OFF MARKET

59 Oshea Terrace
Katherine NT 0850

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 276m2
Land area: 1500m2
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Property Details for 59 Oshea Tce, Katherine

59 Oshea Tce, Katherine is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 2014. The property has a land size of 1500m2 and floor size of 276m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
2014
Floor Size
276m2
Land Size
1500m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 1384/S 79/198A

Last Listing description (July 2019)

2 units available in a prestigious complex of only 4 (two already sold off the plan)! These units represent an incredibly safe investment & fantastic opportunity to secure a stunning NEW unit in a prestigious position of Katherine North! These units are without doubt the most contemporary units that Katherine has seen, and are priced to sell quickly well below the equivalent price to build. Brought to you by the prestigious ACSM Builders Group, credited with producing modern and quality homes that are fast changing the cityscape of Darwin.
With Government tenants already interested in a $550 pw lease, new owners could see a 6% return on investment with a secure 2 year lease! These sleek and modern units would also be perfect for owners looking for a low maintenance lifestyle- including first homebuyers, who will be able to utilise the $26,000 Government grant.

This is an exceptional opportunity for first home buyers, busy professionals & investors keen to secure a stylish unit in fast growing Katherine, marked as a hotspot in 'Your Investment Property' magazine for August 2015. These units are in a low risk entry level price bracket, and represent one of the very safest options currently available for those looking to purchase in the Northern Territory.

For further information, please contact Kourtney at LJ Hooker Katherine on 0427 474 611 for your chance to secure one of these highly desirable and rare properties- before it's too late!
FEATURES:
* Beautiful views of Katherine North from your own balcony, which runs the length of the unit
* Secure gated complex, only 2 units available in a complex of only 4, all with their own yards and 2 car carports
* Built to Government Housing Standards, and with interested Government tenants looking for a secure 2 year lease at $550 pw
* Brilliant opportunity for first home buyers wishing to utilise the $26,000 grant
* 2 car carport/ entertainment area, ground level large tiled laundry
* Contemporary fixtures & fittings, stunning tiles, quality lighting, stunning open layout
* Designer kitchens with stone benchtops and premium appliances
* Fully tiled and air conditioned, with modern glass louvre windows fully fitted with Crimsafe

Property History for 59 Oshea Tce, Katherine, NT 0850

A timeline of how this property has performed in the market
Last Sold
$190,000
30 Aug 2013
Listed for Rent
28 Jan 2016
  • 25 Jul 2019
    Listed for Sale $485,000
  • 03 Dec 2015
    Listed for Rent - Price not available
  • 18 Aug 2015
    Listed for Sale $485,000
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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 1,228 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 25 properties listed for sale, and 9 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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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.