5 Katherine Terrace

Katherine NT 0850

The size of Katherine is approximately 4.2 square kilometres. It has 9 parks covering nearly 8.1% of total area. The population of Katherine in 2011 was 1,376 people. By 2016 the population was 1,490 showing a population growth of 8.3% in the area during that time. The predominant age group in Katherine is 20-29 years. Households in Katherine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Katherine work in a professional occupation. In 2011, 42.3% of the homes in Katherine were owner-occupied compared with 43.8% in 2016.

Katherine has 1,224 properties. Over the last 5 years, Houses in Katherine have seen a 16.43% increase in median value, while Units have seen a 28.77% increase. As at 31 October 2024:

• The median value for Houses in Katherine is $345,369 while the median value for Units is $233,652.
• Houses have a median rent of $485 while Units have a median rent of $380.