11 Third Street, Katherine, NT 0850 | Property Value & History | OnTheHouse
 
OFF MARKET

11 Third Street
Katherine NT 0850

Bedrooms: 10
Bathrooms: 10
Car spaces: 10
Land area: 2149m2
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Property Details for 11 Third St, Katherine

Building Type
Commercial
Land Size
2149m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 125/OP 001445

Last Listing description (January 2021)

Phone enquiries - please quote property ID 23396

This property is located in the heart of Katherine, just 300 metres from the Katherine University, supermarkets and within 500 metres to Katherine Centre.

Currently being run as a budget motel, perfectly suited to owner operator, with managers residence. Choose to carry on running the business whilst living on-site, or investigate potential development opportunities.

* Corner position
* Land size: 2150m2
* Construction: Large brick construction with 20 air-conditioned rooms (all with en-suites). Partly renovated with 14 rooms re-tiled and re-plumbed
* Communal kitchen and laundry for guests
* In-ground Swimming Pool
* 30 KW grid centred solar system
* On-site car parks for 15
* Spacious 2 bedroom, 1 bathroom caretakers residence (open plan lounge and kitchen).

This freehold property is now on the market. Your expressions of interest are welcome by close of business, November 29th, 2019. Enquire today for more information.

DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.

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Property History for 11 Third St, Katherine, NT 0850

A timeline of how this property has performed in the market
Last Sold
$519,999
18 Dec 2020
  • 18 Dec 2020
    Sold for $519,999
  • 17 Oct 2019
    Listed for Sale EXPRESSIONS OF INTEREST BY 29TH NOVEMBER, 2019
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About Katherine 0850

The size of Katherine is approximately 4.2 square kilometres. It has 9 parks covering nearly 8.1% of total area. The population of Katherine in 2016 was 1488 people. By 2021 the population was 1254 showing a population decline of 15.7% in the area during that time. The predominant age group in Katherine is 20-29 years. Households in Katherine are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Katherine work in a professional occupation.In 2021, 43.20% of the homes in Katherine were owner-occupied compared with 43.80% in 2016.

Katherine has 1,220 properties. Over the last 5 years, Houses in Katherine have seen a 11.29% increase in median value, while Units have seen a 18.32% increase. As at 31 January 2026:

  • The median value for Houses in Katherine is $349,177 while the median value for Units is $258,956.
  • Houses have a median rent of $550 while Units have a median rent of $425.
There are currently 20 properties listed for sale, and 4 properties listed for rent in Katherine on OnTheHouse. According to Cotality's data, 45 properties were sold in the past 12 months in Katherine.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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