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56 Riverbank Drive,
Katherine South NT 0850

This property is Off Market

All about Katherine South Homes for sale in Katherine South


  • The Average property price in this area is $458,427, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 240.74 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Powerlines within 200m 0
street view icon Street view

Property For Sale Nearby

Elders 23 CAMPBELL TCE, Offers Over $399,000 3 Beds - 2 Baths - 2 Parking Within 0.1 km LJ Hooker 68 RIVERBANK DR, PRICE REDUCTION $355,000 4 Beds - 1 Baths - 2 Parking Within 0.2 km Elders 19 BERNHARD ST, CONTACT AGENT 3 Beds - 1 Baths - 2 Parking Within 0.2 km Elders 72 RIVERBANK DR, Offers Over $450,000 4 Beds - 2 Baths - 2 Parking Within 0.2 km LJ Hooker 16 TINDAL ST, $340,000 3 Beds - 1 Baths - 2 Parking Within 0.2 km LJ Hooker UNIT 7, 9 BERNHARD ST, $255,000 2 Beds - 1 Baths - 2 Parking Within 0.2 km Elders UNIT 5, 5 LORRE CT, $300,000 2 Beds - 1 Baths - 2 Parking Within 0.5 km LJ Hooker UNIT 1, 48 BERGMAN CCT, $250,000 2 Beds - 1 Baths - 2 Parking Within 0.5 km LJ Hooker UNIT 9, 5 POWER CR, $160,000 1 Beds - 1 Baths - 2 Parking Within 0.5 km Elders UNIT 1, 10 GREENSTREET CT, $287,000 2 Beds - 1 Baths - 1 Parking Within 0.5 km Elders 6 MOTT CR, Offers Over $120,000 Beds - Baths - Parking Within 0.5 km Elders 17 FULLER CR, $380,000 3 Beds - 1 Baths - 2 Parking Within 0.6 km LJ Hooker 13 LUCY ST, $285,000 3 Beds - 1 Baths - 3 Parking Within 0.6 km Elders 17 ELLIOT ST, CONTACT AGENT 3 Beds - 1 Baths - 1 Parking Within 0.6 km Elders 25 DOWLING ST, Offers Over $315,000 3 Beds - 1 Baths - 2 Parking Within 0.7 km LJ Hooker 35 PEARCE ST, Offers Over $310,000 2 Beds - 1 Baths - 1 Parking Within 0.7 km LJ Hooker 15 WALTER YOUNG ST, $310,000 3 Beds - 2 Baths - 3 Parking Within 0.8 km Elders 12 SHEPHERD ST, Offers Over $439,000 5 Beds - 2 Baths - 2 Parking Within 1.0 km Elders UNIT 4, 10 VICTORIA HWY, $310,000 3 Beds - 1 Baths - Parking Within 1.0 km Elders 9 SHEPHERD ST, $230,000 Beds - Baths - Parking Within 1.0 km Elders 7 SHEPHERD ST, $230,000 Beds - Baths - Parking Within 1.0 km

Recently Sold Properties in this Area

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About Katherine

With an average age of 32, households expect an average monthly mortgage payment of $1,350 or a weekly rent payment of $320. The average family earns a weekly income of $1,812 with a typical household size of 2.5 and a 96.51% 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

General Points of Interest


Population

(Country of Birth not stated 10%)

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

  • St Joseph's Catholic College

    Katherine, NT, 0850 Independent T-12

  • Katherine School Of The Air

    Katherine, NT, 0850 State P-12

  • Kintore Street School

    Katherine, NT, 0850 State P-12

  • Katherine High School

    Katherine East, NT, 0850 State 7-12

  • Clyde Fenton Primary School

    Katherine, NT, 0850 State P-6

  • Katherine South Primary School

    Katherine South, NT, 0850 State P-6

  • MacFarlane Primary School

    Katherine East, NT, 0850 State P-6


Property Story

56 Riverbank Drive, Katherine South, Nt, 0850 is a residential property . The estimated distance to the sea is 240.74km and 0.17KM 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

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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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