Giving property investors a a poor capital gain of -13.24% for the last year, Katherine East, 0850 is the 4151th highest performer in Australia in this respect.
Katherine East,0850 was ranked 4460 in Australia by increase in median property value over the quarter.
Property buyers and investors in Katherine East 0850 should be seeing an average reduction in asking price of around -5.81% . This means that Katherine East is holding prices well when compared to other suburbs in NT.
In the last year 46 properties changed hands in Katherine East, which puts it as the 6th most active market in NT when comparing the number of sales per suburb.
With the median price for a house in Katherine East being $295000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 7.93%