59 Oshea Tce, Katherine is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 2014. The property has a land size of 1500m2 and floor size of 276m2. While the property is not currently for sale or for rent, it was last sold in August 2013.
2 units available in a prestigious complex of only 4 (two already sold off the plan)! These units represent an incredibly safe investment & fantastic opportunity to secure a stunning NEW unit in a prestigious position of Katherine North! These units are without doubt the most contemporary units that Katherine has seen, and are priced to sell quickly well below the equivalent price to build. Brought to you by the prestigious ACSM Builders Group, credited with producing modern and quality homes that are fast changing the cityscape of Darwin.
With Government tenants already interested in a $550 pw lease, new owners could see a 6% return on investment with a secure 2 year lease! These sleek and modern units would also be perfect for owners looking for a low maintenance lifestyle- including first homebuyers, who will be able to utilise the $26,000 Government grant.
This is an exceptional opportunity for first home buyers, busy professionals & investors keen to secure a stylish unit in fast growing Katherine, marked as a hotspot in 'Your Investment Property' magazine for August 2015. These units are in a low risk entry level price bracket, and represent one of the very safest options currently available for those looking to purchase in the Northern Territory.
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 1,222 properties. Over the last 5 years, Houses in Katherine have seen a 19.53% increase in median value, while Units have seen a 16.91% increase. As at 30 November 2025:
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