Katherine at a glance
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Median sale
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Median rent
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Suburb gross yield
NT › Katherine › Riverbank Dr
$559,000
For sale
Asking
4
Bedrooms
2
Bathrooms
6
Car spaces
740 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$559,000
Asking · $755/m² of land
No recorded sale for this property.
Katherine at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$31,552 on top of the price (5.6% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Northern Territory schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
NTNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 740 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent and no suburb rent aggregate are loaded. No comparable official bond series. Listing figures only, labelled low confidence.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
0 of 10 questions answered so far
Development optionality of this lot
UnknownNT bulk cadastre is not an open commercial product. Lot optionality cannot be computed from official geometry. Listed land size is 740 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. No comparable official bond series. Listing figures only, labelled low confidence.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Katherine at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Nutrien Harcourts GDL Katherine96 RIVERBANK DRIVE, KATHERINE Offers Over $559,000
This large, elevated home overlooks the Katherine River and is just a five-minute walk to the iconic Hot Springs, Pop Rocket Café and Katherine South Primary School. Positioned on a 740m² block, this property is unique to Katherine South, offering exceptional flexibility for families or as a high-yield investment appealing to companies.
Property Features:
• Three bedrooms, one bathroom upstairs
• Bedrooms with built-in robes and curtains
• Large modern kitchen with six-burner gas stove and ample storage
• Modern bathroom and separate toilet
• Front and back verandahs plus a front balcony with river views
• Large lounge and dining area with polished wood floors
• Air-conditioning and ceiling fans throughout
• Large louvre windows for breezy Territory living
• Downstairs Features:
• Modern self-contained granny flat with separate kitchenette and sitting room
• Additional shower, toilet and laundry
• Two undercover carparks and large storage/games rooms
• Fenced inground pool with shady, low-maintenance gardens
• High fencing all around for privacy and security
Additional Information:
• Price: Offers Over $559,000
• Rental appraisal: $850 - $900 per week
• Gross yield at $900/week: 8.3%
• Council rates: approx. $2,000 p/a
• Double-door garage plus single rear access for ample car / boat storage
• Low-maintenance lawns with established garden beds
• Security Screens
• NBN Connection
• Ideal for company housing or families needing space and flexibility
• Nothing else like this in Katherine South - a renovated, airy Territory-style home with decks front and back
Contact:
• Ash David
• Nutrien Harcourts GDL
• ash.david@gdlrural.com.au
• 0484 394 932
Listing description written by Ash David, Nutrien Harcourts GDL Katherine — reproduced as published, not verified by Districts.