38 Cox Cres, Katherine is a 3 bedroom, 1 bathroom House with 4 parking spaces and was built in 1978. The property has a land size of 863m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
A strong set and forget investment opportunity delivering immediate income and long term lease security. Currently leased at $650 per week with a fixed lease in place until December 2027, this renovated property offers excellent cash flow and minimal vacancy risk.
Freshly renovated throughout - including the kitchen, bathroom, downstairs areas and bedrooms - the home presents with broad tenant appeal and low ongoing maintenance. Positioned on a generous 863 sqm block within LR (Low Density Residential) zoning, this is a quality Katherine asset well suited to investors seeking stability and future potential.
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 13.29% increase in median value, while Units have seen a -54.58% decrease. As at 31 March 2026:
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