2 Lorre Court, Katherine South NT 0850
This property is Off Market
- The Average property price in this area is $458,427, this is based on recent transactions.
- Distance to the coast 241.10 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Katherine
With an average age of 36, households expect an average monthly mortgage payment of $1,409 or a weekly rent payment of $350. The average family earns a weekly income of $2,067 with a typical household size of 2.3 and a 95.49% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Katherine South ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Katherine South classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Katherine South requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Katherine
General Points of Interest
Top didj
Katherine Country Club
Top Dij's
Tennis Club
YMCA
Katherine Central Shopping Complex
Sabu Sing Statue
Katherine Paintball
Boat Ramp
rented home
Population
(Country of Birth not stated 8%)
Are people healthy?
There are a recorded 1036 asthma sufferers and 571 people living with diabetes. In addition, 182 people have a heart/vascular condition and 860 people live with three or more chronic diseases.A good place to invest in property?
Katherine a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Northern Territory State average 44 / 100
Income
59 / 100
55 / 100
Industry
52 / 100
29 / 100
Population
68 / 100
50 / 100
House Prices
61 / 100
61 / 100
Jobs
67 / 100
27 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
Property Story
2 Lorre Court, Katherine South, Nt, 0850 is a residential property . The estimated distance to the sea is 241.1km and 0.42KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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