8 Third StreetKatherine NT 0850
Property Details for 8 Third St, Katherine
Last Listing description (June 2023)
Prime land Zoned Central Business (CB), this 2020 square metre block is positioned in a well-established central location, only a short drive or walk to the Katherine CBD.
Ample office space with large individual rooms, toilet amenities with wheelchair access and a 290-metre square shed. The block is fully fenced and secured.
Surrounding business's include Mechanics, Tyre Repair Services, Roadhouse, Car Wash, etc.
This is an excellent site to develop a much-needed local business to serve our growing community or to buy as an investment.
Property History for 8 Third St, Katherine, NT 0850
- 08 May 2023Sold for $600,000
- 22 Feb 2022Listed for Sale Offers Over $650,000.00
- 24 Sep 2013Sold for $435,000
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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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