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5/29 First Street, Katherine$289,000
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For Saleapartment

5/29 First Street

Katherine, NT 0850, Australia
$289,000
2 bed 1 bath 1 car81 m²

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About this property

Positioned in a well-maintained complex just a short stroll from the heart of town, this newly renovated and fully furnished 2-bedroom apartment offers modern comfort, convenience, and an excellent investment opportunity. Step inside to find: - A light-filled open-plan living area with sleek vinyl flooring and split system air conditioning - A spacious, modern kitchen featuring electric stove/oven, ample cabinetry, and generous bench space - Two carpeted bedrooms, both with built-in wardrobes and air conditioning - A well-appointed bathroom with a large shower and separate toilet - An internal laundry for added convenience - Security screens on all windows and doors for peace of mind - Designated off-street parking for one vehicle Currently rented for $450.00 p/w until the 6th of July 2026, this is an ideal choice for investors or homebuyers seeking a low-maintenance, centrally located property. Not affected by the recent floods. Contact the Elders Real Estate Team today to secure this property! Alison Ross: 0417 847 950 Body Corp - $928 per quarter Council Rates - approx $1800 pa

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
81 m²
Listed
3 months ago

Repayment calculator

$1,401/month
$701 /fortnight
Loan $231,200 at 6.10% over 30 years

Upfront costs

Deposit$57,800
Stamp duty$14,306
Conveyancing (est.)$2,000
Total upfront$74,106
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Katherine

This 2-bedroom apartment in Katherine, NT 0850 sits within reach of public transport, local shops and nearby schools. It is listed 22% below the $370,000 median of 87 comparable apartmentswithin 5 km.

Schools near Katherine

  • Katherine School Of The Aircombined · T-9 · CoEd
  • Kintore Street Schoolcombined · T-12 · CoEd
  • St Joseph's Catholic Collegecombined · T-12 · CoEd
  • Clyde Fenton Primary Schoolprimary · T-6 · CoEd

What's nearby

  • Unnamed (bus)526 m away
  • OTR1.6 km away
  • Unnamed1.8 km away
  • Unnamed2.0 km away
  • Unnamed2.1 km away

Katherine at a glance

Full suburb profile
Population
1,254
Median age
34
Household income
$2,053/wk
Median rent
$360/wk
Median mortgage
$1,408/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Katherine price trend

Median sold · House 3 bed

Compound growth +0.4% / yr over 4 yrs

$355kcurrent median

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Price history

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1 price change recorded for this property

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