Property prices for rent in Katherine (Northern Territory)

The rent prices in real estate in Katherine, in the Northern Territory region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.

$508.83
Average price last 6 months
$0.64
Price/m² last 6 months
Average price per m2

The price per m² in Katherine has barely changed in the last 6 months. In September, the average price per m² was $0.62. In October this price barely changed remaining at $0.62 per m². In the following two months the price per m² has practically remained the same, going from $0.62 to $0.62 per m². The price per m² has risen 113 % 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 $0.62 to $0.7 during January, and February.

Average price

When referring to the price in Katherine (suburbs), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $497. In October This price remains at $495. In the following two months the average price has hardly changed with regard to the previous two months from $496 to $489.5. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.

Average price per bedrooms

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 $534 they are 36 % more affordable than the average price for Katherine . The properties with the highest average price have 4 bedrooms, Their price is 25 % more expensive than the average. After that we have properties with 3 bedrooms priced at $537.

With regard to the average price per m², those properties with 4 bedrooms are the most affordable ones at a cost of $0.61 / m², with an average $0.69 / m² price in Katherine. The properties with the most expensive average prices have 1 bedroom. They are 80 % more expensive than the average followed by properties with 2 bedrooms with a price at $0.88 / m².

Price per property type

The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $534 it is 30 % more affordable than the average price in Katherine. "House" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Apartment". At a price of $375 it is 11 % more expensive than the average price.

According to the average cost per m², the most affordable property is "House" at an average price of $0.64 / m² followed by "Apartment" priced at $1.05 / m². "Apartment" is the most expensive type of property with a $1.05 / m² value followed by "House" with an average price of $0.64 / m².

Charts data
Average price February
Average price per m² February
Number of properties used in Katherine
Number of properties used in region Northern Territory
$534
$0.69
514
11,462
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
Other cities in region Northern Territory