached, row or terrace house, townhouse 158 6.0
    Flat, unit or apartment 106 4.0
    Improvised home, tent, sleepers out 9 0.3
    House or flat attached to a shop, office 12 0.5
    Others 5 0.2
    Dwelling Structure
    Census Count Percent(%)
    Rented 538 62.5
    Being purchased 252 29.3
    Fully owned 65 7.5
    Other tenure type 6 0.7
    Tenure Type
Census 2011, ABS
Chart Table