Katherine East, NORTHERN-TERRITORY Real Estate & Suburb Profile
Comprehensive property market insights and live data for Katherine East.
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Property Market Snapshot & Data for Katherine East
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About Katherine East Real Estate
Katherine East is an eastern suburb of the town of Katherine, Northern Territory, Australia. It is in the local government area of the Katherine Town Council. The area was officially defined as a suburb in April 2007, adopting the commonly used local name for the residential subdivisions east of the town centre. It has been identified as the focus of future residential development as required by population growth in the town. Development in Katherine East is mainly residential north of Stuart Highway, with a small industrial area to the south.
Property Investment Potential
When analyzing the local real estate landscape, Katherine East presents a dynamic opportunity. With median property prices sitting around $2,079,000 and delivering an average rental yield of 2.9%, the area caters nicely to both owner-occupiers and savvy investors. Properties typically spend an average of 24 days on the market, underscoring the consistent demand in this part of Northern Territory. For accurate financial planning, check out our investment calculators to estimate your potential returns.
Local Demographics & Lifestyle in Katherine East
Frequently Asked Questions about Katherine East Real Estate
What is the median house price in Katherine East?
The median house price in Katherine East, Northern Territory is currently estimated at $2,079,000.
Is Katherine East a good place to invest?
With a capital growth of 9.1% over the last 12 months and an average rental yield of 2.9%, Katherine East presents a solid opportunity for property investors.
What is the postcode for Katherine East?
The postcode for Katherine East in Northern Territory is 0850.