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.