If you compare the increase in value of investment property in Latham, 2615 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this ACT suburb was 13.88%.
Comparing Latham,2615 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Latham is $559000, with sellers offering an average of -1.68% off the asking price.
At number 588 in a list of fastest selling suburbs, Latham is in the TOP 20% of suburbs in Australia with an average of days on market 44.73 for properties listed there.
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 2.82%
Across a shorter period, Latham, 2615 has seen a median price increase of -1.11% over the last quarter.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Latham, 2615. Typically our figures indicate that -7.37% is being offered, which puts this ACT suburb at 225th most discounted overall in Australia.