Powered by MOMENTUM MEDIA
AREA REPORTS

Latham

Suburb Profile

Latham - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2615

house

Property investors have seen a -5.08% 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 $579,000

Profits averaged 3.78% 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 $512.5 based on current median home prices for the suburb.

The gross rental yield in LATHAM, 2615 is 4.6%.

An average of 3.67 real estate transactions take place per month in LATHAM which translates to 44 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $579,000 N/A
GROWTH REPORT
Median Quarterly -5.08% N/A
Median 12 month -2.28% N/A
Median 3 years 11.35% N/A
Median 5 years 23.85% N/A
10 years average annual 3.17% N/A
Weekly media advert. rent $512.5 N/A
Time on Market 39.7 days N/A
Gross Rental Yield Percent 4.6% N/A
demographics (median values)
Total Population
3686
Weekly Household Income
1337
Household Size
2.70
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

9 questions to ask before hiring a builder

9 questions to ask before hiring a builder

Once through with the initial steps of property investment, the more sophisticated investors jump onto building and renovation as their next...

Digital push to make positive waves in property

Digital push to make positive waves in property

The permanent move to electronic transactions as outlined by the federal government as part of JobMaker will lead to positive outcomes acros...

RBA

RBA rate cut won’t help economy

The Reserve Bank of Australia (RBA) reducing official interest rates from their current record lows will provide some relief for mortgage ho...

Home ownership to be more accessible with lending reforms: experts

Proposed federal government reforms to responsible lending obligations will help make home ownership more accessible for Australians, mortga...

Gold Coast apartment owners warned on ‘COVID schoolies’

Gold Coast apartment owners warned on ‘COVID schoolies’

A body corporate management company is urging apartment owners in the Gold Coast to be mindful about school leavers who are still planning o...

What is Division 40

What is Division 40?

There are two categories when it comes to tax depreciation, and every component of your investment property will fall into one or the other....

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.