SOLD
Sold on 26 Aug 2024 for $160,000

8/43 Grevillea Road
Katherine East NT 0850

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 78m2
Land area: 180m2
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Property Details for 8/43 Grevillea Rd, Katherine East

8/43 Grevillea Rd, Katherine East is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 180m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Katherine East in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
78m2
Land Size
180m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 2521/U2001/012

Last Listing description (November 2024)

This neat and tidy 2 bedroom unit is an ideal investment or home for someone wanting easy convenience to schools and shops.Located in a neat and tidy unit complex, you will have your own private yard providing a venue for outdoor entertaining. Full fencing provides privacy and security.With over 6% net return and rising rental returns, this is a great investment.Open plan living, dining and sizable kitchenGood sized bathroomMain bedroom is carpeted with built in robeSecond bedroom is sizable with built in robe also door opening into the court yardAirconditioned throughoutExternal laundry and storageRear parking Council rates: $1650 p/aBody Corporate: $1200 p/q

Property History for 8/43 Grevillea Rd, Katherine East, NT 0850

A timeline of how this property has performed in the market
Last Sold
$160,000
26 Aug 2024
Listed for Rent
$350/w
31 Mar 2023
  • 26 Aug 2024
    Sold for $160,000
  • 21 Jun 2024
    Listed for Sale UNDER CONTRACT
  • 02 Mar 2023
    Listed for Rent $350 / week
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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.

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