7/25 Victoria HighwayKatherine NT 0850
Property Details for 7/25 Victoria Hwy, Katherine
7/25 Victoria Hwy, Katherine is a 4 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 739m2 and floor size of 278m2. While the property is not currently for sale or for rent, it was last sold in February 2006.
Last Listing description (February 2017)
2 Flats on 1 title, sound investment. 2 x 2 bedroom flats, privately fenced back yards, off-street parking, within walking distance to CBD, Golf Club and Katherine River Reserve. Private shady gardens.
Total weekly rent of $560pw.
Both flats are fully air conditioned and have tiled floors throughout as well as built in robes.
Unit 1 is currently rented at $260pw.
No Body Corporate - you will own both flats on the one freehold title. Room for 4 cars - off street parking
Opportunity to live in one unit whilst returning income from the other.
Property History for 7/25 Victoria Hwy, Katherine, NT 0850
- 19 Sep 2016Listed for Sale $435,000
- 13 Jan 2016Listed for Sale $453,000
- 28 Feb 2006Sold for $200,000
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0About 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.
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