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.
Property investments in LATHAM did not fare well against the rest of the country last year, registering a median home price decrease of 2.82%.
Figures from the previous quarter show that capital gains for real estate buyers in LATHAM are low, as opposed to average gains per annum over the past five years.
It is expected for properties to spend some time on the market prior to a successful sale. In LATHAM, homes and units usually stay on listing for an average of 85.3 days.
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 $401,000
Investors saw the median home price rise to $401,000.
LATHAM ranks 77th on the list of best yielding suburbs for rental properties in ACT, posting a 0% return.
Based on what is coming out of the Royal...
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