2 Browne StreetKatherine South NT 0850
Property Details for 2 Browne St, Katherine South
2 Browne St, Katherine South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (February 2026)
Investment with Space & Potential
Securely leased and offering immediate returns, this versatile property presents a strong investment opportunity in a convenient Katherine location. Positioned on a corner block with dual access, this spacious residence delivers flexibility, solid rental income, and future value-add potential.
Currently tenanted at $700 per week until June 2027, this property provides investors with reliable cash flow and a long-term lease in place.
With four bedrooms, multiple living areas, and appealing outdoor features including a swimming pool, the home is well-suited to attract and retain quality tenants.
Property Features
• Residential house
• Four bedrooms in total
• Three bedrooms upstairs with built-in cupboards
• Additional small room off the living area
• One bedroom downstairs with air-conditioning
• Large open-plan living and dining area
• Open kitchen overlooking the backyard
• Kitchen equipped with electric and gas cooking and dishwasher
• Split system air-conditioning throughout
• Ceiling fans throughout
• Upstairs bathroom with separate toilet
• Downstairs toilet and shower
• External laundry
• Flexible downstairs space with potential for additional living or retreat
• Swimming pool
• Two decks
• Entertaining area within the pool yard
• Fully fenced yard
• Two parking areas including carport
• Corner block with two separate property entrances
Additional Information
• Corner allotment offering dual access
• Generous yard appealing to families and long-term tenants
• Strong potential to renovate and increase future returns
• Close to parks and the showgrounds
• Approx. 2-minute drive to Katherine CBD
• Zoning: LR (Low Density Residential)
• Year built: 1993
Council Rates & Rental
• Council Rates: $2,665 p/a
• Rental Return: $700 per week (fixed lease to June 2027)
For further information or to arrange an inspection, please contact:
• Ash David
• 0484 394 932
• ash.david@gdlrural.com.au
• Nutrien Harcourts GDL - Katherine
Property History for 2 Browne St, Katherine South, NT 0850
- 20 Feb 2026Listed for Sale Offers Over $399,000
- 09 Feb 2024Listed for Sale Offers over $399,999
- 27 Jan 2023Listed for Rent $650 pw
Recent sales nearby
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0About Katherine South 0850
The size of Katherine South is approximately 6.2 square kilometres. There are 9 parks, covering nearly 19.0% of the total area. The population of Katherine South in 2016 was 1495 people. By 2021 the population was 1507 showing a population growth of 0.8% in the area during that time. The predominant age group in Katherine South is 30-39 years. Households in Katherine South are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Katherine South work in a community and personal service occupation.In 2021, 28.60% of the homes in Katherine South were owner-occupied compared with 38.80% in 2016.
Katherine South has 734 properties. Over the last 5 years, Houses in Katherine South have seen a 15.15% increase in median value, while Units have seen a 19.69% increase. As at 31 July 2026:
- The median value for Houses in Katherine South is $360,903 while the median value for Units is $251,713.
- Houses have a median rent of $508 while Units have a median rent of $420.
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