Q&A: Babak Haeri, The Investors Agency
In this exclusive Q&A, Smart Property Investment speaks to founder of The Investors Agency, Babak Haeri. ...
Property investors have seen a 6.09% 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 $610,000
Profits averaged 6.19% 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 $494.5 based on current median home prices for the suburb.
The gross rental yield in LATHAM, 2615 is 4.22%.
An average of 3.58 real estate transactions take place per month in LATHAM which translates to 43 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $610,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.09% | N/A |
| Median 12 month | 8.93% | N/A |
| Median 3 years | 18.56% | N/A |
| Median 5 years | 36.24% | N/A |
| 10 years average annual | 3.66% | N/A |
| Weekly media advert. rent | $494.5 | N/A |
| Time on Market | 39.1 days | N/A |
| Gross Rental Yield Percent | 4.22% | N/A |
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