KATHERINE 0850
State: NTPosiProp AI Investment Summary
KATHERINE (NT 0850) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 8.5% and has experienced a 12-month capital growth of Up 6.9%, with a median house buy price of $385,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.
Market Yield & Price Indices
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$355,000
$432,500
$385,000
Suburb Market Profile
Last month Katherine had 4 properties available for rent and 31 properties for sale. Median property prices over the last year range from $385,000 for houses to $227,000 for units. If you are looking for an investment property, consider houses in Katherine rent out for $580 PW with an annual rental yield of 8.5% and units rent for $405 PW with a rental yield of 8.3%. Katherine has seen an annual compound growth rate of 6.9% for houses.