Katherine is the NT's fourth-largest town and a major service hub for the Top End south, best known as the gateway to Nitmiluk National Park's spectacular gorge system. It supports the RAAF Base Tindal, a significant defence presence, pastoral and mining services, and government employment across education and health. Its high rental yields — among the highest for any Australian regional town — reflect strong government and defence tenant demand, though capital growth is modest compared to coastal markets. At the current $345k median house price, an 80% loan at 6.25% over 30 years is about $1,699 per month.
| Median house price | $345,000 |
|---|---|
| Median unit price | $218,000 |
| Estimated monthly repayment | $1,699 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 4.2% |
| Gross rental yield | 7.2% |
| Typical days on market | 35 |
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