Suburb Profile Report for Katherine East NT (0850)

Katherine East House: Median price $300,000, Annual capital growth 8.47%, Number of sales 29, Weekly median advertised rent $440

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

At number 3760th in the list of Australian suburbs ordered by increase in median house value over the last year, Katherine East, 0850 is in the BOTTOM 20% with a property value increase of -6.25% recorded in median house prices.

If we look at median property appreciation over just the last three months, Katherine East has given property investors a paper return of -6.69%. This puts Suburb as 50 on a list of fastest fasting appreciating suburbs in NT

Vendor discounting in Katherine East is giving property investors an average Vendor Discount of around -9.61%. This puts suburb at number 19th in NT when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Katherine East the average time real estate has been on the market is 183.5 days.

Metrics i HOUSE UNIT
$300,000 N/A
-6.69% N/A
-6.25% N/A
8.47% N/A
$440 N/A
29 N/A
7.63% N/A
183.5 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (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
Recent sales & rentals