Suburb Profile Report for Katherine South NT (0850)

Katherine South House: Median price $256,000, Annual capital growth 5.34%, Number of sales 12, Weekly median advertised rent $373

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

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

  • House Report

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Katherine South has fallen somewhat when compared to the 5 year average annual rate.

In the last year 12 properties changed hands in Katherine South, which puts it as the 46th most active market in NT when comparing the number of sales per suburb.

A $372.5 per week rent on the median house gives suburb investors a gross yield of circa 7.57%, without taking into account capital value appreciation, which has been averaging out at 5.34%.

Metrics i HOUSE UNIT
$256,000 N/A
0.00% N/A
N/A N/A
5.34% N/A
$373 N/A
12 N/A
7.57% N/A
N/A N/A

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

DSR Score for property investment : Above average (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