Property investors have seen a -0.54% drop in LATHAM based on a decrease in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains LATHAM, 2615 saw average growth in the long term.
The ACT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $555,000
Profits averaged 6.45% per annum over a 3-year period, due to an upward trend in home prices in LATHAM, 2615.
This means, real estate investors could earn a rental income of $495 based on current median home prices for the suburb.
The gross rental yield in LATHAM, 2615 is 4.64%.
An average of 4.5 real estate transactions take place per month in LATHAM which translates to 54 per annum.
Property investments in LATHAM fare well against the rest of the country last year, registering a median home price increase of 7.66%.
It is expected for properties to spend some time on the market prior to a successful sale. In LATHAM, homes and units usually stay on listing for an average of 0.0 days.
the ACT suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $425,800
Investors saw the median home price rise to $425,800.
LATHAM ranks 75th on the list of best yielding suburbs for rental properties in ACT, posting a 0% return.
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