OFF MARKET

1/22 Martin Terrace
Katherine East NT 0850

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 131m2
Land area: 369m2
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Property Details for 1/22 Martin Tce, Katherine East

1/22 Martin Tce, Katherine East is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 369m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1999
Floor Size
131m2
Land Size
369m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 2834/U1999/097

Last Listing description (July 2020)

Current return of $450pw. Brick construction unit, 3 bedrooms, 2 bathrooms, fully air conditioned with split systems. Large formal lounge room, full-sized kitchen and dining with sliding glass door to back patio, extended concrete area for outdoor entertaining. Side access for trailers or boats. Garden shed lock up. Double carport under main roof, well fenced yard. Only 2 in complex. Corner block to Travers Crt, Katherine East.
Sound investment in a popular location.

Current Rental Return of $450.00 p/w

Property History for 1/22 Martin Tce, Katherine East, NT 0850

A timeline of how this property has performed in the market
Last Sold
$310,000
27 Jul 2020
Listed for Rent
$450/w
17 Mar 2020
  • 27 Jul 2020
    Sold for $310,000
  • 17 Feb 2020
    Listed for Rent $450 / week
  • 02 Aug 2017
    Listed for Sale $340,000
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About Katherine East 0850

The size of Katherine East is approximately 7.9 square kilometres. It has 11 parks covering nearly 22.8% of total area. The population of Katherine East in 2011 was 3,016 people. By 2016 the population was 3,106 showing a population growth of 3.0% in the area during that time. The predominant age group in Katherine East is 0-9 years. Households in Katherine East are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Katherine East work in a community and personal service occupation. In 2011, 35.2% of the homes in Katherine East were owner-occupied compared with 35.9% in 2016.

Katherine East has 1,027 properties. Over the last 5 years, Houses in Katherine East have seen a 20.92% increase in median value, while Units have seen a 17.66% increase. As at 30 November 2024:

  • The median value for Houses in Katherine East is $339,828 while the median value for Units is $249,488.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 9 properties listed for sale, and no properties listed for rent in Katherine east on OnTheHouse. According to CoreLogic's data, 39 properties were sold in the past 12 months in Katherine east.

Suburb Insights for Katherine East 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.