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Latham

Suburb Profile

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

house

Property investors have seen a -1.78% 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 $579,500

Profits averaged 6.7% 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 $505 based on current median home prices for the suburb.

The gross rental yield in LATHAM, 2615 is 4.53%.

An average of 4.17 real estate transactions take place per month in LATHAM which translates to 50 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $579,500 N/A
GROWTH REPORT
Median Quarterly -1.78% N/A
Median 12 month 8.32% N/A
Median 3 years 20.1% N/A
Median 5 years 28.78% N/A
10 years average annual 3.96% N/A
Weekly media advert. rent $505 N/A
Time on Market 41.5 days N/A
Gross Rental Yield Percent 4.53% N/A
demographics (median values)
Total Population
3686
Weekly Household Income
1337
Household Size
2.70
demographics
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