5/5 Lorre Court

Katherine South NT 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 731 properties. Over the last 5 years, Houses in Katherine South have seen a 17.25% increase in median value, while Units have seen a 12.51% increase. As at 31 October 2024:

• The median value for Houses in Katherine South is $321,883 while the median value for Units is $233,072.
• Houses have a median rent of $443 while Units have a median rent of $325.