Katherine Real Estate — Key Facts
- Active listings: 252
- Median price: $370,000
- For sale: 252
- Price range: $1 – $1,200,000
- Active agents: 19
- Property types: Acreage / Semi-rural, Apartment / Unit / Flat, Block of Units, House, Rural
- Country: Australia
Katherine Property Market Insights
Katherine, a vibrant town in the Northern Territory, offers a diverse range of properties with great value. The current market features 252 active listings, giving buyers several options from modest homes to larger family residences. The median price stands at $370,000, making Katherine an attractive markets for first-time buyers, long-term residents, and investors alike. With sustainable growth, access to local amenities, and a relaxed lifestyle, Katherine presents a balanced real estate landscape where affordability meets opportunity. Whether you’re looking for a charming cottage near town amenities or a newer home in a quiet neighborhood, the market remains competitive yet approachable. Professional guidance can help you navigate pricing, negotiations, and inspections to secure the best deal. Stay informed about seasonal changes, inventory shifts, and local developments that could influence value in the months ahead.
Market Snapshot
252
Active Listings
$370,000
Median Price
252
For Sale
Katherine Real Estate Market Overview
Katherine’s market sits at a steady pace with 252 active listings and a median price of $370,000. This combination suggests solid demand across a range of property types, from starter homes to family residences. Buyers may find opportunities in pricing disclosures, while sellers can tailor their expectations to current inventory levels and time on market. As infrastructure and community services expand, property values are positioned for gradual appreciation, supported by the town’s growth and regional appeal.
Latest Properties in Katherine
Frequently Asked Questions
The median home price in Katherine is $370,000 AUD. This figure helps buyers gauge typical costs and compare with nearby markets.
There are 252 active listings in Katherine, offering a range of options from affordable to larger family homes.
Yes, with a median price of $370,000, Katherine provides an accessible entry point for first-time buyers. It combines affordability with community amenities and growth potential.
Sellers should consider current inventory levels and time on market. Align pricing with comps, highlight renovations, and present a clear, locally relevant value proposition.
Watch for inventory changes and local development plans. As infrastructure expands, values may trend upward gradually, making timely offers important.
Real Estate Terms — Katherine Buyers Should Know
- MLS (Multiple Listing Service)
- A database used by real estate brokers to share active property listings. Listings on Mirror Real Estate that include an MLS number are sourced from a regional MLS feed.
- Median price
- The middle price point in a city's active listings. Half the listings are priced above, half below. More representative than the average because it isn't skewed by a few very expensive or very cheap properties.
- Days on market (DOM)
- The number of days a property has been actively listed for sale. A low DOM typically indicates strong demand; a high DOM may indicate overpricing or weaker demand.
- Price per square foot
- Listing price divided by interior square footage. Useful for comparing properties of different sizes in the same neighborhood, though it ignores lot size, finish quality, and condition.
- Active listing
- A property currently for sale or rent and visible to buyers. On Mirror Real Estate, active listings exclude expired, withdrawn, sold, and rented properties.
- New construction
- A home that has been built recently and not previously occupied, or one being sold by the original builder. Often includes builder warranties and customization options.