Suburb Profile
Latham - FREE SUBURB PROFILE REPORT POSTAL CODE: ACT,2615
Property investors have seen a -0.54% 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 $555,000
Profits averaged 6.45% 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 $495 based on current median home prices for the suburb.
The gross rental yield in LATHAM, 2615 is 4.64%.
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 | $555,000 | $425,800 |
| GROWTH REPORT | ||
| Median Quarterly | -0.54% | 2.41% |
| Median 12 month | 3.74% | 7.66% |
| Median 3 years | 19.35% | N/A |
| Median 5 years | 20.65% | N/A |
| 10 years average annual | 3.94% | 5.02% |
| Weekly media advert. rent | $495 | N/A |
| Time on Market | 47.2 days | 0.0 days |
| Gross Rental Yield Percent | 4.64% | N/A |
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