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Property investors have seen a 3.83% gain in LATHAM based on an increase 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 $555,500
Profits averaged 5.57% 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 $482.5 based on current median home prices for the suburb.
The gross rental yield in LATHAM, 2615 is 4.52%.
An average of 4 real estate transactions take place per month in LATHAM which translates to 48 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $555,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.83% | N/A |
| Median 12 month | 5.01% | N/A |
| Median 3 years | 16.7% | N/A |
| Median 5 years | 24.83% | N/A |
| 10 years average annual | 3.77% | N/A |
| Weekly media advert. rent | $482.5 | N/A |
| Time on Market | 47.3 days | N/A |
| Gross Rental Yield Percent | 4.52% | N/A |
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