ACT/
Latham

Suburb Profile

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

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Property investors have seen a 2.31% gain in LATHAM based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on LATHAM, 2615 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 13.22%.

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 $552,500

Profits averaged 6.27% 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 $487.5 based on current median home prices for the suburb.

The gross rental yield in LATHAM, 2615 is 4.59%.

An average of 4.5 real estate transactions take place per month in LATHAM which translates to 54 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $552,500 $401,000
GROWTH REPORT
Median Quarterly 2.31% -1.11%
Median 12 month 13.22% 2.82%
Median 3 years 18.82% N/A
Median 5 years 20.7% 9.26%
10 years average annual 4.48% 4.81%
Weekly media advert. rent $487.5 N/A
Time on Market 41.8 days 85.3 days
Gross Rental Yield Percent 4.59% N/A
demographics (median values)
Total Population
3686
Weekly Household Income
1337
Household Size
2.70
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Latham, ACT
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