Located in Northern Territory within the Katherine local government area, Katherine South is a close-knit residential community (postcode 0850). The area has roughly 1,507 residents and a blend of families and working-age professionals, with a median age of 33. Households earn a median income of $85K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.8% year-on-year at the LGA level. NT employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NT also had 4 Commonwealth-backed major projects under construction, 3 underway, and 5 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are community & personal service, professionals, managers. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are Aboriginal Australian, Australian, English.
The median weekly rent is $320 (Census 2021). The median monthly mortgage repayment is $1,325.
Katherine South is served by 1 school, including 1 primary. The average ICSEA score is 907, which is below the national average of 1,000.
From an investment perspective, Population growth of +0.8% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.