OFF MARKET

1/12 Katherine Terrace
Katherine NT 0850

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 84m2
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Property Details for 1/12 Katherine Tce, Katherine

Building Type
Commercial
Year Built
1987
Floor Size
84m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 513

Last Listing description (November 2023)

Situated directly opposite the Katherine Central Shopping Centre and in the main street, this is the ideal situation for a retail shop.

Featuring it's own kitchenette and with secure staff parking, this is the perfect place for a small business to get plenty of passing trade.

Available immediately, to arrange a viewing or for more details call 8972 2788 and ask for Sue.

Property History for 1/12 Katherine Tce, Katherine, NT 0850

A timeline of how this property has performed in the market
Listed for Rent
$506/w
27 Nov 2023
  • 26 Sep 2023
    Listed for Rent $26,400 / year

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About Katherine 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 1,223 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.
There are currently 21 properties listed for sale, and 8 properties listed for rent in Katherine on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Katherine.

Suburb Insights for Katherine 0850

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.