Property investors who have had real estate in Latham, 2615 should be ok with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.12%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Latham has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Latham should be aiming for at least -5.60% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.
Latham, 2615 ranked 14th in ACT when comparing growth in median property values or capital gain over the last 12 months. Latham is one of 126 in our list for ACT
Comparing Latham,2615 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Latham are currently offering property investors an average price cut of -2.09% below the asking price at the moment.
In the last year 14 properties changed hands in Latham, which puts it as the 62th most active market in ACT when comparing the number of sales per suburb.