Suburb Profile Report for Katherine South NT (0850)

Katherine South House: Median price $298,000, Annual capital growth 6.08%, Number of sales 15, Weekly median advertised rent $470

Katherine South Unit: Median price $240,000, Annual capital growth 2.75%, Number of sales 13, Weekly median advertised rent $400

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a a solid capital gain of 36.99% for the last year, Katherine South, 0850 is the 259th highest performer in Australia in this respect.

Over the longer term, Katherine South has seen property prices show investors a 25.84% return over the last 3 years. This is an improvement over the last 12 months

Katherine South, 0850 is offering NT ‘s 32th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NT.

Property value increases in Katherine South have tracked just higher than the NT average of 11.23% over the last 12 months.

The five-year average increase in median property values for Katherine South,0850 has given property investors a potential capital gain of 17.89% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Katherine South is offering property investors an average of -2.00. This rate of discount on properties puts Suburb at number 13th in terms of most discounted suburbs in NT

Renters in Suburb are facing rents around $20800 per annum or $400 every week.

Metrics i HOUSE UNIT
$298,000 $240,000
2.74% 2.75%
36.99% 11.72%
6.08% 2.75%
$470 $400
15 13
3.26% 4.64%
0 48.6969696969697

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Above average (U)
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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
    Dwelling Structure
    Census Count Percent(%)
    Rented 250 61.3
    Being purchased 101 24.8
    Fully owned 57 14.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table