OFF MARKET

32 First Street
Katherine NT 0850

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2020m2
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Property Details for 32 First St, Katherine

Building Type
Land
Land Size
2020m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 35/OP 001444

Last Listing description (January 2023)

32-34 First Street is positioned less than 100m from the Stuart Highway one street back on the outbound side of the highway.

The property is ideally positioned near the Victoria Highway turn off and is less than 400m to the Woolworth's complex on the same side of the Stuart Highway.

32 (Lot 35) and 34 (Lot 36) First Street are both 'Central Business' zoned rectangular shaped blocks both with dimensions of approximately 32 metres with and 64 metres depth. Both allotments are 2,020 square metres.

* Plans for 22 x bedroom apartments plus 2 offices on Lot 36
with previous D.A. and B.A.
* $1.1B to expand RAAF base Tindal will be an enormous
economic benefit to Katherine.
* Various potential land uses including commercial office,
retail, showroom, high density residential, mixed use (Subject
to NT Planning approval).
* Represents a key development opportunity in NT's
expanding agricultural hub.
* Available individually or together.

For more information please contact Ryan Doyle 0405 192 389 or Lee Doyle 0403 348 243 at North Commercial NT.

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Property History for 32 First St, Katherine, NT 0850

A timeline of how this property has performed in the market
Last Sold
$1,300,000
23 Dec 2022
  • 23 Dec 2022
    Sold for $1,300,000
  • 29 Jun 2020
    Listed for Sale Contact Agent
  • 21 Nov 2008
    Sold for $248,750

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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 1,224 properties. Over the last 5 years, Houses in Katherine have seen a 10.63% increase in median value, while Units have seen a 10.24% increase. As at 30 September 2024:

  • The median value for Houses in Katherine is $346,112 while the median value for Units is $194,753.
  • Houses have a median rent of $500 while Units have a median rent of $385.
There are currently 24 properties listed for sale, and 7 properties listed for rent in Katherine on OnTheHouse. According to CoreLogic's data, 41 properties were sold in the past 12 months in Katherine.

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