SOLD
Sold on 13 Nov 2024 for $215,000

2/5 Power Crescent
Katherine South NT 0850

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 83m2
Land area: 209m2
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Property Details for 2/5 Power Cres, Katherine South

2/5 Power Cres, Katherine South is a 2 bedroom, 1 bathroom Unit and was built in 1996. The property has a land size of 209m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Unit sold in Katherine South in the last 12 months.

Building Type
Unit
Year Built
1996
Floor Size
83m2
Land Size
209m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 3039/U2001/011

Last Listing description (November 2024)

Welcome to 2/5 Power Crescent, a charming two-bedroom, one-bathroom ground level brick unit nestled in a complex of nine. This well-maintained unit boasts an open plan living and dining area with air conditioning, providing comfort year-round. Step through sliding glass doors to access the private rear courtyard, perfect for relaxing or entertaining.

The kitchen offers ample bench and cupboard space, complete with a convenient breakfast bar. Both bedrooms feature built-in robes and air conditioning for added convenience. Enjoy the luxury of a newly renovated bathroom with a separate water closet.

Additional features include a separate lock-up storage room, secure laundry facilities, and a privately fenced backyard. Parking is a breeze with a single carport under the main roof.

Benefitting from a great rental return of $400 per week until August 30, 2024, this property boasts a rental yield of approximately 7.9%. Current body corporate fees are $1458 per quarter, with council rates approximately $1778 p/a.

Priced at Offers Over $230,000, this property presents an excellent investment opportunity. Don't let this gem slip away-schedule a viewing today! Contact Ashleigh David on 0438 857 912 for more information.

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Property History for 2/5 Power Cres, Katherine South, NT 0850

A timeline of how this property has performed in the market
Last Sold
$215,000
13 Nov 2024
Listed for Rent
$400/w
09 Feb 2022
  • 13 Nov 2024
    Sold for $215,000
  • 30 Apr 2024
    Listed for Sale Offers Over $230,000
  • 08 Feb 2022
    Listed for Rent $400 / week
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About Katherine South 0850

The size of Katherine South is approximately 6.2 square kilometres. It has 9 parks covering nearly 19% of total area. The population of Katherine South in 2011 was 1,405 people. By 2016 the population was 1,494 showing a population growth of 6.3% in the area during that time. The predominant age group in Katherine South is 30-39 years. Households in Katherine South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Katherine South work in a professional occupation. In 2011, 34.4% of the homes in Katherine South were owner-occupied compared with 38.8% in 2016.

Katherine South has NaN properties. Over the last 5 years, Houses in Katherine South have seen a 28.09% increase in median value, while Units have seen a 11.16% increase. As at 30 November 2024:

  • The median value for Houses in Katherine South is $321,121 while the median value for Units is $228,901.
  • Houses have a median rent of $420 while Units have a median rent of $350.
There are currently no properties listed for sale, and no properties listed for rent in Katherine south on OnTheHouse. According to CoreLogic's data, no properties were sold in the past 12 months in Katherine south.

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