Suburb Profile Report for Katherine South NT (0850)

Katherine South House: Median price $300,000, Annual capital growth 2.65%, Number of sales 12, Weekly median advertised rent $380

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

Are you moving house? Our tip: move your mortgage too.

House Report

On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 6.59%, without taking into account capital value appreciation, which has been averaging out at 2.65%.

Metrics	HOUSE	UNIT
Median price	$300,000	N/A
Quarterly growth	N/A	N/A
12-month growth	N/A	N/A
Average Annual Growth	2.65%	N/A
Weekly median advertised rent	$380	N/A
Number of sales	12	N/A
Gross rental yield	6.59%	N/A
Days on market	N/A	N/A

DSR Score for property investment : Balanced (H), Above average (U)

Find another suburb

Find a mortgage broker in Katherine South NT

Demographics

Total population	1405
Median household income ($/weekly)	1202
Median age of persons	35
Median housing loan repayment ($/monthly)	1500
Average household size	2.4

Census	Count	Percent(%)
5-14 years	166	11.8
25-34 years	210	15.0
35-44 years	190	13.5
45-54 years	218	15.5
55-64 years	179	12.7
Others	441	31.4

Age Group

Census	Count	Percent(%)
Not Married	401	48.8
Registered Married	253	30.8
Defacto Relationship	167	20.3

Social Marital Status

Census	Count	Percent(%)
Australia	1032	88.3
Papua New Guinea	23	2.0
Philippines	26	2.2
United Kingdom	38	3.3
Other	12	1.0
Others	38	3.3

Country of Birth

Census	Count	Percent(%)
Christianity	752	68.7
No Religion	328	30.0
Buddhism	10	0.9
Other Religious Groups	5	0.5
Hinduism	0	0.0
Others	0	0.0

Religious Affiliation

Census	Count	Percent(%)
$600-$799	36	9.0
$800-$999	36	9.0
$1,000-$1,249	37	9.3
$1,500-$1,999	55	13.8
$2,000-$2,499	44	11.0
Others	192	48.0

Gross Household Income (Weekly)

Census	Count	Percent(%)
Employed, worked full-time	406	42.9
Not in the labour force	292	30.9
Employed, worked part-time	136	14.4
Employed, away from work	63	6.7
Unemployed, looking for work	49	5.2

Person Characteristics

Census	Count	Percent(%)
Managers	66	10.9
Professionals	119	19.7
Technicians & trades workers	96	15.9
Community & personal service workers	98	16.3
Clerical & administrative workers	69	11.4
Others	155	25.7

Occupation

Census	Count	Percent(%)
Pre-school	23	9.6
Infants/Primary	86	36.0
Secondary	57	23.8
Technical or Further Educational Institution	23	9.6
University or other Tertiary Institutions	28	11.7
Others	22	9.2

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	518	47.5
Flat, unit or apartment	359	32.9
Semi-detached, row or terrace house, townhouse	159	14.6
Caravan, cabin, houseboat	47	4.3
Improvised home, tent, sleepers out	8	0.7
Others	0	0.0