Property prices for rent in Katherine (Northern Territory)

The price per m² in Katherine has risen during the last 6 months. In October, the average price per m² was $0.62. In November this price barely changed remaining at $0.62 per m². In the following two months the price per m² has risen 106 %, going from $0.62 to $0.66 per m². The price per m² has risen 109 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $0.64 to $0.69 during February, and March.

When referring to the price in Katherine (suburbs), this has risen in the last 6 months. In our first sample month during October, the average price is $495. In November This price remains at $492. In the following two months the average price has hardly changed with regard to the previous two months from $493.5 to $517.5. Based on an analysis of the first four prices and the last two months the average price has increased 109 % during the last two months.

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $573 they are 48 % more affordable than the average price for Katherine . The properties with the highest average price have 4 bedrooms, Their price is 12 % more expensive than the average. After that we have properties with 3 bedrooms priced at $471.

With regard to the average prices per m² those properties with 1 bedroom are 43 % more expensive than the average price of ($1 / m²) in Katherine. Properties with the most expensive price when referring to the number of bedrooms / m² are those with 1 bedroom. They are 43 % more expensive than the average value aforementioned.

According to average price per property type in Katherine, "" priced at $508 is 11 % lower than the average price ($573) in this city.