89 Casuarina Street, Katherine East, NT 0850 | Property Value & History | OnTheHouse
OFF MARKET

89 Casuarina Street
Katherine East NT 0850

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 153m2
Land area: 869m2
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Property Details for 89 Casuarina St, Katherine East

89 Casuarina St, Katherine East is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2014. The property has a land size of 869m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
2014
Floor Size
153m2
Land Size
869m2
Local Government
Katherine
Lot/Plan
Loc 425 Lot 3257/S2010/192B

Last Listing description (September 2026)

89 Casuarina Street, Katherine East, NT
FOR SALE: $890,000+

Crown Jewel of Casuarina St and Ultimate Cash Flow Asset

Positioned in Katherine East, 89 Casuarina Street is a sophisticated investment vehicle currently delivering an elite $1,290 per week in rental income. Widely regarded as a premier residence on Casuarina Street, it offers a superior build quality and lifestyle appeal unmatched in the local market.

Architectural Excellence & The Ultimate Entertaining Space

Originally commissioned by an architect, the property boasts a design focused on Top End living:

Seamless Indoor/Outdoor Living: The main living area, featuring stunning vaulted high ceilings, flows seamlessly onto a large, sheltered entertainment deck at the same level, overlooking the private garden.

Split-Level Mastery: A dynamic floor plan provides distinct zones for living and privacy-perfect for executive shared housing.

Investment Grade Specifications

The 4x3 Advantage: A high-demand 4-bedroom, 3-bathroom layout. The inclusion of a third bathroom makes this the preferred choice for high-ranking RAAF personnel and corporate contractors, maximizing occupancy and rental premium.

Superior Cash Flow: Commanding $67,080 per annum, representing a powerful 7.5% gross yield-outperforming metropolitan assets and regional medians.
Strategic Location: Minutes from the RAAF Base Tindal gates, ensuring near-zero vacancy in a 1.6% vacancy market.

Asset Features

Substantial 870m land holding in the premier "Casuarina" pocket.

Architecturally designed with premium finishes and vaulted ceilings.

The large, covered rear deck is an essential asset for Top End climate living and entertaining, flowing directly from the main living area.

The most significant street presence and appeal in Katherine East.

Secure the Record-Setter

With a proven history of commanding record-tier rents (peaking at $1,500/week), 89 Casuarina Street is the definitive choice for the investor seeking high yield, maximum depreciation, and a trophy asset.

Step into immediate positive cash flow and unparalleled lifestyle appeal.

Contact Alison Ross on 0417 847 950 to secure a professional information memorandum or to arrange a private site inspection.

Property History for 89 Casuarina St, Katherine East, NT 0850

A timeline of how this property has performed in the market
Last Sold
$610,000
08 Feb 2021
Listed for Rent
$1.30k/w
29 Aug 2023
  • 17 Feb 2026
    Listed for Sale Not Disclosed
  • 08 Feb 2021
    Sold for $610,000
  • 24 Nov 2020
    Listed for Rent $730 / week
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About Katherine East 0850

The size of Katherine East is approximately 7.9 square kilometres. There are 11 parks, covering nearly 22.8% of the total area. The population of Katherine East in 2016 was 3114 people. By 2021 the population was 3061 showing a population decline of 1.7% in the area during that time. The predominant age group in Katherine East is 0-9 years. Households in Katherine East are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Katherine East work in a community and personal service occupation.In 2021, 34.70% of the homes in Katherine East were owner-occupied compared with 35.90% in 2016.

Katherine East has 1,043 properties. Over the last 5 years, Houses in Katherine East have seen a 16.74% increase in median value, while Units have seen a 27.55% increase. As at 31 August 2026:

  • The median value for Houses in Katherine East is $385,305 while the median value for Units is $254,391.
  • Houses have a median rent of $620 while Units have a median rent of $490.
There are currently 10 properties listed for sale, and no properties listed for rent in Katherine east on OnTheHouse. According to Cotality's data, 88 properties were sold in the past 12 months in Katherine east.

Suburb Insights for Katherine East 0850

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Cotality Copyright and Legal Disclaimers about Property Data
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.