OFF MARKET

2/16 Forscutt Place
Katherine East NT 0850

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Floor area: 86m2
Land area: 465m2
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Last updated 18 Nov 2024
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Property Details for 2/16 Forscutt Pl, Katherine East

2/16 Forscutt Pl, Katherine East is a 4 bedroom, 2 bathroom House with 8 parking spaces and was built in 1990. The property has a land size of 465m2 and floor size of 86m2.

Building Type
House
Year Built
1990
Floor Size
86m2
Land Size
465m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 1672

Last Listing description (December 2021)

2 bedroom units available for sale independently or together as a top investment. Strata title complete. Double brick construction, tiled floors throughout. Both units offer 2 bedrooms, open lounge and dining, good sized kitchen. They are both fully air conditioned. The total land size for the complex units is 1510m2, so each unit has plenty of open lawn areas. OR Unit 1 total area 465m2, Unit 2 615m2 (as big as many house blocks). A privacy fence separates the back yards, with the front of the units open for car parking.
Each are currently tenanted at $350pw each unit. Opportunity to purchase just one or both. Consider the package to live in one and receive rental return from the other. Above flood levels, adjoining parkland and within walking distance to schools and shops. Well fenced and bitumen driveway.
Both available at $530,000

Property History for 2/16 Forscutt Pl, Katherine East, NT 0850

A timeline of how this property has performed in the market
  • 12 Nov 2018
    Listed for Sale $530,000 For Both!
  • 13 Jul 2018
    Listed for Sale $530,000 For Both!
  • 02 Aug 2017
    Listed for Sale $305 000 EACH UNIT

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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 1,028 properties. Over the last 5 years, Houses in Katherine East have seen a 17.33% increase in median value, while Units have seen a 13.02% increase. As at 31 October 2024:

  • The median value for Houses in Katherine East is $342,548 while the median value for Units is $258,907.
  • Houses have a median rent of $525 while Units have a median rent of $450.
There are currently 10 properties listed for sale, and no properties listed for rent in Katherine east on OnTheHouse. According to CoreLogic's data, 41 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.